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This striking Victorian-style three-unit property combines incredible architectural character, a prime location near Downtown Champaign, and immediate income with room for future growth. The freshly painted exterior makes a memorable first impression, while inside, Unit 1 commands the entire first floor with a spacious living room, beautiful original pocket doors leading to the dining room, a large bedroom, full bath, and eat-in kitchen. Upstairs, Units 2 and 3 are each one-bedroom efficiency units with their own kitchens and full baths, creating three distinct income-producing spaces under one roof. Coin-operated laundry in the basement provides additional convenience, while plenty of off-street parking with access from both the driveway and alley is a major convenience. Even better, all three units are fully leased through July 2027, providing income from day one! With current rents offering the potential to increase revenue as leases come up for renewal, there is exciting upside still to capture. Victorian charm, full occupancy, abundant parking, a highly desirable location, and future income potential all come together at 408 W Healey, making this a standout opportunity for your investment portfolio!

Property Details of 408 West Healey Street

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Listed by Joe Zalabak of KELLER WILLIAMS-TREC ((217) 721-5855)

Based on information submitted to MRED  as of August 24, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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