USAILUrbana505-503-505 E Elm St
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505-503-505 E Elm St, Urbana, IL

Real Estate

Sold

Listed price in listed location currency (USD).
$250,000
$395,000

735

MLS® 11911199

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $4,742
Lot Size 
Approx. Age 
MLS® Number 11911199

Property Address: 505-503-505 E Elm St, Urbana, IL, 61802-3442

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

Description

Two contiguous homes both with R-5 Zoning allowing Medium Density Multi-Family. Approximately 17, 250 square feet of zoning allowing building heights up to 35 feet as per the City of Urbana. Combined the units rent for $25, 320 per year currently and are locally third party managed. Earn rent until you are ready to build! Consult local zoning and perform due diligence before making an offer. Listing agent believes that the units are currently under-rented and thus there exists potential for value add.
MLS® Number11911199
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull
Driveway
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Dec 1, 2023End Date
$250,000Sold Price

Sold

Oct 17, 2023List Date
$395,000List Price
  • Commute

Commute

Starting Address
Destination Address
503-505 E Elm St, Urbana, IL

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