203 S Coler Avenue
URBANA, IL 61801

Status: Sold
Multi Family 5+
0 beds
0 baths
0 sq.ft
Listing Price: $359,000

About this home

All units are fully furnished and include fiber-optic internet. The property is newly remodeled and has both hardwood floors and carpeting. Apartment #1 has approximately 475 sq. ft. of living space, Apartment #2 has approx. 300 sq. ft., Apartment #3 has approx. 450 sq. ft., and Apartment #4 has approx. 450 sq. ft. Each unit has a gas stove, window air conditioning. No pets have been at the property. Parking is available. The cross street is Elm. Interior remodel #1, #3, Kitchen up-grade #2, new exterior siding and windows & roof in 2013.

Property details

Property / Lot Details
Approximate Age Older
Acreage 0.13
Property Type Multi Family 5+
Lot Dimensions 120X45
Legal Description RUSSELL'S SUB SEC 17 TWP 19 R9E
Type Multi-Family Other
NumberOfUnitsTotal 5
School / Neighborhood, Utilities, Financing, Location Details
Area Major Urbana
Zoning Type MULTI
Directions I74 E, S ON LINCOLN, E ON SPRINGFIELD, S ON COLER
Township CUNNINGHAM
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Approx Year Built 0
Parking Total 4
MRD Virtual Tour None
Interior Features
Heat/Ventilation Other
Stories 2
Units
unit 1
Beds Total 1
Baths Total 1
Number Of Rooms - Unit 1 3
UnitTypeUnitsTotal 5
Number Of Full Bthrms - Type 1 1
Monthly Income - 1 395
Monthly Income Max - 1 825
unit 2
Beds Total 0
Number Of Rooms - Unit 2 0
UnitTypeUnitsTotal 0
Monthly Income - 2 0
unit 3
Beds Total 0
Number Of Rooms - Unit 3 0
UnitTypeUnitsTotal 0
Monthly Income - 3 0
unit 4
Beds Total 0
Number Of Rooms - Unit 4 0
UnitTypeUnitsTotal 0
Monthly Income - 4 0
unit 5
Beds Total 0
UnitTypeUnitsTotal 0
Monthly Income - 5 0
Number Of Rooms - Type 5 0
unit 6
Beds Total 0
UnitTypeUnitsTotal 0
Monthly Income - 6 0
unit 7
Beds Total 0
UnitTypeUnitsTotal 0
Monthly Income - 7 0
Number Of Rooms - Type 7 0

Financials

Investment Profile Commercial Sale
ElectricExpense 0
Financing Other
Fuel Expense 0
Gross Rental Income $43,020
Gross Rent Multiplier 8.3
Insurance Expense $767
Janitor Expense 0
Net Oper Income $25,730
Other Expense 0
MaintenanceExpense 1986
Scavenger Expense 0
Total Monthly Income 3585
OperatingExpense 17290
Water Expense 0

Tax/Assessments/Liens

Multiple Pin Numbers 0
PIN 922117106008
Taxes $6,607
Tax Year 2017
$359,000 Listing Price:
MLS # 10256656
Investment Profile Commercial Sale
Listing Market Time 149 days
Basement
List Date 01/23/2019
Year Built 0
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