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  • $429,900

    502-504-506 508 Airport Rd, Urbana, IL 61802

    8beds
    --sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $497,400 Zestimate®
    $--/sqft
    $1,084 Estimated rent

    Home value

    $497,400

    $458,000 - $542,000

    $1,084/mo

    Zestimate® history
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    Owner options

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    $1,084/mo

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    $1,084/mo

    Rent Zestimate®

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    $3,096/mo

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    $3,096/mo

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    What's special

    This exceptional multi-family property, comprising four distinct units, has undergone a comprehensive renovation, transforming it into a modern and highly desirable living space. Each unit features the following enhancements: New Roof: A brand-new roof ensures long-lasting protection and durability for the entire property. New Water Heaters: All units are equipped with new water heaters, providing reliable and energy-efficient hot water supply. Updated Kitchens and Bathrooms: Each kitchen and bathroom has been meticulously updated with contemporary fixtures, finishes, and appliances, offering both style and functionality. New Flooring: Modern, high-quality flooring has been installed throughout each unit, enhancing aesthetic appeal and comfort. Fresh Paint: A fresh coat of paint in a neutral palette creates a clean, inviting, and move-in-ready atmosphere in every unit. New Septic Systems: septic systems have been installed, ensuring efficient and environmentally friendly waste management. This fully renovated property at 502-504-506-508 Airport Road offers an excellent opportunity for investors or owner-occupiers seeking a turnkey, low-maintenance investment with strong rental potential. The extensive upgrades provide peace of mind and long-term value, making this property a standout choice in the market. Each Unit rents for $1200 a month, the last unit 508 is being renovated currently, so you could be owner occupied and have the other three fully rented.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Carol Meinhart, ABR,GRI,SFR 217-840-3328,

    The Real Estate Group,Inc

    Bought with:

    Nate Evans

    eXp Realty,LLC-Maho

    Source: MRED as distributed by MLS GRID,MLS#: 12123799MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Electric
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street, On Site, Owned
    Lot
    • Size: 1 Acres
    • Dimensions: 165X264
    Details
    • Additional parcels included: 251532476006
    • Parcel number: 251532476005
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1965
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Urbana

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/1/2024Sold$429,900
    Source: MRED as distributed by MLS GRID #12123799 Report a problem
    8/7/2024Contingent$429,900
    Source: MRED as distributed by MLS GRID #12123799 Report a problem
    8/7/2024Listed for sale$429,900
    Source: MRED as distributed by MLS GRID #12123799 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 61802

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Yankee Ridge Elementary School
    • Middle: Urbana Middle School
    • High: Urbana High School
    • 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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    $497,400
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    +$9,948
    With Zillow Showcase(estimated)
    $507,348