Properties

Address Map
US
IL
Champaign
Urbana
61801
Willow
1601
Road
E0° 0' 0''
N0° 0' 0''
South on Cunningham. Right on Perkins Rd. Buildings on the right side of the road.
Urbana
Urbana
N
N
MULTI
Additional Information
51046
233.5 X 330.45
51
51
2
GUTH & ASSOCIATES,LLC
Jacob Patterson
Financial
68603
Listing Information
Jill Guth
95405
GUTH & ASSOCIATES,LLC
952581
95405
MRED
Listing Information
952585
95405
GUTH & ASSOCIATES,LLC
Active
2024-08-17T08:32:05Z
2024-05-21T06:39:42Z
Property Description

Offering two building multi-family complex in Urbana, IL one block west of Cunningham Avenue and just south of the Interstate 74 interchange. Property is situated on the northwest corner of Country Club Road and Willow Road in Urbana. The property boasts 51 apartments comprised of 22 one-bedroom units and 29 two-bedroom units Most of the units have been renovated and refreshed with 15 units undergoing renovations currently. Current ownership has invested over $1,200,000 in renovations/repairs since 2022. Each building has a shared laundry facilities on the second floor for one-bedroom units to utilize, while two-bedroom units have washer/dryer within the units. Apartments are very spacious, and upgrades include new flooring, painting, kitchen upgrades, new appliances. The entire exterior of this property has been improved including new roof, siding, windows, painting and much more. A large courtyard is situated between the two buildings providing an area for tenants to relax and creates a sense of community. The on-site parking lot accommodates 82 vehicles. The property is located near Crystal Lake Park, Busey Woods, Anita Pervis Nature Center and Urbana Country Club. These outdoor facilities are within walking distance and provides recreational opportunities for tenants.

Commercial Sale For Sale

1601 N Willow Road, Urbana, Illinois 61801

  • Lot Size: 2 Acre
$3,825,000
Listing ID#12056636
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12056636
Price : $3,825,000
Year Built : 1974
Lot Size : 2 Acre
Listing Status : Active
Roof
Roof : Composition
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