908 South Lincoln Avenue

Urbana, IL 61801

$375,000
Price
90
Beds
30
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Outstanding Location for this 10 bedroom, 3 bath rooming house for sale! The main floor has been updated with fresh paint and renovated kitchen. Literally across the street from campus! Perfect for a small fraternity, sorority, or student group looking to find a home. This building is located in a federal designated opportunity zone. The property is rented through August 2024 at $2,500 per month. The mechanicals were new in 2022 and the house is in great shape. View it today!Outstanding Location for this 10 bedroom, 3 bath rooming house for sale! The main floor has been updated with fresh paint and renovated kitchen. Literally across the street from campus! Perfect for a small fraternity, sorority, or student group looking to find a home. This building is located in a federal designated opportunity zone. The property is rented through August 2024 at $2,500 per month. The mechanicals were new in 2022 and the house is in great shape. View it today!
  1. Listed by Shannon Collins • Green Street Realty
  2. Listed by Katie Meints • Green Street Realty

Property Details for 908 South Lincoln Avenue

Area
Urbana
Township
Cunningham

Location

Listing Courtesy of Green Street Realty
Add your commute
LISTING UPDATED: 04/28/2024 10:22 AM

Property Details for 908 South Lincoln Avenue

StatusActive
MLS #11830648
Days on Market276
Taxes$15,150 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Rooming House/Sro
Year Built1910
Lot Size0.18 AC / 7,840 SF
CountyChampaign County

Location

Listing Courtesy of Green Street Realty
Add your commute

Building Information for 908 South Lincoln Avenue

Stories-Residences10Year Built1910Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$3,309 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$1,263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 908 South Lincoln Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 4.0
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Grid: 56
  • Heat/Ventilation: Gas
  • Num of Baths: 30.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Sewer, Water, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Rooming House/SRO
  • Lot Dimensions: 58X136.4
  • Stories: 3
  • Exterior Building Type: Cedar
  • Lot Size Source: County Records
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
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: 10
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $30,000.00
  • Gross Scheduled Income: $30,000.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 2500
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 9
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 10
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
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 908 South Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 908 South Lincoln Avenue

Taxable ValueLand$34,710Additions$71,960Total$106,670
Tax Record2022$11,546 ($962 / month)
Home Facts
Total Finished SqFt1,437 SqFtAbove Grade Finished SqFt1,437 SqFtStories2Lot Size5,858 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCHAMPAIGNAPN932117301003Fireplace TypeHas Fireplace

Schools near 908 South Lincoln Avenue

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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908 South Lincoln Avenue is a multi-family home for sale in Urbana, IL 61801. This property was listed for sale on July 27, 2023 by Green Street Realty, it's currently listed at $375,000. This listing's school district is Urbana School District 116. Nearby schools include Leal Elementary School, Urbana Middle School and Urbana High School. 908 South Lincoln Avenue is a 90-bed, 30-bath, multi-family home built in 1910.

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 Green Street Realty

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.