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$ 210,000
Est. payment | /mo
10,018 Sqft Lot
$ 210,000
Est. payment | /mo
10,018 Sqft Lot
Key Details
Property Type Commercial
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
Lot Dimensions 66X124
Property Sub-Type Multi Family 5+
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. A new roof was installed in December of 2024! With R-4 zoning, this property offers immediate returns and significant potential for future development or renovation.
Location
State IL
County Champaign
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Foundation Block, Concrete Perimeter
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joe Zalabak • KELLER WILLIAMS-TREC