$274,000
- 5 Beds
- 4 Baths
1105 E Florida Ave, Urbana, IL 61801
Carol Meinhart
The Real Estate Group,Inc
(217) 601-8060
$274,000
1105 E Florida Ave, Urbana, IL 61801
Carol Meinhart
The Real Estate Group,Inc
(217) 601-8060
$575,000
2012 Vawter St, Urbana, IL 61801
Judy Fejes Coldwell Banker R.E. Group
$190,000
210 S Grove St, Urbana, IL 61802
Noah Ruggieri SVN | North Star
$599,000
709 W Nevada St, Urbana, IL 61801
Nick Taylor Taylor Realty Associates
$249,900
1004 Shurts St, Urbana, IL 61801
Rick Wilberg eXp Realty-Champaign
$159,900
1207 N Linview Ave, Urbana, IL 61801
Ryan Dallas RYAN DALLAS REAL ESTATE
$410,000
212 W High St, Urbana, IL 61801
Kimberly Clark RE/MAX REALTY ASSOCIATES-CHA
Urbana, a lively college town in central Illinois with a population of 38,000, forms the eastern part of the Champaign-Urbana community. The city is closely tied to the University of Illinois Urbana-Champaign, which is renowned for its engineering, business, social science, and computer science programs. Urbana High School is also highly rated, making the area appealing for families. The housing market features a mix of late 19th-century homes, 1970s and 1980s subdivisions, and newly built areas, with a median home value of about $198,000. The city’s residential areas are popular among university employees, hospital staff, and young families. Urbana offers a variety of things to do, including visiting Meadowbrook Park with its large playground and sculpture garden, and Carle Park, which features a bronze statue of Abraham Lincoln. The University of Illinois Arboretum provides a botanical garden experience. Downtown Urbana is home to local stores and restaurants, including the Common Ground Food Co-op and Schnucks supermarket. The city hosts several music festivals, such as the Pygmalion Music Festival and the Audiofeed Music Festival, and has venues like the Canopy Club and Rose Bowl Tavern. Urbana is well-connected by Interstate 74 and Route 150, and public transportation is available through the Champaign-Urbana Mass Transit District. The University of Illinois Willard Airport is about 8 miles away, and long-distance travel options include the Champaign-Urbana Amtrak station.
On average, homes in Urbana, IL sell after 38 days on the market compared to the national average of 57 days. The median sale price for homes in Urbana, IL over the last 12 months is $221,000, up 13% from the median home sale price over the previous 12 months.
In Urbana, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $159,900 to $599,000, there's a range to accomodate every budget. As of May, 2026 the median home price in Urbana is $235,000, while the average sale price is $242,166, offering insights into the local housing market. On average, multi-family homes spend 38 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Urbana, IL.