A 102-unit multifamily portfolio consisting of five buildings and one single-family home, located at 1001-1021 West Francis Drive in Champaign, has been sold for $5.9 million. The properties, constructed in 1970, are positioned three miles from the University of Illinois Urbana-Champaign, showcasing a significant investment in the multifamily market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,900,000
• Units: 102
• Price Per Unit: $57,843

Michael Duckler from Interra Realty represented the undisclosed buyer in this off-market transaction, facilitating the deal on behalf of the buyer without disclosing their identity.