The next addition to your rental property portfolio is 705 W California Ave, Urbana. This multifamily home consists of three units: a recently remodeled first-floor 1 bedroom apartment that rents for $750, another first-floor one-bedroom apartment rented for $625, and the third unit features five bedrooms, with a large kitchen and a common bath. Each of these bedrooms rents individually for $400 per month, and there are currently only two vacant bedrooms. Talk about cash flow with potential gross rents of $3375 monthly or more! Owner pays most utilities and newer leases have tenant billback. Located 1.5 blocks from the University of Illinois, this property is priced to sell in AS-IS condition! Hurry!
Closed
$238,000
705 W California Ave, Urbana, IL 61801
7beds
--sqft
Multi Family
Built in 1893
-- sqft lot
$285,200 Zestimate®
$--/sqft
$1,699 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 09, 2023 at 12:47pm
Listing courtesy of:
Joe Zalabak, ABR 217-721-5855,
KELLER WILLIAMS-TREC
Bought with:
Jonah Weisskopf
Weiner Co., Ltd.
Source: MRED as distributed by MLS GRID,MLS#: 11761583

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas
Features
- Basement: Partial
Property
Parking
- Total spaces: 6
- Parking features: Off Street
Lot
- Size: 6,098 sqft
- Dimensions: 50X120
Details
- Parcel number: 922117156005
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Other
Condition
- New construction: No
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights
Location
- Region: Urbana
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.