Urbana, IL 61801 806 W Ohio Street
$449,000
15 more
Presented By: Abe Lincoln Realty
Beds • 14
Baths • 3
SQFT • 3,834
Home Details
Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.
Presented By: Abe Lincoln Realty
Interior Features for 806 W Ohio Street
Bedrooms
Bedrooms Possible14
Total Bedrooms14
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementFinished, Full
Total Number of Units2
General for 806 W Ohio Street
CityUrbana
Construction MaterialsAsbestos
CountyChampaign
DirectionsFrom Lincoln Ave, go East on Ohio, house on your lefthand side.
Elementary SchoolLeal Elementary School
Elementary School District116
Gross Income5825
HeatingNatural Gas, Electric
High SchoolUrbana High School
High School District116
Insurance Expense1286
MLS AreaUrbana
Middle/Junior High SchoolUrbana Middle School
Middle/Junior School District116
ModificationTimestamp2025-01-07T06:07:02.279Z
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11290.12
Tax Year2023
Total Rooms18
TownshipCunningham
ZoningMULTI
Exterior for 806 W Ohio Street
Lot Dimensions52X135
Parking FeaturesOn Site, Owned
Total Parking10
Water SourcePrivate
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Urbana High School
Middle School
Urbana Middle School
Elementary School
Leal Elementary School
