$122,000
$150,000
18.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
SOLD DATE : 05/12/2025
Key Details
Sold Price $122,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12340925
Sold Date 05/12/25
Style Bungalow
Bedrooms 3
Annual Tax Amount $4,520
Tax Year 2023
Lot Dimensions 112.25X77.5X112.25X77.5
Property Sub-Type Two to Four Units
Property Description
RENOVATION SPECIAL. The main house has been vacant for several years and needs significant repair and renovation and is uninhabitable at this time. The detached one bedroom apartment above the garage is fully furnished and operational. Last tenant's lease ended 31 March 2025 with rent 1450 including utilities. The house is on a corner lot and Zoned R2 with approval for conditional use to have a second principal structure. Live in the apartment while you renovate the house, then lease the apartment for income. The apartment has a separate HVAC system with separate meters and was constructed Sep 2001. It passed the periodic City inspection 2023. The house has frozen pipes and probably HWH and sump pump. Furnace has been off for about five years and is presumed operable. Lower room ceiling behind the kitchen needs significant repair. Good foundation, no roof leaks. Both units have central air. Property to be sold as-is.
Location
State IL
County Champaign
Community Park, Tennis Court(S), Curbs, Sidewalks, Street Lights, Street Paved
Zoning OTHER
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 1.0
View Y/N true
Roof Type Asphalt
Building
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Cedar
New Construction false
Schools
Elementary Schools Urbana 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
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Cross • RE/MAX REALTY ASSOCIATES-CHA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States