806 W Ohio St, Urbana, IL 61801

Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 6,100 per month - a 6.1 GRM. Plus another $325 billed back to tenants to cover sewer, trash, and internet. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.