806 W Ohio Street, Urbana, IL 61801

Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
806 W Ohio Street,Urbana, IL 61801
$449,000
  • 14 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:philip fiscella
Office:abe lincoln realty
MLS#:11958215
Source:MLSNI

Price summary

  • Price:$449,000

About this home

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.

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Home facts

  • Listing Id #:11958215
  • Added:583 day(s) ago
  • Updated:August 13, 2025 at 10:47 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Electric, Natural Gas

Schools

  • High school:Urbana High School
  • Middle school:Urbana Middle School
  • Elementary school:Leal Elementary School

Utilities

  • Water:Private
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$449,000
  • Tax amount:$11,290 (2023)
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