Positioned in the Historical Urbana District sits this charming duplex style bungalow. This cash flowing investment opportunity brings in 19,200/year. Offers charm, income and updates. Downstairs unit offers 2 bedrooms and an updated kitchen. Rents out for 850/month until 7/2025. Kitchen offers maple cabinets and some newer appliances. Original hardwood floors, and newer carpet. Upstairs efficiency unit is 1 bedroom - has been updated as well and collects 675/month rent. It also offers its own laundry hookups. The detached garage also rents for 75/month. Front porch and backyard patio space. Located near restaurants, bus-lines, and convenient access to downtown Urbana and the U of I. Roof was replaced in 2017. Garage and back entrance access from the back alley.
Contingent
$144,900
402 S Cottage Grove Ave, Urbana, IL 61802
3beds
--sqft
Est.:
Multi Family
Built in 1913
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Original hardwood floorsNewer carpetBackyard patio spaceUpdated kitchenFront porchLaundry hookupsMaple cabinets
- 22 days
- on Zillow |
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- 41 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 01:55pm
Listing courtesy of:
Nate Evans 217-493-9297,
eXp Realty,LLC-Mahomet
Source: MRED as distributed by MLS GRID,MLS#: 12330177

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,Unfinished,Full
Property
Parking
- Total spaces: 1.5
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 1.5
Features
- Patio & porch: Porch
Lot
- Size: 6,800 Square Feet
- Dimensions: 50X136
Details
- Parcel number: 922116130007
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Urbana
Financial & listing details
- Tax assessed value: $72,930
- Annual tax amount: $2,586
- Date on market: 4/5/2025
- Ownership: Fee Simple
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