Urbana, IL 61802,202 S Grove ST
Urbana, IL 61802,202 S Grove ST
Urbana, IL 61802,202 S Grove ST
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$275,000
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10,018 Sqft Lot
Active

202 S Grove ST Urbana, IL 61802

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12488685

Year Built 1913

Annual Tax Amount $4,552

Tax Year 2024

Lot Size 10,018 Sqft

Lot Dimensions 66X124

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Champaign

Area Urbana

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Stucco

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joe Zalabak of  KELLER WILLIAMS-TREC 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 13
  • 5

    Washington Elementary School

    Public | KG - 5

  • 5

    Thomas Paine Elementary School

    Public | KG - 5

  • 4

    Stratton Elementary School

    Public | KG - 5

  • 4

    Leal Elementary School

    Public | KG - 5

  • 4

    Wiley Elementary School

    Public | KG - 5

  • 4

    Yankee Ridge Elementary School

    Public | KG - 5

  • 1

    M L King Jr Elementary School

    Public | KG - 5

  • 1

    Prairie Elementary School

    Public | KG - 5

  • 0

    Chesterbrook Academy

    Private | PK - TKG

  • 0

    University Primary School

    Private | PK - 5

  • 0

    Circle Academy

    Private | 3 - 12

  • 0

    Kingswood School

    Private | PK - 12

  • 0

    Calvary Baptist Christian Academy

    Private | KG - 12

Middle Schools 4
  • 4

    Urbana Middle School

    Public | 6 - 8

  • 0

    R E a D y Program

    Public | 6 - 12

  • 0

    University of Illinois High School

    Public | 8 - 12

  • 0

    Campus Middle School for Girls

    Private | 6 - 8

High Schools 2
  • 5

    Urbana High School

    Public | 9 - 12

  • 0

    Novak Academy

    Public | 9 - 12

School and business data provided by Attom Data.

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Realty Executives Premier

Realty Executives Premier

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202 S Grove ST