1601 N Willow Road, Urbana, IL, 61801

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$3,825,000
95 Days Online

1601 N Willow Road
Urbana, IL 61801

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
51,046
SqFt
$75
/SqFt
1974
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of GUTH & ASSOCIATES,LLC jake@guthandassociates.com
Call Now: 877 582 4399
Is this the home for you? We can help make it yours.
877 582 4399
1601 N Willow Road1601 N Willow Road1601 N Willow Road1601 N Willow Road
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Offering two building multi-family complex in Urbana, IL one block west of Cunningham Avenue and just south of the Interstate 74 interchange. Property is situated on the northwest corner of Country Club Road and Willow Road in Urbana. The property boasts 51 apartments comprised of 22 one-bedroom units and 29 two-bedroom units Most of the units have been renovated and refreshed with 15 units undergoing renovations currently. Current ownership has invested over $1,200,000 in renovations/repairs since 2022. Each building has a shared laundry facilities on the second floor for one-bedroom units to utilize, while two-bedroom units have washer/dryer within the units. Apartments are very spacious, and upgrades include new flooring, painting, kitchen upgrades, new appliances. The entire exterior of this property has been improved including new roof, siding, windows, painting and much more. A large courtyard is situated between the two buildings providing an area for tenants to relax and creates a sense of community. The on-site parking lot accommodates 82 vehicles. The property is located near Crystal Lake Park, Busey Woods, Anita Pervis Nature Center and Urbana Country Club. These outdoor facilities are within walking distance and provides recreational opportunities for tenants.

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Listing Snapshot
Price 
$3,825,000
Days Online 
95 Days
Bedrooms 
N/A
Inside Area (SqFt) 
51,046 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2 Acres
Year Built 
1974
MLS® Number 
12056636
Status 
Active
Property Tax 
$68,603
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen online
4 months agoListing updated with changes from the MLS®
General Features
Acres 
2
Number Of Stories 
2
Property Sub Type 
Multi Family
SqFt Total 
51046
Zoning 
MULTI
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Composition
Community Features
MLS Area 
Urbana
Listing Courtesy of MRED as distributed by MLS Grid of GUTH & ASSOCIATES,LLC jake@guthandassociates.com



Based on information submitted to the MLS GRID as of 2024-09-20 01:05 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-20 01:05 AM UTC
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