OFF MARKET
503 S Race St
Urbana, IL 61801
- 3 Beds
- 2 Baths
- 3 Beds
- 2 Baths
3 Beds
2 Baths
Homes for Sale Near 503 S Race St
Skip to last item
Skip to first item
Local Information
© Google
-- mins to
Commute Destination
Description
This property is no longer available to rent or to buy. This description is from April 29, 2022
Highly desirable location close to Campus on the the West side of Lincoln Square. Two units zoned mixed use inspected by the City of Urbana in 2020. Many improvements made to plumbing, electrical, water main, and roof. Downstairs 2 bedroom has leased for $750/month, upstairs 1 bedroom is leased for $670/month through December 2021. Both units have and a portable dishwasher and upstairs has a window A/C. Hardwood floors. Both ranges were new in 2018. 95% efficient furnace and water heaters. Double paned Pella windows. 5 or 6 parking spaces. Great investment property, continually rented since 1999. Tenant pays gas and electric. Owner pays water, hauling, and sewer. 5 rented parking spaces that are owned by landlord.
Home Highlights
Parking
5 Parking Spaces
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 503 S Race St
Active Status |
---|
MLS Status: Closed |
Interior Features |
---|
Interior Details Basement: FullNumber of Rooms: 7 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Heating & Cooling Heating: Natural GasHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Window: Porch Screened |
Exterior Features |
---|
Exterior Home Features Roof: AsphaltPatio / Porch: Porch Screened |
Parking & Garage Parking Spaces: 5Parking: Assigned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Property Information |
---|
Year Built Year Built: 1878 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Asbestos SidingNot a New Construction |
Property Information Parcel Number: 922117251006 |
Price & Status |
---|
Price List Price: $137,000 |
Status Change & Dates Off Market Date: Fri Oct 08 2021Possession Timing: Close Of Escrow |
Location |
---|
Direction & Address City: Urbana |
School Information Elementary School: Leal Elementary SchoolElementary School District: 116Jr High / Middle School: Urbana Middle SchoolJr High / Middle School District: 116High School: Urbana High SchoolHigh School District: 116 |
Lot Information |
---|
Lot Area: 4791.6 sqft |
Listing Info |
---|
Special Conditions: None |
Offer |
---|
Listing Terms: Cash |
Compensation |
---|
Buyer Agency Commission: 3Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
---|
Business Information Ownership: Fee Simple |
Miscellaneous |
---|
BasementMls Number: 11170412 |
Additional Information |
---|
Mlg Can ViewMlg Can Use: IDX |
Last check for updates: about 14 hours ago
Listed by Ellen Cunnington, (217) 778-1990
KELLER WILLIAMS-TREC
Bought with: Jonah Weisskopf, (217) 369-2150, Beringer Realty
Source: MRED as distributed by MLS GRID, MLS#11170412
Price History for 503 S Race St
Date | Price | Event | Source |
---|---|---|---|
11/03/2021 | $130,000 | Sold | MRED as distributed by MLS GRID #11170412 |
10/13/2021 | $137,000 | Pending | MRED as distributed by MLS GRID #11170412 |
10/08/2021 | $137,000 | Contingent | MRED as distributed by MLS GRID #11170412 |
09/26/2021 | $137,000 | Listed For Sale | MRED as distributed by MLS GRID #11170412 |
Property Taxes and Assessment
Year | 2022 |
---|---|
Tax | $4,758 |
Assessment | $131,880 |
Home facts updated by county records
Comparable Sales for 503 S Race St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $150,000 | 11/15/23 | 5 | 2 | - | |
0.18 | Multi-Family Home | $185,000 | 03/22/24 | 2 | 2 | - | |
0.45 | Multi-Family Home | $119,000 | 08/07/23 | 2 | 2 | - | |
0.38 | Multi-Family Home | $190,000 | 02/10/24 | 4 | 2 | - | |
0.29 | Multi-Family Home | $222,000 | 08/23/23 | 6 | 3 | - | |
0.42 | Multi-Family Home | $160,000 | 04/28/23 | 6 | 3 | - | |
0.44 | Multi-Family Home | $42,500 | 08/29/23 | 2 | 2 | - | |
0.64 | Multi-Family Home | $152,500 | 06/30/23 | 4 | 2 | - |
Assigned Schools
These are the assigned schools for 503 S Race St.
- Leal Elementary School
- K-5
- Public
- 350 Students
3/10GreatSchools RatingParent Rating AverageThis school is great in helping English Learners. It's staff is very caring of it's students. The after school program in particular is a great help with parents that cannot pick up their children right after school.Other Review9y ago - Urbana High School
- 9-12
- Public
- 1175 Students
3/10GreatSchools RatingParent Rating AverageMy second child to attend the UHS/UMS schools is a sr this year. Our experience over the past 8 plus years has been far from positive. Our oldest has gone on to do well but I would say it was in spite of his experience at UHS. It is disappointing to see people focus on diversity and inclusivity when the actual education is so poor. A child will not gain knowledge because the classroom they are in is diverse or inclusive. The Stats on this site for the MS and HS paint a clear picture of how the school is failing its students. Both my children had bullying issues in both facilities. Luckily they were capable (taught) to stand up to the situation because the staff/admin have a disciplinary bias and that seldom results in corrective action. UMS/UHS are not as bad as some of the other area schools but that is not saying much. If you have a child in this school system you should stay diligently active and attentive to their experience and progress.Parent Review4y ago - Urbana Middle School
- 6-8
- Public
- 872 Students
2/10GreatSchools RatingParent Rating AverageThe teachers, curriculum, and supportive environment are world class. Appreciate how students come from all over the area to this school, where all have an opportunity to engage. Excellent options for extracurriculars, and the faculty really care. My kid is well prepared to go into high school, and we were pleasantly surprised at the quality of education and commitment by educators, especially as compared to previous experiences in private schools.Parent Review1y ago - Check out schools near 503 S Race St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
What Locals Say about Urbana
- Jl.jackson1005
- Resident
- 2mo ago
"My commute is often comprised of use of I74. My proximity to the highway makes for ease of use and access to all amenities."
- Keriana Robinson
- Resident
- 3mo ago
"I don’t know what they would want get them something fun for them add some treats in the dog park or anything "
- Laurj
- Resident
- 3y ago
"We have Occasional block parties, neighborhood holiday party, and we participate in the neighborhood watch group for our city. Each year the police send out a representative to meet with us and give us relevant tips for safety."
- Laurj
- Resident
- 3y ago
"Our little area is a mix of retirees, empty nesters and young families. People are friendly. We have a neighborhood watch group in place. Children could walk to schools."
- Pamela H.
- Resident
- 4y ago
"It’s great!!! It’s quiet and there aren’t a lot of people that hang around outside. I can go outside at any time and walk my dog. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 503 S Race St
Skip to last item
Skip to first item
Off Market Homes Near 503 S Race St
Skip to last item
- Holdren & Associates, Inc., Closed
- Coldwell Banker R.E. Group, Closed
- See more homes for sale inUrbanaTake a look
Skip to first item
503 S Race St, Urbana, IL 61801 is a 3 bedroom, 2 bathroom multi-family built in 1878. This property is not currently available for sale. 503 S Race St was last sold on Nov 3, 2021 for $130,000 (5% lower than the asking price of $137,000). The current Trulia Estimate for 503 S Race St is $170,100.