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Updated 9 days ago

The Factory


605 S Fourth Champaign, IL

Studio - 4 Bed
•
1 - 3 Bath

385 - 780 Sq. Ft.

Available Now
Deal
No Security Deposit! Just a one time non refundable admin fee: $300.00 1 Bed/ $350.00 2 Bed.
Floor plans
Studio • 1 Bath
$650
385 ft2
1 Available
Managed By: The University Group
Updated over 1 month ago

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101-212
$650
Available Now
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2 Beds • 1 Bath
$900 - $975
780 ft2
2 Available
Managed By: The University Group
Updated over 1 month ago

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Unit 3
$900
Available Now
View
Unit 3
$975
Available Now
View
4 Beds • 3 Bath
$521 / room
Size: N/A
1 Available
Managed By: The University Group
Updated over 1 month ago

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B1
$521 / room
Available Now
View
Where you'll live
Street View
Map View
Satellite View
The Factory
The Factory
The Factory
Location ratings
Walk Score®
94
Walker's Paradise
Transit Score®
62
Good Transit
Bike Score®
92
Biker's Paradise
Amenities
On-site Laundry
Heat Included
Air Conditioning
Furnished
Refrigerator
Trash Removal Included
Walk In Closets
Public Transportation
Internet Included
Water Included
Electric Included
Virtual Walkthrough
Near Campus
Near Grocery Store
Online Payments
Secured Entry
Bath Tub
Tile Floor
High-speed Internet
Cable-ready
Heat: Forced Air
Microwave
Range / Oven
Carpet
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Breed Restrictions:

NO BULLY BREEDS

Size Restrictions:

35 lbs or Under

Number Limit:

2 Pets

Pet Deposit:

$250.00 Non-Refundable

Pet Rent:

NONE

Parking
Off-street Parking
More Info:

Uncovered parking available at $45.00 per month and or $480.00 for the year.

Lease & Fees
Lease Length: 12 Months
Security Deposit: Equal to 1 Month's Rent
Application Fee: $25.00 per applicant
Property details
Description

The Factory is located close to the heart of Campustown located close to the corner of Fourth Street and Green Street. Living in one of these studio, two bedroom and four bedroom apartments puts you close to retail shops, restaurants, grocery stores, and the lively nightlife Green Street has to offer. The bedrooms are spacious and boast large closets. There is uncovered parking available at additional cost, but space is limited. The building is pet friendly (some restrictions do apply).

Additional Details
Year Built: 1965
Total Unit Count: 15
Last Updated: Updated 9 days ago
Office Hours
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 3:00 PM
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Factory by bedroom type below.
Studio
Suggested income:
$23,400
per year
2 Bedroom
Suggested income:
$33,700
per year
Rent report

The Factory Rent vs. Champaign Average

 The Factory      Champaign Average
Studio
$650
$993
$0
$350
$700
$1,050
$1,400
2BR
$938
$1,541
$0
$550
$1,100
$1,650
$2,200

The Factory is asking 35% less than the average studio apartment in Champaign.

If you upsized to an average priced Champaign 1 bedroom apartment, you would pay 23% more per month.

The Factory provides 20% less square footage than the average Champaign studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Factory
Studio $650 $1.70 $1,950
2BR $938 $1.20 $2,813
Champaign Average
Studio $993 $2.10 $2,980
1BR $1,291 $1.80 $3,874
2BR $1,541 $1.50 $4,622
3BR $1,494 $1.10 $4,482
4BR $1,667 $1.10 $5,001

Availability in Champaign

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 413 2BR units on the market in Champaign. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 27% 36% 15% 14%
Available Units in Champaign
Studio 82
1BR 314
2BR 413
3BR 171
4BR 164
Location
Nearby College

University of Illinois at Urbana-Champaign

Campus Buildings and Attractions
Distance Walking Biking Driving
Engineering Quadrangle 0.4 mi 9 min 5 min 1 min
Illini Union 0.5 mi 10 min 5 min 2 min
Main Library 0.7 mi 14 min 5 min 2 min
Campus Recreation Center 1.0 mi 20 min 7 min 3 min
State Farm Center 1.1 mi 24 min 8 min 3 min
Nearby Hospitals
Name Distance
Osf Healthcare System Heart Of Mary Medical Center 0.6 mi.
The Carle Foundation Hospital 1.08 mi.
The Pavilion Foundation 1.33 mi.
Nearby Fire Stations
Name Distance
City Of Champaign Fire Department 0.65 mi.
Urbana Fire Department 0.74 mi.
Edge Scott Fire Protection District 0.74 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 385 to 780 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 2 and 4 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 3 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $521 to $975. The Factory has studio units available starting at $650, 2 bedroom units available starting at $900, and 4 bedroom units available starting at $521.
Where is this property located?
This property is at 605 S Fourth in Champaign, IL. It's 0.3 miles east from the center of Champaign.
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