ClosedPrice Reduced

$250,000

$254,000
201 Lincoln Avenue, Urbana, IL 61801
6 Beds3 Baths174 days
201 Lincoln Avenue·Urbana, IL 61801
6Bedrooms
3Bathrooms
1900Year Built
About This Home

Blocks from the engineering campus this student rental property features oversized units and a great location. It has three 2bedroom 1bathroom apartments and an additional 2 car garage that is rented separately. The units rent for $895,$835,$830 respectively. The garage rents for an additional $70 per month. $2630 gross per month. Landlord pays for Call Gas/electric, water, sewer, trash and recycling. Tenants pay for their own internet. Step into cash flow. This is a turnkey investment property in a coveted location.

MLS# 11886048Listed October 3, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms9

Size & Structure

Year Built1900
Lot Size3300

Location

CountyChampaign
TownshipUrbana
Zip Code61801

Financial

List Price$250,000
Original Price$254,000
Annual Taxes (2022)$7,510
Monthly Tax Est.$626
Parcel #912107486012
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Aluminum Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteOwned
Schools
Elementary
Leal Elementary School
District: 116
Middle School
Urbana Middle School
District: 116
High School
Urbana High School
District: 116
Tax & Financial
Annual Taxes
$7,510
Tax Year 2022
Monthly Tax Est.
$626
per month
Price Reduced by $4,000
Original list price: $254,000
Property Location

201 Lincoln Avenue, Urbana, IL 61801 — Champaign County

$250,000
201 Lincoln Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
174 days on market
3300
$7,510/yr taxes
Price reduced $4,000
$1,940
estimated monthly payment
Principal & Interest
$1,314/mo
Property Tax
$626/mo
$250,000
20% — $50,000
3%50%
6.875%
3%12%
Loan Amount
$200,000
Down Payment
$50,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Weiner Co., Ltd.
Agent: Jonah Weisskopf
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