202 S Grove Street
Expand your rental portfolio with 202 S Grove, a fully leased 5-unit building near downtown Urbana. Each unit is a one-bedroom, one-bath with its own kitchen. Three units were recently remodeled, and the other two have long-term tenants. Tenants pay individually metered electric and gas, while water, sewer, and heat are covered by a monthly utility credit. The seller has completed more than $60,000 in capital improvements, including a new high-efficiency hot water radiant heat boiler, a new roof, exterior painting, and full remodels of three units. Located on a large corner lot with R-4 zoning, the property delivers immediate income and offers strong potential for future development or continued value-add work.
- Xinh Xinh Cafe 750 ft
- China Garden 800 ft
- Wingstop 900 ft
- Domino's 0.3 mi
- Patricio’s Pizza 0.3 mi
- Writer's Room 0.4 mi
- Schnucks 1000 ft
- Food Center 0.3 mi
- Common Ground 0.3 mi
- H Mart 0.3 mi
- The Best of Africa's Food Store 0.5 mi
- World Harvest 0.5 mi
- Webber Street Park 800 ft
- Art in the Park 0.2 mi
- Victory Park 0.2 mi
- Patterson Parklet 0.6 mi
- AMBUCS Park 0.6 mi
- Leal Park 0.6 mi
- Starbucks 0.2 mi
- Lazy Daisy Diner & Cafe 0.3 mi
- Columbia Street Roastery 0.4 mi
- Elm City Roastery 0.4 mi
- 7 Brew Coffee 0.4 mi
- Strawberry Fields Café 0.5 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12488685