111 W Park Street Urbana, IL 61801
Other
MLS #: 12373675
Courtesy Of Brady Miller
Property InformationDescription
111-121 W Park St is a multifamily investment opportunity that offers 21 units within 2 buildings. The breakdown includes (11) 2 bedroom units (1) 1 bedroom unit and (9) studios. The property is currently fully leased for the 2024-25 lease term and only has one vacant studio apartment for the upcoming 2025-26 lease term. This property boasts a strong rental history and has been meticulously managed long-term. The strong rental history combined with value add opportunity make this a great property to add to an investor's portfolio. This property also boasts a prime location being across the street from Crystal Lake Park that has had major improvements in recent years, a growing retail hub just to the east at Five-Points and surrounding areas, and great proximity to Carle Foundation Hospital and the University of Illinois Campus.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 21
- Legal Description: LOTS PT 1, PT 2, PT 3, PT 7 BLOCK 3 ASSESSOR'S SUB
- MLSID: 12373675
MAP & DIRECTIONS
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