705 California Avenue, Urbana, Illinois 61801
$238,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1893 |
| Property Taxes: | $8,638 |
| Days On Market: | 941 |
| Lot Size: | 0,14 |
Description
The next addition to your rental property portfolio is 705 W California Ave, Urbana. This multifamily home consists of three units: a recently remodeled first-floor 1 bedroom apartment that rents for $750, another first-floor one-bedroom apartment rented for $625, and the third unit features five bedrooms, with a large kitchen and a common bath. Each of these bedrooms rents individually for $400 per month, and there are currently only two vacant bedrooms. Talk about cash flow with potential gross rents of $3375 monthly or more! Owner pays most utilities and newer leases have tenant billback. Located 1.5 blocks from the University of Illinois, this property is priced to sell in AS-IS condition! Hurry!
Property Specifics
| Multi-unit | |
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| — | |
| 1893 | |
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| — | |
| No | |
| 0.14 |
| Champaign | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11761583 | |
| 922117156005 |
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: |
|---|---|---|---|
| 28 Sep, 2010 | Sold | $99,000 | MRED MLS |
| 2 Jul, 2010 | Under contract | $107,900 | MRED MLS |
| 20 Oct, 2009 | Listed for sale | $0 | MRED MLS |
| 9 Oct, 2020 | Sold | $80,750 | MRED MLS |
| 19 Aug, 2020 | Under contract | $84,900 | MRED MLS |
| 3 Feb, 2020 | Listed for sale | $84,900 | MRED MLS |
| 9 Jun, 2023 | Sold | $238,000 | MRED MLS |
| 3 May, 2023 | Under contract | $190,000 | MRED MLS |
| 17 Apr, 2023 | Listed for sale | $190,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 50X120 | |
| — | |
| — | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2010 | $2,245 |
| 2020 | $3,506 |
| 2023 | $8,638 |
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Listing Provided By
KELLER WILLIAMS-TREC


