Urbana, IL 61802,202 S Grove Street
Urbana, IL 61802,202 S Grove Street
Urbana, IL 61802,202 S Grove Street
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$210,000
Est. payment /mo
10,018 Sqft Lot
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UPDATED:

10/07/2024 05:05 PM

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12162084

Year Built 1913

Annual Tax Amount $4,283

Tax Year 2023

Lot Size 10,018 Sqft

Lot Dimensions 66X124

Property Description

Expand your rental portfolio with 202 S Grove, a conveniently located 5-unit building near downtown Urbana. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the other three house long-term tenants. Tenants are responsible for individually metered electric and gas, with water, sewer, and heat covered by a monthly utility credit. Recent upgrades include a new efficient hot water radiant heat boiler. With R-4 zoning, this property offers immediate returns and significant potential for future development or renovation.

Location

State IL

County Champaign

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Building

Foundation Block, Concrete Perimeter


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Listed by Joe Zalabak • KELLER WILLIAMS-TREC

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