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.

Map of 707 Elm, Urbana,

Location Map Street View
Photo of Denise Amraen, ePRO
Direct: 708-237-7778
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Coldwell Banker R.E. Group, Stefanie Pratt
Sold by Green Street Realty, Shannon Collins
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6.75%
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Midwest Real Estate Data

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