IL > Urbana
Urbana, IL 61801,806 W Ohio Street
Urbana, IL 61801,806 W Ohio Street
Urbana, IL 61801,806 W Ohio Street
Urbana, IL 61801,806 W Ohio Street
Urbana, IL 61801,806 W Ohio Street
Urbana, IL 61801,806 W Ohio Street
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Serene Realty, Inc

Serene Realty, Inc

Serene Realty Inc

+1(312) 650-7940
$ 449,000
Est. payment | /mo

14 Beds

Save
$ 449,000
Est. payment | /mo
Save

14 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11958215

Bedrooms 14

Annual Tax Amount $11,290

Tax Year 2023

Lot Dimensions 52X135

Property Sub-Type Two to Four Units

Property 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 rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. 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.

Location

State IL

County Champaign

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas, Electric

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Private

New Construction false

Schools

Elementary Schools Leal Elementary School

Middle Schools Urbana Middle School

High Schools Urbana High School

School District 116, 116, 116

Others

Ownership Fee Simple

Special Listing Condition None

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Philip Fiscella • Abe Lincoln Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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806 W Ohio Street