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302 S Busey Avenue

Urbana, IL 61801
  • $1,850,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • MLS #: 12201891
Under Contract
UPDATED: 14 min ago
$1,850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

Very desirable U of I Campus Location with great value add opportunity! This 10 unit, 3 story apartment building includes 8-4 Bedroom and 2-5 Bedroom Apartments. All units includes a full appliance package featuring a Stove, Refrigerator, Dishwasher, Microwave, Garbage Disposal, and Washer and Dryer. The property offers a 2nd Floor Sun Deck with bike storage. Parking is provided by virtue of open and carport parking, with a large sundeck established over the roof of the carport. Ten spaces are provided, seven of which lie in a carport fashion. Fiber Internet ran throughout the building with ethernet hook ups in living rooms and all bedrooms. Across from the MTD Green Line and a short walk to Campus!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-11T16:09:08.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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302 S Busey Avenue Urbana, IL 61801

  • Price: $1,850,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 14 min ago
  • MLS #: 12201891
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1977
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
Property Description
Very desirable U of I Campus Location with great value add opportunity! This 10 unit, 3 story apartment building includes 8-4 Bedroom and 2-5 Bedroom Apartments. All units includes a full appliance package featuring a Stove, Refrigerator, Dishwasher, Microwave, Garbage Disposal, and Washer and Dryer. The property offers a 2nd Floor Sun Deck with bike storage. Parking is provided by virtue of open and carport parking, with a large sundeck established over the roof of the carport. Ten spaces are provided, seven of which lie in a carport fashion. Fiber Internet ran throughout the building with ethernet hook ups in living rooms and all bedrooms. Across from the MTD Green Line and a short walk to Campus!
Exterior Features

Frontage Type City Street Land Amenities Curbs and GuttersLighting/ExteriorSidewalksCable Ready Outdoor Parking CoveredOther

Interior Features

Cooling Central AirCentral Individual Heat Ventilation Central Heat/Indiv ControlsForced Air Number Of Dishwashers 10 Number Of Dryers 10 Number Of Ranges 10 Number Of Washers 10

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 14518 Built Before1978 YN Yes Contingency Financing Continue To Show No - has seller written direction Current Use Multi-Family Gross Income 216533 Gross Scheduled Income 269407 Insurance Expense 0 Location Public Transport Avail Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 127456 Operating Expense 141949 Ownership Types Limited Liability Corp Possible Use Multi-Family Tax Annual Amount 57758 Tax Year 2023 Tenant Pays Varies by Tenant Total Monthly Income 22451 Township Cunningham Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Green Street Realty: .


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-11T16:09:08.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Ryan Dallas Real Estate
4112C Fieldstone Road
Champaign IL, 61822