Urbana, IL 61801,806 W Ohio Street
Urbana, IL 61801,806 W Ohio Street
Urbana, IL 61801,806 W Ohio Street
20
See all 20 photos
$525,000
Est. payment /mo
14 BD
Active

806 W Ohio Street Urbana, IL 61801

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UPDATED:

08/17/2024 08:25 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11958215

Bedrooms 14

Annual Tax Amount $10,579

Tax Year 2022

Lot Dimensions 52X135

Property 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 already rented to a group for the 2024-25 school year (rent goes up to $5,825 in August). 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.

Location

State IL

County Champaign

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas, Electric

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Private

New Construction false

Schools

Elementary Schools Leal Elementary School

Middle Schools Urbana Middle School

High Schools Urbana High School

School District 116, 116, 116

Others

Ownership Fee Simple

Special Listing Condition None


Listed by Philip Fiscella • Abe Lincoln Realty

GET MORE INFORMATION

Joanna Stawarz

Real Estate Broker | License ID: 475184483

+1(773) 510-6834

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806 W Ohio Street