Name: 202 S Grove Street IL, Urbana | MLS® 12488685
SKU: 12488685
Price: 275000.0 USD
Availability: InStock

$275,000 Sale

Listed 6 hours ago

202 S Grove Street IL

MLS® 12488685 Multi Family 5+

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Date:

Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$1,043/mo

Property Taxes

$4,552.64/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 202 S Grove Street IL

Property Type

Commercial

Parking

MLS #

12488685

Size

Basement

Listed on

Lot size

Tax

$4,552.64 /yr

Days on Market

Year Built

1913

Maintenance Fee

Description

Expand your rental portfolio with 202 S Grove, a fully leased 5-unit building near downtown Urbana. Each unit is a one-bedroom, one-bath with its own kitchen. Three units were recently remodeled, and the other two have long-term tenants. Tenants pay individually metered electric and gas, while water..., sewer, and heat are covered by a monthly utility credit. The seller has completed more than $60,000 in capital improvements, including a new high-efficiency hot water radiant heat boiler, a new roof, exterior painting, and full remodels of three units. Located on a large corner lot with R-4 zoning, the property delivers immediate income and offers strong potential for future development or continued value-add work.

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Full Property Details

Interior

Washrooms

Heating Source

Hot Water,Radiators

Heating Type

Hot Water,Radiators

Air Conditioning

Window Unit(s)

Washrooms

Heating Source

Hot Water,Radiators

Heating Type

Hot Water,Radiators

Air Conditioning

Window Unit(s)

Exterior

Acreage

0.23

Lot Size

0.23 acres

Lot Dimensions

66X124

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

MULTI

Acreage

0.23

Lot Size

0.23 acres

Lot Dimensions

66X124

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

MULTI

Building Description

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Multi Family 5+

Year Built

1913

New Construction

Foundation

Block,Concrete Perimeter

Construction Materials

Stucco

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Multi Family 5+

Year Built

1913

New Construction

Foundation

Block,Concrete Perimeter

Construction Materials

Stucco

Community

County

Champaign

County

Champaign

Taxes & Fees

Taxes

$4,552.64 /yr

Tax Year

2024

HOA Fee

$0.00 /mo

Taxes

$4,552.64 /yr

Tax Year

2024

HOA Fee

$0.00 /mo

Other

Directions

From S Vine turn East on Elm St.

Directions

From S Vine turn East on Elm St.

Grant Alexander

Email: [email protected] Cell: 708-573-0474