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304 S Busey Avenue, Urbana, IL 61801
$325,000 Contingent
304 S Busey Avenue, Urbana, IL 61801View this property at 304 S Busey Avenue, Urbana, IL 61801
304 S Busey AvenueUrbanaIL61801
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Property Description
Excellent student housing 1 block from campus. Two four bedrooms 2 bath in each units. Fully rented for Spring 2024. Busey and High St. Pre-leased Fall 24-Spring 25. Gross income= $45,600. Both units have furnishings in units. Rents includes $50 water bill back.
Full Property Details
Full Property Details for 304 S Busey Ave
General
- Price: $325,000
- Taxes: $14,072 (2022)
- Status: Contingent
- Type: Multi-Family
- MLS ID: 12008246
- Updated: 4/8/2024
- Added to Site: 40 day(s) ago
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 4
- Parking Features: Assigned, Off-Street
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: Urbana
- County: Champaign
- Township: Cunningham
- Driving Directions: 304 S Busey Ave is near University Of Illinois-Willard Airport, located 11.3 miles or 25 minutes away
School Information
- School District: 116
- Elem School District: 116
- Midd School District: 116
- High School District: 116
- Elementary School: Leal Elementary School
- Middle School: Urbana Middle School
- High School: Urbana High School
- Private School: Urbana High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Year Built: 1937
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 67.75 x 115.42
Financial Considerations
- Assessment Year: 1937
- Tax Amount: $14,072
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 922117107010
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Schools
Schools serving 304 S Busey Ave
School District:Urbana School District 116
Rating | Name | Grades | Distance |
---|---|---|---|
312 W Oregon St, Urbana, IL 61801 | K-5 | 0.4 mi | |
1201 S Vine St, Urbana, IL 61801 | 6-8 | 0.8 mi | |
1002 S Race St, Urbana, IL 61801 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 304 S Busey Ave
Date
Details
Price
Change
Source
3/20/2024
Listed
$325,000
30%
MLS
2/23/2023
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 304 S Busey Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
$13,080
-7%
$121,170
-7%
2022
$14,072
11%
$130,010
11%
2020
$12,654
3%
$117,640
—
2019
$12,293
—
$117,640
-1%
2018
$12,238
-3%
$118,460
—
2017
$12,661
4%
$118,460
3%
2016
$12,224
2%
$115,010
4%
2015
$11,941
1%
$111,120
—
2014
$11,780
-1%
$111,120
-2%
2013
$11,863
12%
$113,390
—
2012
$10,625
—
$113,390
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 304 S Busey Ave
304 S Busey Avenue, Urbana, IL 61801 (MLS# 12008246) is a Multi-Family property with 2 units containing 8 bedrooms and 0 full bathrooms. 304 S Busey Avenue is currently listed for $325,000 and was received on March 20, 2024. Want to learn more about 304 S Busey Avenue? Do you have questions about finding other Multi-Family real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.