$125,000
$130,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1504 PHILO RD Urbana, IL 61801
3 Beds
2 Baths
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11997326
Sold Date 04/19/24
Bedrooms 3
Annual Tax Amount $3,273
Tax Year 2022
Lot Dimensions 65 X 85 X 70 X 115
Property Description
Both Units currently leased and managed by the Neves Group. Unit #1, main level, leased Section 8 for $750 until 28 Feb 2025. Tenant pays 2/3 of gas, electric, water, garbage, recycle, sewer. Long term tenant that will probably want to renew. New stove and refrigerator 2023. Unit #2, lower level, leased for $850 until 30 Sep 2024, all utilities included, rent subsidized by Regional Planning. Unit #2 was recently updated with new floor coverings and interior paint. Washer and Dryer located in lower level hallway. Attached two car shared garage with openers. Property has been approved by Section 8 which matches City code requirements. City inspected 2023.
Location
State IL
County Champaign
Area Urbana
Rooms
Basement Full
Interior
Heating Natural Gas
Equipment CO Detectors, Ceiling Fan(s), Water Heater-Gas
Fireplace N
Exterior
Parking Features Attached
Garage Spaces 2.0
Community Features Curbs, Sidewalks, Street Paved
Roof Type Asphalt
Building
Lot Description Irregular Lot, Sidewalks
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Thomas Paine Elementary School
Middle Schools Urbana Middle School
High Schools Urbana High School
School District 116 , 116, 116
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Ryan Dallas • RYAN DALLAS REAL ESTATE