40.109303 -88.21744

712 W Illinois Street URBANA, IL 61801

295165103 40.109303 -88.21744 129 /listing/295165103-150011834/712-w-illinois-street-urbana-il-61801 False 0 459900.0 105 11 6 11094705 False
  • $459,900
  • 11 bd
  • 6 ba
  • 0.15 lot
  • Est payment $2468.84/mo

Property & Neighborhood Info

Courtesy Of Green Street Realty

Multifamily in Urbana

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. Coin laundry not included in gross income. Gas/Electric run about $300/month. Insurance via InsureChampaign at $2475/year. 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.

Courtesy Of Green Street Realty
  1. 11 Beds
  2. 6 Baths
  3. 0.15 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1915
  • Garage: 4.0
  • Rooms: 19
  • School District: Leal Elementary School
  • School District2: Urbana Middle School
  • School District3: Urbana High School
  • School District: Elem:116/Midl:116/High:116
  • County: CHAMPAIGN
  • Taxes: $10,509.20
  • Tax Year: 2020
  • Units: 4
  • MLS Number:11094705

Additional Features

  • Multi- Family Type:
    • 4 Flat
  • Number Of Units:
    • 4
  • Type:
    • Two to Four Units
  • Water Source:
    • Public
  • Basement:
    • Partial
    • Unfinished
  • Exterior:
    • Shingle Siding
  • Parking:
    • Yes
  • Parking Spaces:
    • Space/s
    • 4
  • Parking Features:
    • Unassigned
  • Heating:
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Township:
    • CUNNINGHAM
  • Broker Owned:
    • No
  • Gross Income:
    • 58620
  • Legal Description:
    • PART OF LOTS 1 AND 2 IN BLOCK 1 OF SIM'S ADDITION
  • Tax Exemptions:
    • None
  • Special Assessments:
    • N
  • Status Detail:
    • Active
  • Board Code:
    • 22
  • Document Count:
    • 0
  • Insurance Exp:
    • 2475
  • Lot Size Acres:
    • 0.15
  • Manager Expense:
    • 4690
  • New Construction YN:
    • false
  • Parcel Number:
    • 922117108003
  • Parking Total:
    • 4
  • Possession:
    • Tenant's Rights
  • Special Listing Conditions:
    • None
  • Trash Expense:
    • 360
  • Unit 1 Bed Rooms:
    • 3
  • Unit 1 Full Baths:
    • 2
  • Unit 1 Half Baths:
    • 0
  • Unit 1 Rooms:
    • 5
  • Unit 2 Bed Rooms:
    • 2
  • Unit 2 Full Baths:
    • 1
  • Unit 2 Half Baths:
    • 0
  • Unit 2 Rooms:
    • 4
  • Unit 3 Bed Rooms:
    • 3
  • Unit 3 Full Baths:
    • 2
  • Unit 3 Half Baths:
    • 0
  • Unit 3 Rooms:
    • 5
  • Unit 4 Bedrooms:
    • 3
  • Unit 4 Full Baths:
    • 1
  • Unit 4 Half Baths:
    • 0
  • Unit 4 Rooms:
    • 5
  • Waterfront YN:
    • false
  • Lot Size Dim:
    • 79.42 X 89.5 X 99.42 X 44.5 X 20 X 45
  • Lot Size Dim:
    • Less Than .25 Acre
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Sue Strang
Sue Strang
Managing Broker
No Address Provided Bloomington IL 61701
request more info.
40.109303 -88.21744

712 W Illinois Street URBANA, IL 61801

295165103 40.109303 -88.21744 129 /listing/295165103-150011834/712-w-illinois-street-urbana-il-61801 False 0 459900.0 105 11 6 11094705 False
  • $459,900
  • 11 bd
  • 6 ba
  • 0.15 lot
  • Est payment $2468.84/mo