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Urbana, IL Multifamily Homes & Duplexes for Sale

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  • /33

    $274,000

    • 5 Beds
    • 4 Baths

    1105 E Florida Ave, Urbana, IL 61801

    Well-maintained duplex offering exceptional updates and thoughtful features on both sides! Each unit includes a private fenced-in backyard with a locking privacy fence, rear deck, and crawl space. Unit A has composite wood on both front and back decks. Unit B has composite wood on the front deck. Numerous upgrades throughout, including vinyl siding and thermopane windows installed in 2009 and a

    Agent Photo

    Carol Meinhart

    The Real Estate Group,Inc

    (217) 601-8060

    1105 E Florida Ave, Urbana, IL 61801
  • /24

    $575,000

    2012 Vawter St, Urbana, IL 61801

    Turnkey, updated, and fully rented 7-unit investment opportunity!! Five of the units are spacious townhouse-style 2-bedroom layouts featuring 1.5 bathrooms and generous living space. All units offer great natural light and functional flow. These bi-level townhome-style units rent easily, have smooth turnover, and include central air and designated parking. The property features 5 covered parking

    Judy Fejes Coldwell Banker R.E. Group

    2012 Vawter St, Urbana, IL 61801
  • /2

    $190,000

    • 5 Beds
    • 2 Baths

    210 S Grove St, Urbana, IL 61802

    House hack this converted duplex. Roof less than 10 years old. All upgraded electrical/wiring as well. Baseboard heat upstairs and new HVAC furnace downstairs in 2025. This up and down duplex is a great investment right on the bus line. Great walkability to downtown Urbana. Water billed back in the rent. Both units have laundry setups. Appliances with go with property. Property owner is a

    Noah Ruggieri SVN | North Star

    210 S Grove St, Urbana, IL 61802
  • /17

    $599,000

    709 W Nevada St, Urbana, IL 61801

    Discover an exceptional investment opportunity with this well-maintained 5-unit property in a prime Champaign location just minutes from the University of Illinois campus. The building features four spacious 2-bedroom, 1-bath units plus a larger 3-bedroom, 2-bath unit, offering strong rental appeal for students and professionals alike. Residents enjoy the convenience of on-site laundry located in

    Nick Taylor Taylor Realty Associates

    709 W Nevada St, Urbana, IL 61801
  • /10

    $249,900

    • 2 Beds
    • 2 Baths

    1004 Shurts St, Urbana, IL 61801

    Solid brick duplex producing great income! Side-by-side mirrored 2-bedroom units, each with its own garage in between. Both sides are currently rented for a total of $2,400. Corner lot with a small patio behind each unit. Tenants pay their own separately metered utilities and trash. Great opportunity to purchase an established income-producing property.

    Rick Wilberg eXp Realty-Champaign

    1004 Shurts St, Urbana, IL 61801
  • /15

    $159,900

    • 4 Beds
    • 2 Baths

    1207 N Linview Ave, Urbana, IL 61801

    This well-located Urbana duplex offers an excellent opportunity for both new investors and seasoned portfolio builders! Each unit features 2 bedrooms and 1 full bath, providing comfortable and functional living spaces for tenants. One side has been fully remodeled, showcasing modern updates throughout, including all new appliances, a new hot water heater, and an efficient mini-split A/C system.

    Ryan Dallas RYAN DALLAS REAL ESTATE

    1207 N Linview Ave, Urbana, IL 61801
  • /36

    $410,000

    • 2,204 Sq Ft

    212 W High St, Urbana, IL 61801

    Fantasic mulit-family investment!! 212 W High features 5 one bedroom / 1 bath units with 4 spots of covered parking and additional space for 5th tenant and guests! Coin-operated laundry in basement. Corner lot with lots of green space and wrap around front porch. Building is fully leased through July 2026 - tenants pay for their electric, owner covers heat, water, garbage, lawncare and sewer.

    Kimberly Clark RE/MAX REALTY ASSOCIATES-CHA

    212 W High St, Urbana, IL 61801

Why Live in Urbana

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.

Home Trends in Urbana, IL

Housing Trends

Median Sale Price
$221,000
Median Single Family Sale Price
$240,900
Median Townhouse Sale Price
$289,900
Median 2 Bedroom Sale Price
$140,000
Median 1 Bedroom Sale Price
$90,000
Average Price Per Sq Ft
$155
Number of Homes for Sale
53
Last 12 months Home Sales
458
Months of Supply
1.40
Median List Price
$235,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%
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