Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.
School Information for 806 W Ohio Street, Urbana, IL 61801
Elementary School
Leal Elementary School
Middle School
Urbana Middle School
High School
Urbana High School
Listing Courtesy: Abe Lincoln Realty - 217-840-9978
Based on information submitted to the MLS GRID as of 2025-09-03 20:56:04. 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.
Last Updated: 2025-09-03 20:56:04
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