Urbana IL Multi Family for Sale
$299,900
407 W Elm Street Urbana, IL 61801
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 4
- Year built:
- 1903
- Baths:
- 3.00
- MLS#:
- 12193746
View additional info
Courtesy: KELLER WILLIAMS-TREC
217-356-6100
ADDITIONAL INFORMATION
Welcome to 407 W Elm, Urbana, IL - an excellent investment property featuring two fully remodeled units with strong rental income. Unit 1 is a spacious 3-bedroom, 2-bathroom layout, while Unit 2 is a comfortable 1-bedroom, 1-bathroom unit. Both units feature in-unit laundry for tenant convenience. The property also includes an unfinished basement offering shared storage space and a detached two-car garage with a new overhead door that presents additional income potential. With recent upgrades and a prime location, 407 W Elm is a fantastic addition to any rental portfolio.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1966
- Baths:
- 2.00
- MLS#:
- 12187420
View additional info
Courtesy: KELLER WILLIAMS-TREC
217-356-6100
ADDITIONAL INFORMATION
Welcome to this rare find and low maintenance all brick 2 unit duplex! Good investment or owner occupied property. You could own one side and rent the other side out. Near to bus line, shopping, tennis court and school. North unit is vacant now and South unit is rented to a month to month tenant. Recent updates include new roof in 2024. For the North unit, new paintings, stove and bathroom set in 2024, new windows in 2023, new window AC, kitchen ceiling light and ladder in 2022. For the south unit, new storm door in 2024, new stove, bathroom set and dryer in 2023, new windows, thermostat and garbage disposal in 2022.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1902
- Baths:
- 2.00
- MLS#:
- 12178213
View additional info
Courtesy: Realty Select One
217-359-7971
ADDITIONAL INFORMATION
You deserve the best...and this two unit house gives you an excellent property to start or add to your investment portfolio... and ITS ALREADY PROVIDING INCOME. The main level unit give you fully updated two bedroom, one bath home that is currently leased through August 2025. The 2nd level offers another one bedroom home, and if leased through June 2025. The hardwood floors throughout, updated windows and new kitchen make this easy to love and easier to maintain for owner and tenant. The large exterior space and two car garage and basement space give you extra storage or bonus living space. The second level one bedroom one bath unit is the perfect amount of space for a single tenant or young couple to call home. The second unit has a separate exterior entrance and in unit laundry that allows you to forget you are sharing.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1977
- Baths:
- 2.00
- MLS#:
- 12155456
View additional info
Courtesy: RYAN DALLAS REAL ESTATE
217-351-4900
ADDITIONAL INFORMATION
Discover instant income potential in this 2 unit bi-level just east of U of I campus near shopping, restaurants and entertainment. Both units offer spacious living rooms, dining area, kitchen, three bedrooms and 1 bath. One garage slot included with each. Could also be converted back to a single family home. Add this beauty to your portfolio today!
$160,000
1101 N Coler Avenue Urbana, IL 61801
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1964
- Baths:
- 2.00
- MLS#:
- 11982227
View additional info
Courtesy: KELLER WILLIAMS-TREC
217-356-6100
ADDITIONAL INFORMATION
This duplex located in Urbana is your opportunity to become an investor, grow your portfolio or live in one side and rent the other! Each side has two bedrooms and 1 bathroom, living room and kitchen and many updated items! Plus a 2 car garage that can be shared between units or exclusively rented to one side. This duplex is being sold AS IS ONLY. Roof on this one is 2 1/2 years old.
$150,000
1011 N Coler Avenue Urbana, IL 61801
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1964
- Baths:
- 2.00
- MLS#:
- 11982099
View additional info
Courtesy: KELLER WILLIAMS-TREC
217-356-6100
ADDITIONAL INFORMATION
This duplex located in Urbana is your opportunity to become an investor, grow your portfolio or live in one side and rent the other! Each side has two bedrooms and 1 bathroom, living room and kitchen and many updated items! Plus a 2 car garage that can be shared between units or exclusively rented to one side. This duplex is being sold AS IS ONLY. Furnace and roof on this unit are 2 1/2 years old. There is a sump in the crawl and each unit has a furnace in the crawl. Water heater about 10 years old
$525,000
806 W Ohio Street Urbana, IL 61801
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Courtesy: Abe Lincoln Realty
217-840-9978
ADDITIONAL INFORMATION
Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is already rented to a group for the 2024-25 school year (rent goes up to $5,825 in August). 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.
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Urbana Real Estate
The median home value in Urbana, IL is $204,750. This is higher than the county median home value of $177,400. The national median home value is $338,100. The average price of homes sold in Urbana, IL is $204,750. Approximately 29.45% of Urbana homes are owned, compared to 57.77% rented, while 12.79% are vacant. Urbana real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Urbana real estate agent to arrange a tour today!
Urbana, Illinois has a population of 39,189. Urbana is less family-centric than the surrounding county with 22.59% of the households containing married families with children. The county average for households married with children is 30.63%.
The median household income in Urbana, Illinois is $37,701. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Urbana is 25.2 years.
Urbana Weather
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.8 inches per year, with 20.7 inches of snow per year.