About 705 W Elm Street
On Campus investment opportunity. 10-unit building with six 2 BD units and four 1 BD units. Gross Monthly income is $9,770. Parking is available to rent to tenants. There is an on-site laundry facility. The efficiencies are fully furnished and include fiber-optic internet. Each unit includes a window air conditioner. Each kitchen has a gas stove. Room to bump rents. Fully leases for 2026/2027 School year. Financials attached.
Features of 705 W Elm Street
| MLS® # | 12760030 |
|---|---|
| Price | $825,000 |
| Bathrooms | 0.00 |
| Acres | 0.14 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 705 W Elm Street |
|---|---|
| Area | Urbana |
| City | Urbana |
| County | Champaign |
| State | IL |
| Zip Code | 61801 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 7 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty-Champaign |
|---|
