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802 W Illinois Street

Urbana, Illinois 61801


John D'Ambrogio
312.334.8389

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$1,300,000


Square Footage
23,478

Property Type
Vacant Land
Neighborhood
Urbana


Well positioned contiguous parcels are being offered at the intersection of West Illinois and South Busey for 1,300,000. The 3 Parcels represent a .54 acre R-4 development site sitting 1 half block from the University of Illinois campus with enough square footage for a planned unit development. The site is bound by South busy street on the East (246' frontage) and West Illinois street to the South (95" of frontage). In 2017 University of Illinois enrollment was 47,826 students and the University employs another 10,845 faculty and staff. Enrollment has grown every year for the last 8 years. West Illinois street is one of the central East West corridors entering into campus. Presently there are 3 income producing residential rental properties located on the site garnering $126,600 gross cash flow annually.



Full Features
Basement: None
Parking Spaces: 0
Water Front: No
Square Feet: 23
Tax Amount: $23,732
Tax Year: 2017


Taxes & Assessments
Taxes: $23,732

Listing Office: Beringer Realty

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Urbana

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School District(s)
Urbana Sd 116
Elementary School
Middle School
High School

School Assignment Data provided by the National Center for Education Statistics
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Nearby Public Transportation

No Nearby Public Transportation Found


 





802 W Illinois Street Urbana, Illinois 61801 is a vacant land property, currently listed at $1,300,000. Want to learn more about 802 W Illinois Street Urbana, Illinois 61801? Contact an @properties agent to request more info.


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