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$890,500
Est. payment /mo
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Key Details
Property Type Multi 5 Units, Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12354742
Year Built 1970
Annual Tax Amount $4,370
Tax Year 2023
Lot Dimensions 100X12
Property Sub-Type Multi Family 5+
Property Description
This 12-unit building is ideally located near the intersection of Silver Street and Fletcher Avenue in Urbana, Illinois, consisting of 1-bedroom, 1-bath apartments (approx. 525 sq. ft.). Tenants enjoy convenient access to downtown Urbana, the University of Illinois campus, and nearby transit. The buildings are professionally managed and offer consistent occupancy and stable cash flow, with strong market rent potential and continued upside with light cosmetic upgrades.
Location
State IL
County Champaign
Area Urbana
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
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Listed by Nate Evans • eXp Realty,LLC-Mahomet