

Property Attributes
- MLS#10876669
- TypeMulti-Family
- CountyCHAMPAIGN
- CityUrbana
- AreaUrbana
- Zip61801
- Style
- Year Built1900
- Taxes6985
- Price$ 234,000
- Bedrooms6
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2550
Listing Provided Courtesy Of:
Beringer Realty
Property Description
Turn key rental leased through 7/21. Start cash flowing on day 1. 2500 a month tenants pay all utilities. 2 units suited for two groups of 3-4 or one group of 6. Currently one group rents the whole building. Tenants pay all utilities including: water, sewer, recycling, trash, heat, electric, and wifi. The 700 block of West Illinois is a highly visible and rentable location for students. This is one property in an 8 property portfolio for sale including the following property: 302 West Locust: 624,000 12 one bedroom apartments 709 West Illinois: 244,000 2 three bedroom apartments 602 Busey: 164,000 3 one bedroom apartments 703 West High: 159,000 1 one bedroom apartment/1 three bedroom apartment 103 Coler: 224,000 4 one bedroom apartments 304 Locust: 199,000 4 one bedroom apartments 509 Nevada: 274,000 2 one bedroom apartments/3 studio apartments/1 four bedroom apartment 1008 Busey: 474,000 5 large 2 bedroom apartments/ 2 studio apartments Total units: 40 total apartments Total price: $2,363,000 Total gross rents: $26,904
Elementary School | Middle School | High School |
---|---|---|
Leal Elementary School | Urbana Middle School | Urbana High School |
Price History | |
---|---|
9/21/2020 | Listed $244,000 |
10/19/2020 | 5% - $234,000 |
General Features
Elementary School | Leal Elementary School |
---|---|
Elementary School District | 116 |
Heating | Natural Gas |
High School | Urbana High School |
High School District | 116 |
Middle/Junior High School | Urbana Middle School |
Middle/Junior School District | 116 |
New Construction | No |
Property Type | Residential Income |
Property Type | Two to Four Units |
Sewer | Public Sewer |
Standard Status | Active |
Interior Features
Basement | Full |
---|---|
Basement | Unfinished |
Bedroomspossible | 6 |
Full Baths Building | 2 |
Full Baths Unit 1 | 1 |
Full Baths Unit 2 | 1 |
Total Baths | 2 |
Total Bedrooms | 6 |
Exterior Features
Exterior | Aluminum Siding |
---|---|
Lot Dimensions | 59 BY 117 |
Total Parking | 3 |
Water Source | Public |
Room Details
Room | Dimensions | Level | Flooring | Details |
---|---|---|---|---|
Dining Room | ||||
Family Room | ||||
Living Room | ||||
Master Bedroom |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool