Two Beautiful Side-by-Side Building Lots inside the city limits. The parcels are being sold together and the listed price is for both. Utility hookups are already installed. Other improvements include a new roadway, new curb, and sidewalks. Close to vibrant, Historic Downtown Urbana, both lots are located within the City of Urbana's Community Reinvestment area which may be utilized for a potential property tax abatement for eligible residential new construction projects. Zoned R-2 (Medium Density Residential), a single-family home is a principal use, and a duplex would require conditional use approval through the city's Board of Zoning Appeals. It is the sole responsibility of the buyer to verify all building and zoning regulations/requirements/potential abatement.
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