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: 890
Lot Size: 0,14
Map
Street View

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
1893
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

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

50X120
Not in DB

Tax History

Year Property Taxes
2010 $2,245
2020 $3,506
2023 $8,638

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Contact Agent

Listing Provided By

KELLER WILLIAMS-TREC