About the property

BUILD URBANA - EXCELLENT BUILDING SITE, LARGE LOT, PERFECT FOR RANCH STYLE HOMES, CLOSE TO SHOPPING, SCHOOL, RECREATION, COVENANTS ATTACHED, 1400 SQUARE FT. MIN FOR RANCH, 900 ON GROUND LEVEL FOR MULTI STORY WITH 1800 MIN FOR 2 STORY - TAXES BASED UPON DEVELOPER HELD LAND BUILD URBANA PROGRAM SAVES BUYERS MONEY! Applies to owner-occupied units only Increases new home construction in Urbana Rebates the difference between the total property tax rate in Urbana and Champaign Allows the property owner of a newly constructed single-family home a tax rebate for up to 5 years Also applies to newly constructed land lease condo-miniums, duplexes, zero lot line town homes, and co-ops The home must be within Urbana city limits The homes permit must have been issued BY 12/1/08