Address
709 W Illinois Street Urbana, IL
Price
$ 234,000
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

Property vs Zip Code Average in 61801

Price
AVG $650K
$230K
Taxes
AVG $12,043
$6,985
Visits
AVG 109
32
Year Built
AVG 1932
1900
Walkscore
AVG 72
78
Data Provided by Walkscore ® not using MLS data

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