508 W Elm Street

Urbana, Illinois 61801

Built in 1889, 508 West Elm was designated an Urbana Historic Landmark in 2008. The property underwent extensive renovation in 2009 Including all new kitchen, all new mechanical including central AC, all new plumbing, fire sprinkler system, skylights, and many other updates. This is a 12 bedroom rooming house and has been home for University of Illinois international students since its conversion from a 3 unit into a rooming house. There are four and a half bathrooms and The property comes with all the furnishings. As its guest you will find a grand interior space with tall ceilings and many historical features. You will see why so many students have made themselves a home here and it is one of seven properties known as the round table houses that are available for purchase a s a package. Feel free to google round table house Urbana to see more information. Since 2009 this has been rented at an average of $415 per bedroom per month and tenants have always paid all utilities. Gross monthly income fully rented is $4,980 per month and $59,760 annually.