401 W Elm St., Urbana, IL 61801

Originally built as a duplex in 1914 401 West Elm had two perfect "mirror image" homes side by side, with back to back stairs, beautiful woodwork, hardwood floors, fireplaces, and 2 kitchens. It spent years operating as a law office being so close to downtown Urbana. Since 2013 it has been opened up to accommodate 10 students with one large renovated kitchen and plenty of common area hangout space. There are 6 large rooms and 4 small rooms in this house with 3 full bathrooms to share. Building comes fully furnished and ready to pick up where it left off. This property is one of 7 that are available as a Package. The portfolio is known as the roundtable houses and you can see the group of them by googling round table house Urbana. Since the Fall of 2012 401 West Elm has housed 10 University of Illinois students at on average $422.50 per bedroom. That amounts to 4225 per month and 50,700 annually. Tenants pay all utilities as a set monthly fee.