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Listed by Nick Taylorof Taylor Realty Associates
$ 599,000
Est. payment /mo
Price Dropped by $16K
709 W Nevada Street Urbana, IL 61801
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12523056
Year Built 1913
Annual Tax Amount $19,316
Tax Year 2025
Lot Size 7,840 Sqft
Lot Dimensions 58x140
Property Sub-Type Multi Family 5+
Property Description
Discover an exceptional investment opportunity with this well-maintained 5-unit property in a prime Champaign location just minutes from the University of Illinois campus. The building features four spacious 2-bedroom, 1-bath units plus a larger 3-bedroom, 2-bath unit, offering strong rental appeal for students and professionals alike. Residents enjoy the convenience of on-site laundry located in the basement, as well as dedicated on-site parking-an increasingly rare amenity near campus. With its desirable location, reliable rental demand, and practical updates, this property is an ideal addition to any investor's portfolio.
Location
State IL
County Champaign
Zoning MULTI
Rooms
Basement Storage Space
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Foundation Brick/Mortar
Structure Type Vinyl Siding,Stucco
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