1105 E Florida Avenue
Urbana, IL, 61801 $ 274,000
Bedrooms5 Baths4.2 Sq 2,535 Monthly Estimate*
$ 1,687
for $274,000 with 5 bedrooms and 4 full baths, 2 half baths. This 2,535 square foot home was built in 1980.
Exceptional investment opportunity! This well-maintained duplex offers a winning combination of strong rental appeal, quality updates, and long-term value. Thoughtfully improved over the years, this property is truly move-in ready and ideal for investors looking to expand their portfolio or owner-occupants seeking income-producing potential. Each unit features its own attached garage, private fenced backyard with a locking privacy fence, rear deck, crawl space, and 1.5 baths, providing the comfort, convenience, and privacy tenants appreciate. Unit A boasts composite decking on both the front and back decks, while Unit B features composite decking on the front deck. Major exterior updates include vinyl siding and thermopane windows installed in 2009, along with a complete roof replacement in 2020, offering added peace of mind for years to come. Both units are separately equipped with central air conditioning, individual gas furnaces, hot water heaters located in the garages, and charming fireplaces that create a warm and inviting atmosphere. The kitchens come fully equipped with electric stoves, refrigerators, microwaves, garbage disposals, washers, and dryers, making these units attractive and convenient for tenants from day one. Unit A has received numerous updates, including a furnace replacement in 2009, a new air conditioner in 2023, updated stove and refrigerator in 2023, a new garage door in 2023, and additional mechanical and appliance improvements. Unit B features a brand-new furnace installed in April 2026, along with updated appliances, a newer garage door, and other mechanical upgrades completed over the years. With many of the major improvements already completed, this meticulously maintained duplex offers a rare opportunity to acquire a low-maintenance investment property with excellent income potential and lasting value. Don't miss your chance to own a property that combines reliable performance, tenant-friendly amenities, and extensive updates throughout.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Garage Spaces 3
Architectural Style Contemporary
Construction Materials Cedar
Year Built 1980
Township Urbana
Tax Year 2024
Ownership Fee Simple
Gross Income 26100
County Champaign
Insurance Expense 0
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
MaintenanceExpense 0
Total Rooms 6
Status Contingent
Directions From University Ave turn right onto S. Mattis Ave turn left onto W. Kirby Ave and continue to E. Florida Ave to the property.
High School Urbana High School
City Urbana
High School District 116
MLS Area Urbana
Elementary School Wiley Elementary School
Tax Annual Amount 8973
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Urbana Middle School
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 116
Elementary School District 116
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InteriorBasement Crawl Space
Total Bedrooms 5
Total Baths 4
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 2
Total Number of Units 2
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ExteriorParking Features Garage Door Opener Yes Garage Owned Attached Garage
Water Source Public
Total Parking 3
Lot Dimensions 79 X 111
Waterfront Y/N N
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* Excluded FeaturesList ByThe Real Estate Group,IncBroker
carol@sellinghomes24-7.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,687
- Monthly Property Taxes
- $748
- 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.
Learn more about how to save NearbyMulti-family listings in Urbana, IL
Average List Price $412,415
Percent of Sale Price 51%
About Urbana, IL 41,987 Population
11% Since 2002
$ 39,331 Median Income
26.41 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
1880784 Elementary School
1881592 Middle School
Urbana High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/3/2026 | $274,000 | | Listed Price |