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3202 Chatham Drive Urbana, IL 61802 Multi Unit - Multiple New

New - 39 Hours Ago
  • 3202 Chatham Drive , Urbana, IL 61802 Main Photo

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Description

A truly unique property with serious investment value. This Urbana home is a side-by-side duplex located in the desirable Deerfield Trails neighborhood. Unit A has 3 bedrooms, 2 half baths + 1 full bath. Unit B boasts a whopping 6 bedrooms, 2 half baths + 2 full baths and currently rents for $2,475 / month. Perfect opportunity to House Hack, where owner lives in Unit A while renting out Unit B. Or maximize rent value by renting out Unit A for an additional $1500-$1800/month. But wait, there's more! There is also a detached garage with two separated units (one currently vacant) along with an upstairs space - all of which could be rented out as storage for even more income. As if that weren't enough, Unit A also contains an unfinished 3rd floor which can be finished to add an additional 3 bedrooms and 1 full bathroom. Each Unit has a full unfinished basement with washer & dryer. Great location + well-maintained home + endless potential = an opportunity you will NOT want to miss! This property is broker owned.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 7
County: Champaign
High School: Urbana High School
Subdivision: Deerfield Trails
Listed By:
KELLER WILLIAMS-TREC 217-356-6100
MRED MLS
$395,000
Est. $2,509/mo
9beds
7baths
2cars
New to the Market New
BEDS9 BATHS7 full MLS#12561618
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDeerfield Trails SCHOOLDistrict 116

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Ruhl&Ruhl Realtors
563.441.1776

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3202 Chatham Drive , Urbana, IL 61802.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $395,000$395,000$395,000
Down Payment $79,000$13,825$98,750
Monthly Mortgage Amount $1,844$2,263$2,362
Taxes $550$550$550
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$174$0
Monthly Estimated Total $2,509$3,102$3,027

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