202 S Grove ST Active Save Request In-Person Tour Request Virtual Tour
Urbana,IL 61802
Key Details
Property Type Multi-Family
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
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
Area Urbana
Zoning MULTI
Interior
Cooling Window Unit(s)
Building
Dwelling Type Multi Family 5+