205 Park St Urbana, IL 61801

This beautifully remodeled 1894 two-story home at 205 W Park St, Urbana, IL 61801, offers 2,047 square feet of living space and presents a compelling investment opportunity. The property, a mixed-use multifamily building suitable for student housing or single-family rentals, boasts a newly opened main level seamlessly integrating living and family rooms, creating a flexible space. A striking stone fireplace anchors the main level, which also includes a bedroom, full bathroom, laundry closet, and an updated kitchen with new cabinets, a stylish backsplash, and a breakfast bar. Upstairs, a generous main bedroom suite with an en-suite bathroom is complemented by two additional bedrooms and a full hall bathroom. Significant updates include new windows, enhanced electrical and plumbing, newer trim, modern light fixtures, and new flooring. The unfinished basement provides ample storage. Located across from a renovated park with lake access and rental facilities, this property is also conveniently close to downtown Urbana, Carle Hospital, and various amenities. The asking price is $225,000, translating to $109.92 per square foot. This property is ideal for both owner-occupancy and rental income generation.