709 W Illinois ST Urbana, IL 61801

Turn key rental leased through 7/21. Start cash flowing on day 1. 2500 a month tenants pay all utilities. 2 units suited for two groups of 3-4 or one group of 6. Currently one group rents the whole building. Tenants pay all utilities including: water, sewer, recycling, trash, heat, electric, and wifi. The 700 block of West Illinois is a highly visible and rentable location for students. This is one property in an 8 property portfolio for sale including the following property: 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