709 Illinois Street, Urbana, Illinois 61801
$207,500
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1900 |
| Property Taxes: | $6,985 |
| Days On Market: | 1828 |
| Lot Size: | 0,00 |
Description
Turn key rental leased through 7/21. Start cash flowing on day 1. 2500 a month tenants pay all utilities. 2 units suited for two groups of 3-4 or one group of 6. Currently one group rents the whole building. Tenants pay all utilities including: water, sewer, recycling, trash, heat, electric, and wifi. The 700 block of West Illinois is a highly visible and rentable location for students. This is one property in an 8 property portfolio for sale including the following property: 302 West Locust: 624,000 12 one bedroom apartments 709 West Illinois: 244,000 2 three bedroom apartments 602 Busey: 164,000 3 one bedroom apartments 703 West High: 159,000 1 one bedroom apartment/1 three bedroom apartment 103 Coler: 224,000 4 one bedroom apartments 304 Locust: 199,000 4 one bedroom apartments 509 Nevada: 274,000 2 one bedroom apartments/3 studio apartments/1 four bedroom apartment 1008 Busey: 474,000 5 large 2 bedroom apartments/ 2 studio apartments Total units: 40 total apartments Total price: $2,363,000 Total gross rents: $26,904
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1900 | |
| Full | |
| — | |
| No | |
| — |
| Champaign | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| 10876669 | |
| 922117155004 |
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: |
|---|---|---|---|
| 10 Mar, 2021 | Sold | $207,500 | MRED MLS |
| 28 Jan, 2021 | Under contract | $234,000 | MRED MLS |
| — | Last price change | $244,000 | MRED MLS |
| 21 Sep, 2020 | Listed for sale | $244,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| 59 BY 117 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $6,985 |
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Listing Provided By
Beringer Realty
