709 West Nevada Street

Urbana, IL 61801

$495,000
Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Looking to add to your investment portfolio? Look no further than this 5-unit apartment building with solid rental history! Fantastic location near the University of Illinois campus and minutes from the quad. Inside, you'll find 4 - 2 bedroom, 1 bathroom units and 1 - 3 bedroom, 2 bathroom unit. On-site laundry is available in the basement.Looking to add to your investment portfolio? Look no further than this 5-unit apartment building with solid rental history! Fantastic location near the University of Illinois campus and minutes from the quad. Inside, you'll find 4 - 2 bedroom, 1 bathroom units and 1 - 3 bedroom, 2 bathroom unit. On-site laundry is available in the basement.
  1. Listed by Nick Taylor • Taylor Realty Associates

Property Details for 709 West Nevada Street

Area
Urbana
Township
Cunningham
Zoning
MULTI

Location

Listing Courtesy of Taylor Realty Associates
Add your commute
LISTING UPDATED: 04/22/2024 10:33 AM

Property Details for 709 West Nevada Street

StatusContingent
MLS #12024062
Days on Market10
Taxes$16,419 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Condo/Townhouse
Year Built1913
Lot Size0.19 AC / 8,120 SF
CountyChampaign County

Location

Listing Courtesy of Taylor Realty Associates
Add your commute

Building Information for 709 West Nevada Street

Stories-Residences5Year Built1913Building Size-Lot Size0.19 AC / 8,120 SF

Payment Calculator

$4,070 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$1,368

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 709 West Nevada Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 5.0
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Description: Unfinished
  • Grid: 56
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 5
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Condo/Townhouse
  • Lot Dimensions: 58X140
  • Stories: 3
  • Exterior Building Type: Stucco
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-04-12T16:45:57
  • Photos Count: 47
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $540.00
  • Fuel Expense: $.00
  • Gross Income: $63,480.00
  • Gross Scheduled Income: $63,480.00
  • Insurance Expense: $2,700.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Owner Projection
  • Total Annual Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 5290
  • Water Expense Source: Owner Projection
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $900.00
  • Water Sewer Expense: $780.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 709 West Nevada Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 709 West Nevada Street

Taxable ValueLand$25,260Additions$126,430Total$151,690
Tax Record2022$16,419 ($1,368 / month)
Home Facts
Total Finished SqFt1,836 SqFtAbove Grade Finished SqFt1,836 SqFtStories2Lot Size5,974 SqFtStyleMulti-Family Dwelling (2-4)Year Built1913CountyCHAMPAIGNAPN922117158002Fireplace TypeHas Fireplace

Schools near 709 West Nevada Street

This home is within Urbana School District 116.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Leal Elementary School
PublicK to 5

Urbana Middle School
Public6 to 8

Urbana High School
Public9 to 12

Urbana Gerber School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Taylor Realty Associates

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.