Link Copied
Listed price in listed location currency (USD).
$370,000
$410,000

845

MLS® 12358713

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $5,125
Lot Size 
Approx. Age 1965
MLS® Number 12358713

Property Address: 305 N Elizabeth St, Tolono, IL, 61880-9497

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity: Fully Leased Four-Unit Apartment Building in Tolono, IL We are pleased to present this well-maintained, brick exterior apartment building in Tolono, IL, just south of the vibrant Champaign-Urbana area. This property, which boasts a long history of full occupancy, offers four spacious 2-bedroom, 1-bathroom units, each approximately 782 SF. The units feature large kitchens and inviting living areas, making them highly desirable for tenants. Included with the property is a five-car garage along with a shared laundry facility that generates supplementary revenue. The building has been locally owned and carefully managed, with a new roof installed just 10 years ago. Property has well maintained landscaping. Tolono's strong rental market presents an excellent opportunity for future rent growth, making this a prime addition to any investment portfolio. Don't miss out on this well-established, income-generating property with long-term potential. Additional photos coming soon. Tours require 24-hour tenant notice.
MLS® Number12358713
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1965
BasementNone
DrivewayOn Site, Garage Owned, Attached, Garage
Garage Spaces5
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

May 20, 2025End Date
$370,000Sold Price

Sold

May 7, 2025List Date
$410,000List Price
  • Commute

Commute

Starting Address
Destination Address
305 N Elizabeth St, Tolono, IL

Curious about your home's value?

Comparable Properties