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$284,000
4
beds
3
baths

407 W Elm Street
Urbana, Illinois 61801

Closed / MLS #12193746 / Multiple Unit (2-4) / Urbana
Listing information updated 11/27/2024 at 4:03pm
Welcome to 407 W Elm, Urbana, IL - an excellent investment property featuring two fully remodeled units with strong rental income. Unit 1 is a spacious 3-bedroom, 2-bathroom layout, while Unit 2 is a comfortable 1-bedroom, 1-bathroom unit. Both units feature in-unit laundry for tenant convenience. The property also includes an unfinished basement offering shared storage space and a detached two-car garage with a new overhead door that presents additional income potential. With recent upgrades and a prime location, 407 W Elm is a fantastic addition to any rental portfolio.
Exterior Type:
Other
Basement:
Unfinished
Beds Above Grade:
4
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Parking Type:
Space/s
Room Count:
13
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.15
Tax Amount:
$6,368
Tax Year:
2023
Zip Code:
61801
City:
Urbana
County:
Champaign
School District(s):
116
Elementary School:
Leal Elementary School
Middle School:
Urbana Middle School
High School:
Urbana High School

Listing Office: KELLER WILLIAMS-TREC

Listing Office Phone: 217.356.6100

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/27/2024 at 4:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$218,206
Average Sale Price
55
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 407 W Elm Street, Urbana, IL 61801

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407 W Elm Street is a multiple unit (2-4) which sold for $284,000. 407 W Elm Street features 4 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since November 4th, 2024 and was built in 1903. Nearby schools include Leal Elementary School, Urbana Middle School, and Urbana High School.

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