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

407 East University Avenue
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This MultiFamily property located in IL was sold for $5,500,000 about 3 years ago. The brokers of the deal were Kevin Block and Darin Bowers

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.

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Deals
  • Location
    407 East University Avenue, Champaign, IL, USA407 East University Avenue, Champaign, IL, USA
  • Sale Price
    $5,500,000$5,500,000
    $114 PPSF$114 PPSF
  • Area
    48,195 SF48,195 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Kevin Block

Kevin Block

Deals1
Sold$5.5M

Agency

Keller Williams

Keller Williams

Agency
Deals1208
Volume$6B

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Deal Summary

SALE IMAGE: Kevin Block & Darin Bowers DATE: 03/05/2021 ADDRESS: 407 E University Ave MARKET: Champaign, IL ASSET TYPE: Multifamily BROKERS: Darin Bowers & Kevin Block - Keller Williams TREC PRICE: $5,500,000 SF: 48,195 ~ PPSF: $114 UNITS: 64 ~ PPU: $85,938

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407 East University Avenue

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