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Elijah Reese

elijah@serenerealtyinc.com +1(312) 848-2947

$ 210,000

Est. payment -/mo

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511 W Oregon ST Urbana, IL 61801

2 Beds

3 Baths

0.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12515372

Bedrooms 2

Year Built 1918

Annual Tax Amount $11,428

Tax Year 2024

Lot Size 10,890 Sqft

Lot Dimensions 74x146

Property Sub-Type Two to Four Units

Property Description

511 W Oregon is a standout all-brick 3-unit investment property, just 3 blocks from the University of Illinois campus, offering location, curb appeal, and dependable performance. The main level offers a roomy 3-bedroom, 1-bath unit, while the upstairs features two bright 1-bedroom, 1-bath units, all in a layout that renters love and consistently lease quickly! Tenants pay all utilities, including building heat, which is provided by a new high-efficiency hot water boiler installed in 2025. A large off-street parking area behind the building makes parking easy. With strong demand, solid updates, and extremely close to campus, this is a portfolio piece you will be proud to own!

Location

State IL

County Champaign

Area Urbana

Zoning LNC

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Steam

Equipment CO Detectors

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Leal Elementary School

Middle Schools Urbana High School

High Schools Urbana High School

School District 116 , 116, 116

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Joe Zalabak of KELLER WILLIAMS-TREC

Elijah Reese

Designated Managing Broker | License ID: 471019825

+1(312) 848-2947

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