Urbana, IL 61801,404 E ELM Street
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Urbana, IL 61801,404 E ELM Street
Urbana, IL 61801,404 E ELM Street
Urbana, IL 61801,404 E ELM Street
Urbana, IL 61801,404 E ELM Street

$165,000

Est. payment /mo

$139,900

17.9%
Est.Price: ?

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404 E ELM Street Urbana, IL 61801

5 Beds

4 Baths

SOLD DATE : 04/09/2021

Key Details

Sold Price $165,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11013771

Sold Date 04/09/21

Bedrooms 5

Full Baths 4

Annual Tax Amount $2,664

Tax Year 2019

Lot Dimensions 60 X 127.5

Property Description

Excellent opportunity for an investor or owner to live in one unit and rent out the other. Currently setup as a 4 bedroom 3 full bathroom single family home and detached 1 bedroom 1 full bathroom single family home. Rents are strong and property has been well maintained with recent improvements. The 2 car garage has been converted into a great one bedroom apartment with living room, kitchen & full bath. It's currently generating $670/month. The house is rented for $1875 total with gross rents for the property at $2545. Loads of room to roam in the 4 bedroom home which features a terrific enclosed front porch, eat-in kitchen with a large walk-in pantry & wood floors in the living room, dining room & one bedroom. The basement hosts plenty of storage, bathroom with a shower & large finished area that would make a great recreation room or possibility to add another bedroom A sump pump has been added to the basement! The upper level has a full bath & is currently accessible from the outside. The staircase to the main floor of the house has been opened up to the upstairs level. New owner could de-convert upstairs back to 1 bedroom apartment and make 3 total units. Close to Carle, U of I and bus lines.

Location

State IL

County Champaign

Community Sidewalks

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Patio, Porch

Waterfront false

View Y/N true

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

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

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Listed by Mark Panno • KELLER WILLIAMS-TREC
Bought with Nate Evans • EXP REALTY LLC-MAHO

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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