Property for Sale: 707 W Elm, Urbana, 61801 SOLD
$485,000
$485,000
707 W Elm,
Urbana, 61801 SOLD
$485,000
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Selling Price: $485,000
Original List Price: $575,000
Sold at 84.3% of list price
Sold Date: 03/11/2020
Type Commercial
Year Built 1967
City Urbana
County Champaign
MLS 10359270
Great opportunity to own a 5 unit campus multifamily property in the enterprise zone. This building features 5 furnished apartments to include:a unique 2 story townhouse apartment with 4 bedrooms & 2 baths (1300 sq ft): 2 Three bedroom apartments with cathedral ceilings (800 sq ft): 2 Two bedroom apartments (650 sq ft). All apartments include a gas fireplace, refrigerator, stove, dishwasher, microwave, balcony or patio, access to on-site laundry (additional charge to renters), and assigned off-street parking (additional charge). Rent includes fiber optics internet and all commons fees. Separately metered electricity and water are billed to residents. Newer roof, many recent updates throughout and maintains a great rental history. Currently rented for 2019-2020 school year! Conveniently located approx 1.5 blocks E of Lincoln and 1 blk N of Green. Easy distance to U of I and downtown Urbana.
Lot & Building Features
Tax Year 2018
Lot Dimensions 121.5 X 55.75 ft
Price History of 707 Elm, Urbana,
Date | Name | Price | Difference |
---|---|---|---|
10/15/2019 | Price Adjustment | $485,000 | 12.61% |
08/22/2019 | Price Adjustment | $555,000 | 3.48% |
12/31/1969 | Listing Price | $575,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Direct: 708-237-7778
Office
Listed by Coldwell Banker R.E. Group, Stefanie Pratt
Sold by Green Street Realty, Shannon Collins
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Coldwell Banker R.E. Group |