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.
Active
$449,000
806 W Ohio St, Urbana, IL 61801
14beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 11958215

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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