IL > Tolono
Tolono, IL 61880,305 N Elizabeth ST
Tolono, IL 61880,305 N Elizabeth ST
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Oleg Komarnytskyy

Oleg Komarnytskyy

+1(847) 737-5037
$410,000
Est. payment /mo
8 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12358713

Bedrooms 8

Maintenance Fees $5,000

Year Built 1965

Annual Tax Amount $5,124

Tax Year 2024

Lot Dimensions 71' X 142'

Property Sub-Type Two to Four Units

Property Description

Investment Opportunity: Fully Leased Four-Unit Apartment Building in Tolono, IL We are pleased to present this well-maintained, brick exterior apartment building in Tolono, IL, just south of the vibrant Champaign-Urbana area. This property, which boasts a long history of full occupancy, offers four spacious 2-bedroom, 1-bathroom units, each approximately 782 SF. The units feature large kitchens and inviting living areas, making them highly desirable for tenants. Included with the property is a five-car garage along with a shared laundry facility that generates supplementary revenue. The building has been locally owned and carefully managed, with a new roof installed just 10 years ago. Property has well maintained landscaping. Tolono's strong rental market presents an excellent opportunity for future rent growth, making this a prime addition to any investment portfolio. Don't miss out on this well-established, income-generating property with long-term potential. Additional photos coming soon. Tours require 24-hour tenant notice.

Location

State IL

County Champaign

Area Southern Champaign County / Douglas County

Rooms

Basement None

Interior

Heating Natural Gas, Electric

Fireplace N

Exterior

Garage Spaces 5.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Structure Type Brick

New Construction false

Schools

Elementary Schools Unity West Elementary School

Middle Schools Unity Junior High School

High Schools Unity High School

School District 7 , 7, 7

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jill Guth • GUTH & ASSOCIATES,LLC

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Oleg Komarnytskyy

+1(847) 737-5037

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305 N Elizabeth ST

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