$565,000
$604,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/21/2021
Key Details
Sold Price $565,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10876679
Sold Date 04/21/21
Year Built 1960
Annual Tax Amount $7,518
Tax Year 2019
Lot Dimensions 66X123
Property Description
Thus building features 12 well maintained 1bedroom apartments. 4 garden level units feature ceramic floor, new kitchens, and large windows. The 8 first floor and second floor apartments feature refinished hardwood floors, new kitchens, new windows, and coin operated laundry in the basement. Parking lot includes 12 parking spots. Location is two blocks from downtown Urbana. Terrific location. West Urbana portfolio for sale includes the following properties 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
Location
State IL
County Champaign
Interior
Fireplace N
Exterior
View Y/N true
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Kenneth Dooley • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "