2018 Fletcher St Urbana, IL 61801
Southeast Urbana NeighborhoodEstimated payment $10,569/month
About This Home
This 24-unit building is ideally located near the intersection of Silver Street and Fletcher Avenue in Urbana, Illinois, consisting of 2-bedroom, 1-bath apartments (approx. 720 sq. ft.). Tenants enjoy convenient access to downtown Urbana, the University of Illinois campus, and nearby transit. The buildings are professionally managed and offer consistent occupancy and stable cash flow, with strong market rent potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,042
Year Built
- Built in 1970
Additional Features
- 3-Story Property
- Lot Dimensions are 205x115
Community Details
- 24 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $24,137 | $248,700 | $54,160 | $194,540 |
| 2023 | $24,137 | $226,920 | $49,420 | $177,500 |
| 2022 | $22,617 | $208,950 | $45,510 | $163,440 |
| 2021 | $22,127 | $204,980 | $44,640 | $160,340 |
| 2020 | $23,785 | $221,120 | $48,150 | $172,970 |
| 2019 | $24,550 | $234,930 | $48,150 | $186,780 |
| 2018 | $20,537 | $198,790 | $40,740 | $158,050 |
| 2017 | $21,246 | $198,790 | $40,740 | $158,050 |
| 2016 | $21,129 | $198,790 | $40,740 | $158,050 |
| 2015 | $21,363 | $198,790 | $40,740 | $158,050 |
| 2014 | $21,074 | $198,790 | $40,740 | $158,050 |
| 2013 | $20,797 | $198,790 | $40,740 | $158,050 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | For Sale | $1,533,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,800,000 | Madison Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,596,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,525,000 | New Conventional | |
| Closed | $1,110,000 | New Conventional | |
| Previous Owner | $260,525 | No Value Available | |
| Previous Owner | $2,060,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12331357
APN: 93-21-21-183-001
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