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Updated Duplex
For Sale
$330,000

709 W California Avenue, Urbana, IL 61801

This two-unit rental property has received improvements to its exterior, windows, bathroom, bedrooms, and landscaping.

Property SizeContact for details
Days on Market74

Property Features for 709 W California Avenue

General Information

Standard status Active
Property subtype Residential Income
Zoning MLT

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,914

Building Details

Year Built 1998
Stories 2
Units 2
Listing Agency: The Real Estate Group LLC
Listed By: Carol Meinhart · License #475127814
Source: Fridyrealty
Added: Aug 19 Changed: Oct 26 Last Checked: Oct 29 at 9:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group LLC

Rey
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Investment Insights

Based on property information with market context.

The duplex was built in 1998 and has had work completed on its siding, windows, bathroom, bedrooms, and landscaping within the last couple of years. Zoning is designated MLT.

At 709 W California Avenue in Urbana, the property is described as being in West Urbana and a short distance from the University of Illinois. Tenants cover utilities other than sanitary service.

Key Highlights

  • Duplex built in 1998
  • Siding, windows, bathroom, bedrooms, and landscaping updated in recent years
  • Tenants pay utilities except for sanitary service

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,493
Businesses Nearby

Demographics for 61801, IL

27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - This two-unit rental property has received improvements to its exterior, windows, bathroom, bedrooms, and landscaping.
Where is this duplex located?
The property is located at 709 W California Avenue Urbana, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Duplex built in 1998; Siding, windows, bathroom, bedrooms, and landscaping updated in recent years; Tenants pay utilities except for sanitary service
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