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    1008 S Busey Avenue

    Urbana, IL 61801
    • $464,000
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: 10955173
    $464,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Large Chicago style building one block from West Urbana. 4 large 2bedroom apartments with double doors, hardwood floors, and tons of vintage appeal. One block from campus. 2 more studio units and a 2bedroom unit are garden level. In total this 7 unit building is a rare find on the market. Building passed Urbana city inspection in 2019. West Urbana portfolio for sale includes the following properties 302 West Locust: 624,000 12 one bedroom apartments 709 West Illinois: 244,000 2 three bedroom apartments 602 Busey: 164,000 3 one bedroom apartments 703 West High: 159,000 1 one bedroom apartment/1 three bedroom apartment 103 Coler: 224,000 4 one bedroom apartments 304 Locust: 199,000 4 one bedroom apartments 509 Nevada: 274,000 2 one bedroom apartments/3 studio apartments/1 four bedroom apartment 1008 Busey: 474,000 5 large 2 bedroom apartments/ 2 studio apartments Total units: 40 total apartments Total price: $2,363,000 Total gross rents: $26,904

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-26T18:52:44.593 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1008 S Busey Avenue Urbana, IL 61801

    • Price: $464,000
    • Status: Active
    • MLS #: 10955173
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1900
    Built
    Neighborhood:
    Urbana
    County:
    Champaign
    Area:
    Urbana
    Property Description
    Large Chicago style building one block from West Urbana. 4 large 2bedroom apartments with double doors, hardwood floors, and tons of vintage appeal. One block from campus. 2 more studio units and a 2bedroom unit are garden level. In total this 7 unit building is a rare find on the market. Building passed Urbana city inspection in 2019. West Urbana portfolio for sale includes the following properties 302 West Locust: 624,000 12 one bedroom apartments 709 West Illinois: 244,000 2 three bedroom apartments 602 Busey: 164,000 3 one bedroom apartments 703 West High: 159,000 1 one bedroom apartment/1 three bedroom apartment 103 Coler: 224,000 4 one bedroom apartments 304 Locust: 199,000 4 one bedroom apartments 509 Nevada: 274,000 2 one bedroom apartments/3 studio apartments/1 four bedroom apartment 1008 Busey: 474,000 5 large 2 bedroom apartments/ 2 studio apartments Total units: 40 total apartments Total price: $2,363,000 Total gross rents: $26,904
    Exterior Features

    Parking Total 4

    Interior Features

    Heat Ventilation Gas Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 2 Number Of Rooms Unit2 1 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 5 Number Of Units Apt Type2 2 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Electric Expense 50 Fuel Expense 350 Gross Income 5144 Gross Scheduled Income 61728 Insurance Expense 215 Janitor Expense 0 Lot Size Dimensions 54X110 Maintenance Expense 0 Monthly Income Max1 925 Monthly Income Max2 450 Operating Expense 0 Other Expense 0 Tax Annual Amount 11338 Tax Year 2019 Tenant Pays Air ConditioningElectricity Total Monthly Income 5144 Trash Expense 45 Type Multi Family Other Unincorporated YN No Water Sewer Expense 85

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Beringer Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-26T18:52:44.593 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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