$152,000
$159,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
602 S Busey AVE Urbana, IL 61801
3 Beds
3 Baths
Key Details
Sold Price $152,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10876677
Sold Date 03/05/21
Bedrooms 3
Year Built 1900
Annual Tax Amount $6,743
Tax Year 2019
Lot Dimensions 79 BY 100
Property Sub-Type Two to Four Units
Property Description
Turn key campus investment property fully rented to 7/21. 2 first floor units feature hardwood floors, large windows, and a vintage feel. Another spacious garden level unit compliments this 3 unit building. These three one bedroom apartments are one block from campus and rent for 650, 675, and 550. Tenants pay their own electric and wifi. Don't miss this opportunity! West Urbana portfolio for sale includes the following properties 302 West Locust: 624,000 12 one bedroom apartments 709 West Illinois: 244,000 2 three bedroom apartments 602 Busey: 164,000 3 one bedroom apartments 703 West High: 159,000 1 one bedroom apartment/1 three bedroom apartment 103 Coler: 224,000 4 one bedroom apartments 304 Locust: 199,000 4 one bedroom apartments 509 Nevada: 274,000 2 one bedroom apartments/3 studio apartments/1 four bedroom apartment 1008 Busey: 474,000 5 large 2 bedroom apartments/ 2 studio apartments Total units: 40 total apartments Total price: $2,363,000 Total gross rents: $26,904
Location
State IL
County Champaign
Area Urbana
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Building
Sewer Public Sewer
Water Public
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
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Bought with Inactive Inactive • Baird & Warner Fox Valley - Geneva