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3202 Chatham Drive Urbana, IL $ 395,000
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3202 Chatham Drive
$ 395,000
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3202 Chatham Drive

Urbana, IL, 61802
$ 395,000
Bedrooms9 Baths7.4 Sq 3,510

Monthly Estimate*

$ 2,432

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Multi-Family Home for sale in Urbana, IL

for $395,000 with 9 bedrooms and 7 full baths, 4 half baths. This 3,510 square foot home was built in 1981 on a lot size of 0.3.

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.

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Multi-Family Active

Price

$ 395,000

Bedrooms

9

Full Bath

7

Half Bath

4

Property Type

Multi-Family

Taxes

$ 11,192

Style

Lot Size

0.3

Year Built

1981

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12561618
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1981
Township Urbana
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks
County Champaign
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Deerfield Trails
Total Rooms 15
Status New
Directions Philo Rd. South of Windsor E on Trails Dr N on Chatham
High School Urbana High School
City Urbana
High School District 116
MLS Area Urbana
Elementary School Thomas Paine Elementary School
Tax Annual Amount 11192
Middle/Junior High School Urbana Middle School
Standard Status Active
Middle/Junior School District 116
Elementary School District 116
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Interior
Basement Unfinished Full
Total Bedrooms 9
Total Baths 7
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 4
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Garage Yes Garage Owned Detached
Water Source Public
Total Parking 2
Lot Dimensions 68x148.83x85x82.01x106.56
Lot Size Acres 0.3
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams-Trec

Broker

danwang@kw.com

Email

Affordability Calculator

$3,365
Per Month
72%
28%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$933
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1880378 Elementary School
1881592 Middle School
Urbana High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/2/2026$395,000 Listed Price

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3202 Chatham Drive, Urbana, IL, 61802 is a Multi-Family Home for sale at $395,000 with 3,510 sqft and a lot size of 0.3. 3202 Chatham Drive has 9 bedrooms, 7.4 baths, and was built in 1981. The property's zip code is 61802 which is in Urbana, IL

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