This 16-bedroom, 10-bathroom residential multi family at 705 W Elm Street in Urbana, IL is listed for $825,000. on a 0.14 acres lot.
Key Features
0.14 acre lot
3 stories
Property Details
3 stories
10 full
Amenities
A/C
Listing Description
On Campus investment opportunity. 10-unit building with six 2 BD units and four 1 BD units. Gross Monthly income is $9,770. Parking is available to rent to tenants. There is an on-site laundry facility. The efficiencies are fully furnished and include fiber-optic internet. Each unit includes a window air conditioner. Each kitchen has a gas stove. Room to bump rents. Fully leases for 2026/2027 School year. Financials attached.
Monthly Cost Estimate
$4,412/mo
20% down · 6.5% · 30 years
Principal$597
Interest$3,575
Insurance$241
Estimates only. Actual payments may vary.
Location
705 W Elm Street
Urbana, IL 61801
Property Details
Cooling
Window Unit(s)
Questions & Answers
This 16-bedroom, 10-bathroom residential multi family at 705 W Elm Street is listed at $825,000. The estimated monthly payment is $4,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
