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About the Listing 95313 - 952459
Expand your rental portfolio with 202 S Grove, a fully leased 5-unit building near downtown Urbana. Each unit is a one-bedroom, one-bath with its own kitchen. Three units were recently remodeled, and the other two have long-term tenants. Tenants pay individually metered electric and gas, while water, sewer, and heat are covered by a monthly utility credit. The seller has completed more than $60,000 in capital improvements, including a new high-efficiency hot water radiant heat boiler, a new roof, exterior painting, and full remodels of three units. Located on a large corner lot with R-4 zoning, the property delivers immediate income and offers strong potential for future development or continued value-add work.
Listing Highlights for 202 S Grove St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water,Radiators
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 66X124
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $4,553
- Taxes w/Assessments: N/A
- Tax/Property ID: 922117236001
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
202 S Grove St Urbana, IL 61802
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