806 W Ohio Street, Urbana, IL 61801
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806 W Ohio Street,Urbana, IL 61801
$449,000
- 14 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:philip fiscella
Office:abe lincoln realty
MLS#:11958215
Source:MLSNI
Price summary
- Price:$449,000
About this home
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 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.
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Home facts
- Listing ID #:11958215
- Added:625 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Electric, Natural Gas
Schools
- High school:Urbana High School
- Middle school:Urbana Middle School
- Elementary school:Leal Elementary School
Utilities
- Water:Private
- Sewer:Public Sewer
Finances and disclosures
- Price:$449,000
- Tax amount:$11,290 (2023)
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