Closed

$238,000

707 W California Ave, Urbana, IL 61801

7beds

--sqft

Multi Family

Built in 1908

-- sqft lot

$-- Zestimate^®

$--/sqft

$2,767 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,767/mo

Zestimate^® history

Owner options

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$2,767/mo

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$2,767/mo

Rent Zestimate^®

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$1,806/mo

Est. payment

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$1,806/mo

Est. payment

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What's special

Egress window

The next addition to your rental property portfolio is 707 W California Ave, Urbana. This multifamily home consists of four units: a recently remodeled basement 1 bedroom apartment with an egress window that could rent for $600, a large first floor two bedroom apartment rented for $950, a second story two bedroom apartment rented for $725, and a two bedroom, two-story rear unit rented for $650. Two new water heaters were installed in March 2023. Each unit is separately metered for electric and natural gas. Some newer leases have tenant bill-back for common utilities. Located 1.5 blocks from the University of Illinois, this property is priced to sell in AS-IS condition! Hurry!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 4

Heating

Natural Gas

Appliances

Included: Gas Water Heater

Features

Basement: Partially Finished,Partial

Property

Parking

Total spaces: 2
Parking features: Off Street, On Site, Owned

Lot

Size: 4,791 Square Feet
Dimensions: 40X120

Details

Parcel number: 922117156004
Zoning: MULTI
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1908

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Urbana

Financial & listing details

Tax assessed value: $273,240
Annual tax amount: $7,698
Date on market: 4/18/2023
Listing terms: Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
8/9/2023	Sold	$238,000+25.3%
Source: MRED as distributed by MLS GRID #11761525 Report a problem
5/4/2023	Pending sale	$190,000
Source: MRED as distributed by MLS GRID #11761525 Report a problem
4/18/2023	Listed for sale	$190,000-20.5%
Source: MRED as distributed by MLS GRID #11761525 Report a problem
8/16/2019	Listing removed	$239,000
Source: Abe Lincoln Realty #10398497 Report a problem
5/31/2019	Listed for sale	$239,000-4.4%
Source: Abe Lincoln Realty #10398497 Report a problem
10/30/2013	Sold	$250,000+19%
Source: MRED as distributed by MLS GRID #09411499 Report a problem
2/2/2009	Sold	$210,000+5%
Source: Public Record Report a problem
9/28/2007	Sold	$200,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$9,394 +6.3%	$91,080 +9.6%
2023	$8,839 +6.7%	$83,100 +8.6%
2022	$8,283 +7.6%	$76,520 +7.3%
2021	$7,699 +7.5%	$71,320 +7.1%
2020	$7,162 +3.4%	$66,580
2019	$6,927	$66,580 -0.7%
2018	$6,927 -3.3%	$67,050
2017	$7,166 +0.6%	$67,050
2016	$7,127	$67,050
2015	$7,127 +0.3%	$67,050
2014	$7,108 +1.3%	$67,050
2013	$7,015 +11.6%	$67,050
2012	$6,283 +5.9%	$67,050
2011	$5,932 +2.5%	$67,050 -1.6%
2010	$5,787	$68,140
2009	--	$68,140 +7.1%
2008	--	$63,630 +1.8%
2007	$4,831 +1.2%	$62,510 +7.5%
2006	$4,773 +5.5%	$58,140 +6.1%
2005	$4,523 +10.5%	$54,790 +3.2%
2004	$4,092 +11.3%	$53,090 +12.9%
2003	$3,676 +7.9%	$47,030 +18.9%
2002	$3,408 +2.5%	$39,540 +2.6%
2001	$3,325 +6.4%	$38,520 +6%
2000	$3,124	$36,350

Find assessor info on the county website

Neighborhood: 61801

Nearby homes

Nearby schools

GreatSchools rating

5/10
Leal Elementary School
Grades: K-5Distance: 0.3 mi
3/10
Urbana Middle School
Grades: 6-8Distance: 0.7 mi
2/10
Urbana High School
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

Elementary: Leal 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.