Urbana, IL 61801,508 W Elm ST
See all 11 photos
Urbana, IL 61801,508 W Elm ST
Urbana, IL 61801,508 W Elm ST
Urbana, IL 61801,508 W Elm ST
Urbana, IL 61801,508 W Elm ST

$251,100

Est. payment /mo

$279,000

10.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

508 W Elm ST Urbana, IL 61801

SOLD DATE : 09/15/2020

Key Details

Sold Price $251,100

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10737726

Sold Date 09/15/20

Year Built 1900

Annual Tax Amount $7,780

Tax Year 2019

Lot Dimensions 62 BY 146

Property Sub-Type Multi Family 5+

Property Description

Built in 1889, 508 West Elm was designated an Urbana Historic Landmark in 2008. The property underwent extensive renovation in 2009 Including all new kitchen, all new mechanical including central AC, all new plumbing, fire sprinkler system, skylights, and many other updates. This is a 12 bedroom rooming house and has been home for University of Illinois international students since its conversion from a 3 unit into a rooming house. There are four and a half bathrooms and The property comes with all the furnishings. As its guest you will find a grand interior space with tall ceilings and many historical features. You will see why so many students have made themselves a home here and it is one of seven properties known as the round table houses that are available for purchase a s a package. Feel free to google round table house Urbana to see more information. Since 2009 this has been rented at an average of $415 per bedroom per month and tenants have always paid all utilities. Gross monthly income fully rented is $4,980 per month and $59,760 annually.

Location

State IL

County Champaign

Area Urbana

Interior

Fireplace N

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Jonah Weisskopf • Beringer Realty
Bought with Kimberly Krisman-Clark • RE/MAX REALTY ASSOCIATES-CHA
agent

Yuriy Figel

Real Estate Broker

+1(224) 505-8080

GET MORE INFORMATION

Name
Phone*
Message