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Urbana, IL Multifamily Homes & Duplexes for Sale

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  • /35

    $3,825,000

    • 51,046 Sq Ft

    1601 N Willow Rd, Urbana, IL 61801

    Offering two building multi-family complex in Urbana, IL one block west of Cunningham Avenue and just south of the Interstate 74 interchange. Property is situated on the northwest corner of Country Club Road and Willow Road in Urbana. The property boasts 51 apartments comprised of 22 one-bedroom units and 29 two-bedroom units. Current ownership has invested over $1,200,000 in

    Jill Guth GUTH & ASSOCIATES,LLC

    1601 N Willow Rd, Urbana, IL 61801
  • /7

    $319,900

    604 W Main St, Urbana, IL 61801

    This is a 6-unit apartment house with four 1-bedroom apartments and 2 efficiencies. With a close location to the University of Illinois, Downtown Urbana, and both hospitals, this property leases up quickly. Great rental history, super condition, and very clean. Great investment opportunity. New siding, carpeting, and some appliances have been replaced, flat portion of the roof has been replaced.

    Tim Hoss RE/MAX Choice

    604 W Main St, Urbana, IL 61801
  • /36

    $139,000

    • 3 Beds
    • 2 Baths

    401 S Maple St, Urbana, IL 61801

    Investment Opportunity in the heart of Urbana - Fully Rented Duplex. Situated in a desirable Urbana neighborhood, this property offers proximity to local amenities and the University of Illinois campus. With both units occupied, it offers immediate rental income and long-term potential. Don't miss your chance to invest in Urbana's rental market. Contact your real estate professional today to

    Nate Evans eXp Realty-Mahomet

    401 S Maple St, Urbana, IL 61801
  • /5

    $950,000

    2017 Philo Rd, Urbana, IL 61802

    This 24-unit apartment building in Urbana, Illinois, offers a rare and highly sought-after opportunity for investors seeking a true value-add project. All units are currently vacant and in need of renovation, presenting significant upside through capital improvements and repositioning. Each unit is a 1-bedroom, 1-bath layout similar to stabilized properties nearby, with market rents ranging

    Nate Evans eXp Realty-Mahomet

    2017 Philo Rd, Urbana, IL 61802
  • /20

    $449,000

    • 14 Beds
    • 3 Baths

    806 W Ohio St, Urbana, IL 61801

    Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric

    Philip Fiscella Abe Lincoln Realty

    806 W Ohio St, Urbana, IL 61801

Why Live in Urbana

With a population of 38,000 in central Illinois, Urbana makes up the east end of the Champaign-Urbana community. Connected to its counterpart through the campus of University of Illinois Urbana-Champaign, people may come to town for the university, ...

Home Trends in Urbana, IL

Housing Trends

Median Sale Price
$325,000
Median Single Family Sale Price
$315,000
Median Townhouse Sale Price
$335,900
Median 2 Bedroom Sale Price
$129,950
Average Price Per Sq Ft
$197
Number of Homes for Sale
9
Last 12 months Home Sales
130
Months of Supply
0.80
Median List Price
$315,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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