$5,332
closing credit¹
806 W Ohio St Urbana, IL 61801
Property details
About 806 W Ohio St
Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.
Highlights
Summary
- MLS Number: 11958215
- MLS Name: MRED
- Office Name: Abe Lincoln Realty
- Office Phone: (217) 840-9978
- Office Email: info@alrproperties.com
- Listing Agent: Philip Fiscella
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Get an agent. Get a mortgage. Save big.¹
$449,000
806 W Ohio St
$5,332
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 16, 2005 | Home Sold | $230,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $106,140 | $11,290 |
| 2022 | $97,740 | $10,579 |
| 2021 | $91,090 | $9,833 |
| 2020 | $85,030 | $9,146 |
| 2019 | $85,030 | $8,885 |
| 2018 | $85,630 | $8,846 |
| 2017 | $85,630 | $9,151 |
History based on county public records data.
Nearby schools
3
Leal Elementary School
Public District KG-5
0.5 mi
•312 W Oregon St
3
Dr. Martin Luther King Jr. Elementary School
Public District KG-5
1.2 mi
•1108 Fairview Ave
2
Yankee Ridge Elementary School
Public District KG-5
1.4 mi
•2102 S Anderson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,382. Residents of Urbana, IL typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Yoga/pilates
Where do the neighbors shop?
Express/Express For Men
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Audi
What do the neighbors listen to?
Urban Contemporary
Alternative
Talk/Personality
Frequently asked questions
About 806 W Ohio St
This home is located at 806 W Ohio St in Urbana, IL and zip code 61801. Features: 14 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 9, 2024 and is currently priced at $449,000.
Urbana, IL housing market in January 2025 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. The number of listings in Urbana, IL increased by 2.7% between December and January 2025. The median list price of listings available in January 2025 was $200,000, while the average time on the real estate market was 61 days.