705 W Elm Street

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Address: 705 W Elm St, Urbana, IL 61801, USA
Chicago & Midwest + Apartment Buildings
Created date: September 15, 2026
Date last updated: September 21, 2026
Price: $825,000Investment Analyzer NEW!

Property Description

On Campus investment opportunity. 10-unit building with six 2 BD units and four 1 BD units. Gross Monthly income is $9,770. Parking is available to rent to tenants. There is an on-site laundry facility. The efficiencies are fully furnished and include fiber-optic internet. Each unit includes a window air conditioner. Each kitchen has a gas stove. Room to bump rents. Fully leases for 2026/2027 School year. Financials attached.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $825,000
No. of Units: 10
Opportunity Zone: No
Price per unit: $82,500
Property Website Click Here
Number of Bedrooms: 16
Number of Bathrooms: 10
Address: 705 W Elm Street, Urbana, IL 61801, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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