Bought with Joe Zalabak of KELLER WILLIAMS-TREC
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511 W Oregon Street Urbana, IL 61801
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Key Details
Sold Price $212,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12515372
Sold Date 12/22/25
Bedrooms 2
Year Built 1918
Annual Tax Amount $11,428
Tax Year 2024
Lot Size 10,890 Sqft
Lot Dimensions 74x146
Property Sub-Type Two to Four Units
Property Description
511 W Oregon is a standout all-brick 3-unit investment property, just 3 blocks from the University of Illinois campus, offering location, curb appeal, and dependable performance. The main level offers a roomy 3-bedroom, 1-bath unit, while the upstairs features two bright 1-bedroom, 1-bath units, all in a layout that renters love and consistently lease quickly! Tenants pay all utilities, including building heat, which is provided by a new high-efficiency hot water boiler installed in 2025. A large off-street parking area behind the building makes parking easy. With strong demand, solid updates, and extremely close to campus, this is a portfolio piece you will be proud to own!
Location
State IL
County Champaign
Zoning LNC
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Steam
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Leal Elementary School
Middle Schools Urbana High School
High Schools Urbana High School
School District 116, 116, 116
Others
Ownership Fee Simple
Special Listing Condition None
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