Hill Street East Real Estate

Hill Street East Real Estate

Welcome to Hill Street East, a charming neighborhood nestled in the heart of Champaign, Illinois. This vibrant community is known for its welcoming atmosphere, rich history, and a blend of urban convenience with suburban tranquility. Hill Street East offers an ideal setting for families, young professionals, and retirees alike, making it one of the most sought-after areas in Champaign County.

The neighborhood is characterized by its tree-lined streets and a diverse array of housing options, from cozy single-family homes to modern townhouses. Residents enjoy a strong sense of community, with friendly neighbors and local events that foster connections. Hill Street East is also conveniently located near some of the best amenities that Champaign has to offer, including parks, schools, and shopping centers.

For outdoor enthusiasts, Hill Street East boasts several nearby parks, perfect for picnics, jogging, or simply enjoying nature. The neighborhood is also within close proximity to the University of Illinois, providing a vibrant atmosphere filled with cultural events, art galleries, and a lively dining scene.

Transportation is a breeze, with easy access to major roadways and public transit options, making commutes to work or school hassle-free. Whether you’re exploring the local farmer's market, enjoying a meal at a trendy café, or taking a leisurely stroll through the peaceful streets, Hill Street East embodies the perfect blend of community spirit and modern living. Come discover your new home in this delightful neighborhood!

Newest Listings in Hill Street East

$1,995,000
12264247 MLS ⋅ ACTIVE Status
Excellent investment opportunity in downtown Champaign, located across from the Hill Street Parking Deck and just steps away from downtown restaurants and night-life. This historic turn of the century, architecturally significant Richardsonian building features residential multi-family and commercial tenant spaces. The building, once owned by Senator McKinley, began life as "The Women's Town Club" hotel, and now is home to Buzard Pipe Organ Builders, LLC. There are currently 6 unique luxury 2-bedroom residential apartments ranging from 980 to 1400 sqft which are 100% leased. The commercial space is currently occupied by the owner/business. Updates include zoned HVAC, 800 Amp electrical service, all new plumbing, 2 elevators (1 recently added freight and 1 historic passenger), new roof, thermopane windows, brick tuck-pointing, restored vintage and reproduction light fixtures, doors and windows, preserved tile flooring and original woodworking throughout. The entire building is fire-protected by a sprinkler system, and the ceiling separating the commercial space from the residential apartments above has a 2-hour fire rating. The first and second floor commercial space could be leased as a whole or split into multiple spaces. The existing apartments on the 3rd and 4th floors have room for significant monthly rent increases, and additional residential units could be added. They have cherry cabinets and high-end finishes, with some including tin ceilings and 100+-year-old pine floors. New windows were recently installed, and each unit features a washer and dryer. Unit 302 is multi-story in design, with the second bedroom accessible via a spiral staircase. The commercial space features a three story tall back loft which was opened from the first floor to the top of the 3rd floor. This building has endless opportunities including a potential event center space with ample parking in the parking deck. Because this building has been labeled a Historic Landmark, both federal and state historical tax credits are available for future renovation and construction expenses. Contact the listing agent for additional details on the potential hundreds of thousands of dollars (up to 45% of your improvements costs) available depending upon the project scope.

112 W Hill Street, Champaign
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