IL
Champaign
Urbana
61801
111 W Park Street
111 W Park Street, Urbana, IL 61801
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Listing Type
Commercial/Industrial
Listing Status
pending
7
$1,150,000

Home Details for 111 W Park Street

Price
$1,150,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1972
Lot size acres
0.43
County
Champaign
Garage
Days on site
103
MLS Listing#
12373675
Property Description

111-121 W Park St is a multifamily investment opportunity that offers 21 units within 2 buildings. The breakdown includes (11) 2 bedroom units (1) 1 bedroom unit and (9) studios. The property is currently fully leased for the 2024-25 lease term and only has one vacant studio apartment for the upcoming 2025-26 lease term. This property boasts a strong rental history and has been meticulously managed long-term. The strong rental history combined with value add opportunity make this a great property to add to an investor's portfolio. This property also boasts a prime location being across the street from Crystal Lake Park that has had major improvements in recent years, a growing retail hub just to the east at Five-Points and surrounding areas, and great proximity to Carle Foundation Hospital and the University of Illinois Campus.

Property Features
    Listing Courtesy: Ramshaw Real Estate
    Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 21:04:03. 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.
    Last Updated: 2025-09-03 21:04:03
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    EXIT REAL ESTATE PARTNERS
    4901 Main Street, Downers Grove, IL 60515
    Office
    630 967 0400
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