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  • $449,000

    806 W Ohio St, Urbana, IL 61801

    14beds
    --sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.
    472 days
    on Zillow
    |
    502
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 06, 2025 at 10:07pm

    Listing courtesy of:

    Philip Fiscella 217-840-9978,

    Abe Lincoln Realty

    Source: MRED as distributed by MLS GRID,MLS#: 11958215MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 806 W Ohio St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Electric
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 10
    • Parking features: On Site, Owned
    Lot
    • Size: 7,020 Square Feet
    • Dimensions: 52X135
    Details
    • Parcel number: 932117302006
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Abestos
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private

    Community & HOA

    Location
    • Region: Urbana

    Financial & listing details

    • Tax assessed value: $318,420
    • Annual tax amount: $11,290
    • Date on market: 1/9/2024
    • Ownership: Fee Simple
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