This Multifamily Property is no longer advertised on LoopNet.com.

707 W Elm St
Urbana, IL 61801
Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,047 SF
No. Stories 2
Year Built 1976

About 707 W ELM ST , URBANA, IL 61801

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this five (5) unit campus multifamily property. The building contains 5 furnished apartments: a unique two-story townhouse apartment with 4 bedrooms and 2 full bathrooms (1,300 SF); two 3-bedroom apartments with cathedral ceilings (800 SF); and two 2-bedroom apartments (650 SF). All apartments include a gas fireplace, refrigerator, stove, dishwasher, microwave, balcony or patio, access to an on-site laundry (additional charge) and assigned off-street parking (additional charge). Rent includes fiber optics Internet and all commons fees. Separately metered electricity and water are billed to the residents. The building has a newer roof, has many recent upgrades/updates, and has had a great rental history. For additional financial information, please contact AJ Thoma III, CCIM. LOCATION DESCRIPTION This multifamily property is conveniently located roughly 1.5 blocks east of Lincoln Ave and 1 block north of Green St. This convenient location is within easy walking distance to the University of Illinois Urbana-Champaign campus and Downtown Urbana.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 650 - 800
3+1 3 - 800

Property Taxes

Property Taxes

Parcel Number
92-21-17-106-004
Land Assessment
$46,720
Improvements Assessment
$112,950
Total Assessment
$159,670
  • Listing ID: 15899570

  • Date on Market: 4/29/2019

  • Last Updated:

  • Address: 707 W Elm St, Urbana, IL 61801

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