Price Reduction
Address
712 W Illinois Street Urbana, IL
Price
$ 459,900
Property Attributes
  • MLS#11094705
  • TypeMulti-Family
  • CountyCHAMPAIGN
  • CityUrbana
  • AreaUrbana
  • Zip61801
  • Style
  • Year Built1915
  • Taxes$ 10509
  • Price$ 459,900
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Green Street Realty
Data Source:
Midwest Real Estate Data LLC
Property Description

This is a great 4 unit building just 1/2 block east of the main University of Illinois Campus. Simple, clean, close! The building has three 3-bedroom units and one 2-bedroom unit all of which are rented for 2021-2022 school year. yes... fully leased with professional management by JSJ at 8%. Building has a brand new roof and four newer furnaces. Tenants pay their own heat. The windows are replaced and there is some kitchen/bathroom and flooring updating. On site coin laundry in basement. Immediate Cash flow and on site parking for four cars. Can be purchased with 710 Illinois which is a small adjacent single family house. Just ask. Owner headed toward retirement and is willing to work with a 1031 exchange. This same owner has other core campus properties available and and work with any investor/buyer to put together a package to meet their 1031 needs.

Elementary School Middle School High School
Leal Elementary School Urbana Middle School Urbana High School
Price History
5/20/2021 Listed $489,900
6/8/2021 7% - $459,900

General Features

Basement Partial
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
Ownership Fee Simple
Parking Features Unassigned
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer
Standard Status Active
Tax Annual Amount 10509.2
Total Rooms 19
Township Cunningham

Interior Features

Basement Unfinished
Bedroomspossible 11
Full Baths Building 6
Full Baths Unit 1 2
Full Baths Unit 2 1
Full Baths Unit 3 2
Full Baths Unit 4 1
Total Baths 6
Total Bedrooms 11

Exterior Features

Exterior Shingle Siding
Lot Dimensions 79.42 X 89.5 X 99.42 X 44.5 X 20 X 45
Lot Size Acres 0.15
Total Parking 4
Water Source Public
Waterfront Y/N No

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
  • 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 $570K
$460K
Taxes
AVG $12,371
$10,509
Visits
AVG 159
20
Year Built
AVG 1937
1915
Walkscore
AVG 70
81
Data Provided by Walkscore ® not using MLS data

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