305 N Elizabeth St., Tolono, IL 61880

305 N Elizabeth St., Tolono, IL 61880
Photo 1 of 2
$370,000
Sold on 7/31/25
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $5,124.74 1965
On the market: 85 days
View full details, 15 photos, school info, and price history
Investment Opportunity: Fully Leased Four-Unit Apartment Building in Tolono, IL We are pleased to present this well-maintained, brick exterior apartment building in Tolono, IL, just south of the vibrant Champaign-Urbana area. This property, which boasts a long history of full occupancy, offers four spacious 2-bedroom, 1-bathroom units, each approximately 782 SF. The units feature large kitchens and inviting living areas, making them highly desirable for tenants. Included with the property is a five-car garage along with a shared laundry facility that generates supplementary revenue. The building has been locally owned and carefully managed, with a new roof installed just 10 years ago. Property has well maintained landscaping. Tolono's strong rental market presents an excellent opportunity for future rent growth, making this a prime addition to any investment portfolio. Don't miss out on this well-established, income-generating property with long-term potential. Additional photos coming soon. Tours require 24-hour tenant notice.
Listing courtesy of Jill Guth, GUTH & ASSOCIATES,LLC