806 West Ohio Street
$525,000
14
3
3,834
3,834
$137
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 already rented to a group for the 2024-25 school year (rent goes up to $5,825 in August). 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...Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is already rented to a group for the 2024-25 school year (rent goes up to $5,825 in August). 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.
- Listed by Philip Fiscella • Abe Lincoln Realty
Property Details for 806 West Ohio Street
Area
Urbana
TownshipCunningham
OwnershipFee Simple
Num Of Parking Spaces10.0
Heat/FuelNatural Gas, Electric
ZoningMULTI
LISTING UPDATED: 08/17/2024 03:25 AM
Property Details for 806 West Ohio Street
Status | Active |
---|---|
MLS # | 11958215 |
Days on Market | 347 |
Taxes | $10,579 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / Converted Residence |
Year Built | - |
Lot Size | 0.16 AC / 7,020 SF |
County | Champaign County |
Building Information for 806 West Ohio Street
Stories-Residences2Year Built-Building Size-Lot Size0.16 AC / 7,020 SF
Property Information for 806 West Ohio Street
Property History for 806 West Ohio Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 806 West Ohio Street
Taxable ValueLand$23,920Additions$82,220Total$106,140
Tax Record2023$11,290 ($941 / month)
Home Facts
Total Finished SqFt1,181 SqFtAbove Grade Finished SqFt1,181 SqFtStories2Lot Size5,252 SqFtStyleMulti-Family Dwelling (2-4)Year Built1914CountyCHAMPAIGNAPN932117302006
Schools near 806 West Ohio Street
This home is within Urbana School District 116.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Leal Elementary School PublicK to 5 | ||
Urbana Middle School Public6 to 8 | ||
Urbana High School Public9 to 12 | ||
Urbana Gerber School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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