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$113,500
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Property Description
Investment opportunity in the heart of Urbana! Located just minutes from the University of Illinois, 1008 E Florida Ave is a 2 bedroom, 1.5 bath home with a 2-car garage and a fully fenced backyard. This property is currently tenant-occupied through July 31, 2026, with a strong rental income of $1,350/month. Tenants are responsible for all utilities and lawn care, making this a truly hands-off investment. Professionally managed by JSJ Property Management and being sold as-is, this is a great chance to own a well-located, income-producing property with consistent cash flow from day one.
Full Property Details
Full Property Details for 1008 E Florida Ave
General
- Sold For: $113,500
- Taxes: $3,200 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12418207
- Added to Site: 218 day(s) ago
Interior
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Fireplace: Yes
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Parking On-Site: Yes
Location
- Area: Urbana
- County: Champaign
- Driving Directions: FROM VINE & FLORIDA HEAD EAST ON FLORIDA. HOME IS ON THE CORNER OF FLORIDA & COTTAGE GROVE
School Information
- School District: 116
- Midd School District: 116
- Elementary School: Wiley Elementary School
- Middle School: Urbana Middle School
- High School: Urbana High School
- Private School: Urbana High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Vinyl Siding, Cedar, Shake Siding
- Exterior Const.: Vinyl Siding, Cedar, Shake Siding
- Basement Desc.: None
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Laminate
- Square Feet: 1,137
- Sq. Ft. Source: Estimated
- Year Built: 1952
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.14
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 80 x 55
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1952
- Tax Amount: $3,200
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Home Warranty
- Property ID: 922116354020
Listed by eXp Realty-Mahomet
Sold by Keller Williams-Trec
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Schools
Schools serving 1008 E Florida Ave
School District:Urbana School District 116
| Name | Grades | Distance |
|---|---|---|
Urbana Middle School 1201 South Vine Street, Urbana, IL 61801 | 6-8 | 0.7 mi |
Urbana High School 1002 South Race Street, Urbana, IL 61801 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1008 E Florida Ave
Date
Details
Price
Change
Source
10/07/2025
Sold
$113,500
-1.22%
MLS
9/02/2025
Price Reduced
$114,900
-11.55%
MLS
7/18/2025
Listed
$129,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1008 E Florida Avenue, Urbana, IL 61801 (MLS# 12418207) is a Single Family property that was sold at $113,500 on October 07, 2025. Want to learn more about 1008 E Florida Avenue? Do you have questions about finding other Single Family real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.
