Eco Friendly
Address
712 W Illinois Street Urbana, IL
Price
$ 604,900
Property Attributes
  • MLS#11094477
  • TypeMulti-Family
  • CountyCHAMPAIGN
  • CityUrbana
  • AreaUrbana
  • Zip61801
  • Style
  • Year Built1910
  • Taxes$ 13737
  • Price$ 604,900
  • Bedrooms9
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
Listing Provided Courtesy Of:
Green Street Realty
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Outstanding opportunity just one block from University of Illinois in Core Campus rental district. Property includes four apartments and a stand alone rental house in good condition with parking. The House has the address of 710 Illinois. The main building includes three 3-bedroom apartments and one 2-bedroom apartment. The adjoining house has four bedrooms, two bathrooms. All units rented for 2021-2022. All units compliant with City of Urbana regulations. This property is clean with many owner upgrades including bathrooms, kitchens and windows. Professionally managed by JSJ THIS PROPERTY COULD POTENTIALLY BE SOLD WITH OTHER CONTIGUOS PROPERTIES ALSO OWNED BY THE SELLER TO CREATE A PUD UNDER URBANA ZONING RULES. ASK TONY FOR THE DETAILS.

Price History
5/20/2021 Listed $619,900
6/8/2021 3% - $604,900

General Features

Additional Parcels Y/N Yes
City Urbana
Construction Materials Wood Frame
Cooling Window Unit(s)
County Champaign
Days on Market 29
Directions Just off Lincoln Avenue and Illinois St
Electric 0-100 Amps
Electric Expense 1500
Grossincome 77000
Insurance Expense 2376
MLS Area Urbana
Net Operating Income 69300
Operatingexpense 17600
Possession Closing
Property Type Commercial Sale
Property Type Multi Family 5+
Standard Status Active
Status Active
Stories 2
Street Name Illinois
Tax Annual Amount 13737
Tax Year 2020
Tenant Pays Heat
Total Units 5
Township Cunningham
Trash Expense 480
Utilities Sanitary Sewer, Water-Municipal
Water Sewer Expense 500
Year Built 1910

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 5000
Lot Dimensions 89.5 X 115.42
Lot Size Square Feet 10330
Total Parking 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 61801

Price
AVG $470K
$600K
Taxes
AVG $11,327
$13,737
Visits
AVG 200
43
Year Built
AVG 1925
1910
Walkscore
AVG 68
81
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.