Keller Williams TREC Brokers Sell Multifamily Property In Champaign, IL For $5.5M

Located at 407 E University Ave in Champaign, IL, this multifamily property was recently sold for a total price of $5,500,000. The transaction took place on 03/05/2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,500,000
• Square Footage: 48,195 SF
• Price per Square Foot: $114
• Number of Units: 64
• Price per Unit: $85,938

The deal was facilitated by Darin Bowers and Kevin Block from Keller Williams TREC.

This transaction showcases the expertise of the brokers involved, Darin Bowers and Kevin Block, who represented the buyer and seller respectively. Their diligent efforts contributed to the successful completion of this sale, allowing both parties to achieve their desired outcomes.