3202 East University Avenue, Urbana, Illinois, 61802

Highcross Properties is a 1.88 acre parcel on the corner of US Route 150 and Illinois Route 130 in Urbana, IL. Highcross Properties is in a very desirable location with daily traffic counts in excess of 28,000 vehicles per day. Highcross Properties is on the NE side of the intersection, Wal-Mart is on the SE side of the intersection, Aldi's is on the NW side of the intersection, and The United States Post Office occupies the SW side of the intersection. The park is on city water and has its own septic system currently. Each pad has its own electric and gas meters. The park provides water & garbage to the tenants as part of its rental agreement. Park is producing in excess of $40,000 gross revenue annually at the present time.

Active

$339,000

Multi-family

1.88 Acres

MLS

10633548

Built in 1970

Urbana

4647.64 ()

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ADDRESS & DIRECTIONS

  • Street Address: 3202 East University Avenue
  • City: Urbana
  • State: Illinois
  • County: Champaign
  • Subdivision: Urbana
  • Directions:
    Take University/US 150 to the corner of State Rte. 130/High Cross Road. Property north of Walmart.

PROPERTY FEATURES

General Information

  • Parcel Identification Number: 302111351002
  • Multiple Pin Numbers: No

Heating /Cooling Features

  • Heat/Ventilation: Central Bldg Heat,Central Heat/Indiv Controls,Electric,Forced Air,Gas

Construction Features

  • Built Before 1978.

Commercial Features

  • Cap Rate : 6.72 %
  • Current Use: Residential-Multi-Family,Other
  • Frontage/Access: State Road,US Highway

SCHOOLS NEAR 3202 East University Avenue

  • Courtesy of MR. LANDMAN, Jon Fisher
  • Property last updated on MRED : 2/18/2020 11:56:42 AM