111 W Park St

Urbana, IL 61801
  • $1,150,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing 95185 - 950244,950244

111-121 W Park St is a multifamily investment opportunity that offers 21 units within 2 buildings. The breakdown includes (11) 2 bedroom units (1) 1 bedroom unit and (9) studios. The property is currently fully leased for the 2024-25 lease term and only has one vacant studio apartment for the upcoming 2025-26 lease term. This property boasts a strong rental history and has been meticulously managed long-term. The strong rental history combined with value add opportunity make this a great property to add to an investor's portfolio. This property also boasts a prime location being across the street from Crystal Lake Park that has had major improvements in recent years, a growing retail hub just to the east at Five-Points and surrounding areas, and great proximity to Carle Foundation Hospital and the University of Illinois Campus.

Listing Highlights for 111 W Park St

Status Pending
Days on Site 97
Property Type Multi-Family
MLS ® 12373675
Year Built 1972
Total Square Footage 0
Lot/Acreage 0.43
County Champaign

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Electric,Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 88.8 X 100 X 115
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $32,062
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 912108403006
  • Tax Year: 2024

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Questions About..

111 W Park St Urbana, IL 61801

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Originating MLS: mred

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