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Image 1 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 2 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 3 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 4 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 5 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 6 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 7 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 8 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Image 9 - 806 W Ohio St, Urbana, Illinois, 61801 - House for sale
Home For Sale In Urbana, Illinois
806 W Ohio St, Urbana, Illinois, 61801

Home For Sale In Urbana, Illinois

house for sale
18 views
Listed: 02/11/24

806 W Ohio St, Urbana, Illinois, 61801

14 Bed:
3 Bath:
3,834 Sq Ft Living Area:
Save
Price
$ 525,000

About This House

Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is already rented to a group for the2024-25school year (rent goes up to$5, 825in August). This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.

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West Urbana Housing & Living

Household Income

Median household income: $34,273
Number of households: 15,986
The average household income in Urbana, IL grew from $33,081 to $34,273 in the past year. This data is an estimate based upon 15,986 households in Urbana, IL.
The chart below presents how household income is distributed in Urbana, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Urbana, IL compared to median property taxes around the country. The prevalent amount of property taxes in Urbana, IL equals $3k+ , which is more than the national average.