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306 W Illinois Street Urbana, IL 61801 Residential - Single Family Contingent

  • 306 W Illinois Street, Urbana, IL 61801 Main Photo

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Description

Fully furnished and turnkey, this updated 3-bedroom, 2-bath home is ideally located in Urbana's desirable State Streets neighborhood. The property has been extensively renovated, featuring all new flooring, a fully updated kitchen with new cabinets, countertops, and appliances, and two recently remodeled bathrooms. Additional highlights include a fenced backyard and a convenient off-street parking space located just west of the home. Currently operating as a successful short-term rental, the property has a proven income history. Whether you're seeking a primary residence, investment property, or a combination of both, this home offers flexibility for owner-occupancy, long-term leasing, or continued short-term rental use.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 926
Built in 1893
Elementary School: Urbana Elementary School
High School: Urbana High School
Middle School: Urbana Middle School

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 926
County: Champaign
High School: Urbana High School
Subdivision: Assessor's
Listed By:
Trautman Real Estate Agency & Appraisal LLC 217-888-8585
MRED MLS

Room Information

Enclosed Porch: 6X8
Other Room: 13X13
Bedroom 2: 9X11
Bedroom 3: 12X13
Kitchen: 10X11
Living Room: 13X12
Primary Bedroom: 11X10
$250,000
Est. $1,631/mo
3beds
2baths
926sqft
New to the Market Contingent
BEDS3 BATHS2 full SQUARE FEET926 MLS#12608862
STATUSContingent PROPERTY TYPEResidential - Single Family SUBDIVISIONAssessor's SCHOOLDistrict 116

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306 W Illinois Street, Urbana, IL 61801.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $250,000$250,000$250,000
Down Payment $50,000$8,750$62,500
Monthly Mortgage Amount $1,183$1,472$1,520
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,631$2,030$1,968

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