One of a kind opportunity. Investment property or live in one unit and rent the others. 3 separate buildings with 3 total units. Two single family houses and one garage with apartment above it all on one parcel. Currently the two houses are rented and the garage apartment is owner occupied. Market rents are much higher for the location so room for new owner to improve condition and rents and have a great income producing property!
Closed
$185,000
402 E Elm St, Urbana, IL 61802
6beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$1,502 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,502/mo
Zestimate® history
Owner options
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$1,412/mo
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Zillow last checked:
Listing updated:
Listing courtesy of:
Mark Panno 815-674-5598,
KELLER WILLIAMS-TREC
Bought with:
Jeremy Brandow
Coldwell Banker R.E. Group
Source: MRED as distributed by MLS GRID,MLS#: 12155475
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Owned
Lot
- Size: 8,375 sqft
- Dimensions: 67X125
Details
- Parcel number: 922117228006
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar
- Roof: Asphalt,Rubber
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Urbana
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Listing removed | $1,575 |
Source: Zillow Rentals Report a problem | ||
| 4/7/2026 | Price change | $1,575-6% |
Source: Zillow Rentals Report a problem | ||
| 2/4/2026 | Price change | $1,675-4.3% |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Price change | $1,750-5.4% |
Source: Zillow Rentals Report a problem | ||
| 12/19/2025 | Listed for rent | $1,850+105.6% |
Source: Zillow Rentals Report a problem | ||
| 10/17/2024 | Sold | $185,000+76.2% |
Source:  MRED as distributed by MLS GRID #12155475 Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/21/2020 | Sold | $105,000 |
Source: Public Record Report a problem | ||
| 11/7/2020 | Listing removed | $900 |
Source: Owner Report a problem | ||
| 10/2/2020 | Listed for rent | $900 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,857 +23.5% | $47,090 +9.6% |
| 2023 | $3,933 +8.2% | $42,970 +8.6% |
| 2022 | $3,634 +9% | $39,570 +7.3% |
| 2021 | $3,332 -10% | $36,870 +7.1% |
| 2020 | $3,702 +51.5% | $34,420 |
| 2019 | $2,444 | $34,420 -0.7% |
| 2018 | $2,444 -3.3% | $34,660 |
| 2017 | $2,529 +0.6% | $34,660 |
| 2016 | $2,515 | $34,660 |
| 2015 | $2,515 -17.2% | $34,660 |
| 2014 | $3,038 +1.3% | $34,660 |
| 2013 | $2,998 +11.6% | $34,660 |
| 2012 | $2,686 +5.9% | $34,660 |
| 2011 | $2,535 +2.1% | $34,660 -1.6% |
| 2010 | $2,482 | $35,230 |
| 2009 | -- | $35,230 +5.1% |
| 2008 | -- | $33,520 +1.8% |
| 2007 | $2,267 +4% | $32,930 +4.4% |
| 2006 | $2,180 +19.8% | $31,550 +16.7% |
| 2005 | $1,819 +12.5% | $27,040 +3.2% |
| 2004 | $1,617 +0.7% | $26,200 +11.7% |
| 2003 | $1,606 +5.6% | $23,460 +10.9% |
| 2002 | $1,521 +7.7% | $21,150 +6.4% |
| 2001 | $1,413 +7% | $19,870 +5.3% |
| 2000 | $1,321 | $18,870 |
Find assessor info on the county website
Neighborhood: 61802
Nearby schools
GreatSchools rating
- 5/10Leal Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Urbana High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: 116
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Champaign County
- Urbana
- 61802
- 402 E Elm St
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