305 N Elizabeth Street
Tolono, IL 61880
- 8 beds
- 4 baths
- – sqft
- 10,082 sqft lot
- 1965 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 13, 2025
•
MLS# 12358713 —
The Building
-
Year Built:1965
-
Rebuilt:No
-
New Construction:false
-
Construction Materials:Brick
-
Basement:None
Interior
-
Rooms Total:20
Location
-
Directions:West side of N Elizabeth Street situated between E Reynolds Street and E Washington Street
-
Location:95405
The Property
-
Parcel Number:292625303003
-
Property Type:Residential Income
-
Lot Size Dimensions:71' X 142'
-
Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (217) 355-2545
- Office phone:
- (217) 355-2545
Taxes
-
Tax Year:2024
-
Tax Annual Amount:5124.74
Beds
-
Bedrooms Total:8
-
Bedrooms Possible:8
Baths
-
Baths:4
-
Full Baths:4
The Listing
-
Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
-
Heating:Natural Gas, Electric
Utilities
-
Sewer:Public Sewer
Schools
-
Elementary School:Unity West Elementary School
-
Elementary School District:7
-
Middle Or Junior School:Unity Junior High School
-
Middle Or Junior School District:7
-
High School:Unity High School
-
High School District:7
Parking
-
Parking Total:5
-
Parking Features:On Site, Garage Owned, Attached, Garage
-
Garage Spaces:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/7/25
May 7, 2025
|
Listed / Active | MRED | $410,000 | 164.5% (10.1% / YR) |
|
2/12/09
Feb 12, 2009
|
MRED | $155,000 |
