806 W Ohio Street, Urbana, IL 61801
- 14 beds |
- 3 baths
Multi-Family Home
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 1 year ago
Property Description
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 2025-26 school year for 6,100 per month - a 6.1 GRM. Plus another $325 billed back to tenants to cover sewer, trash, and internet. 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.
- Listing Status:
- Active
- Listing Office:
- Abe Lincoln Realty : 217-840-9978
- Listing Agent:
- Philip Fiscella : 217-840-9978
- MLS ID:
- 11958215

- Parking: On SiteOwnedParking spaces: 10
- Originating MLS: mred
- School District: 116
- County: Champaign
- Zoning: MULTI932117302006
- Water: Private
- Sewer: Public Sewer
- Source: mred
- Ownership: Fee Simple
This listing courtesy of Philip Fiscella, Abe Lincoln Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Leal Elementary School
312 W Oregon St, Urbana, IL, 61801
Grades KG-5
0.49 miles away
Urbana Middle School
1201 S Vine St, Urbana, IL, 61801
Grades 6-8
0.66 miles away
Urbana High School
1002 S Race St, Urbana, IL, 61801
Grades 9-12
0.54 miles away
