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709 W Nevada Street, Urbana, IL 61801
$495,000 Contingent
709 W Nevada Street, Urbana, IL 61801View this property at 709 W Nevada Street, Urbana, IL 61801
709 W Nevada StreetUrbanaIL61801
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Property Description
Looking to add to your investment portfolio? Look no further than this 5-unit apartment building with solid rental history! Fantastic location near the University of Illinois campus and minutes from the quad. Inside, you'll find 4 - 2 bedroom, 1 bathroom units and 1 - 3 bedroom, 2 bathroom unit. On-site laundry is available in the basement.
Full Property Details
Full Property Details for 709 W Nevada St
General
- Price: $495,000
- Taxes: $16,419 (2022)
- Status: Contingent
- Type: Commercial
- MLS ID: 12024062
- Updated: 4/22/2024
- Added to Site: 19 day(s) ago
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: Urbana
- County: Champaign
- Township: Cunningham
- Driving Directions: From S Lincoln Ave, turn East onto W Nevada St, property will be on the right
Heating & Cooling
- Heating Type: Forced Air, Gas
Utilities
- Trash: 900
Structural Information
- Exterior Const.: Stucco
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1913
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Dimensions: 58 x 140
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $2,700
- Assessment Year: 1913
- Tax Amount: $16,419
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 540
- Pays Trash: 900
Disclosures and Reports
- Property ID: 922117158002
Listed by Taylor Realty Associates
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Schools
Schools serving 709 W Nevada St
School District:Urbana School District 116
Rating | Name | Grades | Distance |
---|---|---|---|
312 W Oregon St, Urbana, IL 61801 | K-5 | 0.3 mi | |
1201 S Vine St, Urbana, IL 61801 | 6-8 | 0.6 mi | |
1002 S Race St, Urbana, IL 61801 | 9-12 | 0.5 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 709 W Nevada St
Date
Details
Price
Change
Source
4/12/2024
Listed
$495,000
9.03%
MLS
4/29/2019
Sold
$454,000
—
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 709 W Nevada St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$15,261
-7%
$141,370
-7%
2022
$16,419
16%
$151,690
15%
2020
$14,196
3%
$131,970
—
2019
$13,791
20%
$131,970
18%
2018
$11,537
-3%
$111,670
—
2017
$11,935
1%
$111,670
—
2016
$11,869
4%
$111,670
5%
2015
$11,429
1%
$106,350
—
2014
$11,274
1%
$106,350
—
2013
$11,126
12%
$106,350
—
2012
$9,965
—
$106,350
—
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 709 W Nevada St
709 W Nevada Street, Urbana, IL 61801 (MLS# 12024062) is a Commercial property. 709 W Nevada Street is currently listed for $495,000 and was received on April 12, 2024. Want to learn more about 709 W Nevada Street? Do you have questions about finding other Commercial real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.