803 W Nevada Street, Urbana, IL 61801

803 W Nevada Street, Urbana, IL 61801

0 beds 0 baths 0 Sqft

Overview Neighborhood Amenities Price details

$310,000 Earn $6,200

231 days on Market

$310,000

Credit Back up to $6,200*

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Description:

Active - Other for sale

Located just half a block from the University of Illinois on Lincoln Avenue, this multi-unit property offers an unbeatable location in the Heart of campus. It's within walking distance of key campus destinations, including Cafe Paradiso, the Department of Social Work, the Department of Dance, and the Early Childhood Lab. Just two blocks to Krannert Center for the Performing Arts and three blocks from the Quad, this property is ideal for students and faculty alike. The current lease runs through July, providing steady rental income in this high-demand area. For savvy future focused investors this property poses fantastic short term and long term profits as the high demand forces rental income higher and interest rates lower. Rent rates have consistently been increased year after year for this seller. This is a rare opportunity to invest in a prime location with exceptional potential. Contact us today for more details!

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MLS: #12266179

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Current Use: Multi-Family

Furnished: Unfurnished

Status: Active

Listed Date: 01/08/2025

Days On Market: 231

Lot Size (Acres): 0.2

Lot Size (Square Feet): 8960

See 3 more

Structure:

Year Built: 1910

Utilities:

Utilities: Sewer Connected

WaterSource: Municipal Water

Tax:

Parcel Number: 922117154005

Zoning: Multi

Agent:

Office Name: eXp Realty, LLC-Mahomet

Office Phone: 217-239-7113

Listing Agent Full Name: Nate Evans

List Agent MLS ID: TREC #952431

Score:

-urbana-for-sale-803 w nevada street, urbana, il 61801-MRED12266179

Mortgage All cash

Monthly expenses $3,163

Property Tax $1,179

HOA Fee $0

Homeowners Insurance $83

Due at Close $299,150

List price $310,000

Closing costs $4,650

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $6.2K

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Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).
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Rufus H, Ocala, Fl

My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

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