Urbana, IL 61801,700 Illinois Street
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Urbana, IL 61801,700 Illinois Street
Urbana, IL 61801,700 Illinois Street

$167,000

Est. payment /mo

$169,000

1.2%
Est.Price: ?

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700 Illinois Street Urbana, IL 61801

SOLD DATE : 04/15/2021

Key Details

Sold Price $167,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10784623

Sold Date 04/15/21

Year Built 1930

Annual Tax Amount $5,570

Tax Year 2019

Lot Dimensions 58X95X58X90

Property Description

This 4 bedroom 2 bath rooming house is just 2 blocks from the University campus. This is fully rented and has an EXCELLENT rental history. It currently fetches $1500 per month or $18,000 per year. The tenants also pay the utilities in addition to their rent. Recent improvements in the last couple of years include New siding, gutters, new chimney,new furnace, new A/C. They just installed a new roof this month. Over 40K was recently spent on these upgrades alone.

Location

State IL

County Champaign

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

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Listed by Michael Cross • RE/MAX REALTY ASSOCIATES-CHA
Bought with Sherry Qiang • KELLER WILLIAMS-TREC

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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