806 Ohio Street, Urbana, Illinois 61801
$449,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 14 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $11,290 |
| Days On Market: | 665 |
| Lot Size: | 0,00 |
Description
Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2025-26 school year for 6,100 per month - a 6.1 GRM. Plus another $325 billed back to tenants to cover sewer, trash, and internet. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.
Property Specifics
| Multi-unit | |
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| No | |
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| Champaign | |
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| 11958215 | |
| 932117302006 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Leal Elementary School |
116 | — | |
|
Middle School
Urbana Middle School |
116 | Not in DB | |
|
High School
Urbana High School |
116 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 Jan, 2024 | Listed for sale | $525,000 | MRED MLS |
Room Specifics
All Bedroom Info:
Total Bedrooms: 14
Bedrooms Above Ground: 14
Bedrooms Below Ground: 0
Total Bedrooms: 14
Bedrooms Above Ground: 14
Bedrooms Below Ground: 0
Second Bedroom Info:
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Floor Type: —
Third Bedroom Info:
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Fourth Bedroom Info:
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Fifth Bedroom Info:
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Sixth Bedroom Info:
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Seventh Bedroom Info:
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Eighth Bedroom Info:
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Ninth Bedroom Info:
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Tenth Bedroom Info:
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Bedroom Info:
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Bedroom Info:
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Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —Rooms: —
Basement Description: —
Other Specifics
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| 52X135 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $11,290 |
Contact Agent
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Contact Agent
Listing Provided By
Abe Lincoln Realty
