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Urbana, IL Multifamily Homes & Duplexes for Sale

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  • /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,LLC-Mahomet

    2017 Philo Rd, Urbana, IL 61802
  • /5

    $319,000

    • 4 Beds
    • 4 Baths

    703 W Oregon St, Urbana, IL 61801

    These newly remodeled apartments feature both hardwood floors and ceramic tile, offering approximately 435 to 560 sq. ft. of living space. Each unit comes fully furnished and includes fiber-optic internet for fast, reliable connectivity. Key features of the property: Gas stoves Air conditioning (Mini-split heat and A/C installed in 2018) On-site laundry facilities Parking available No pets

    Carol Meinhart The Real Estate Group,Inc

    703 W Oregon St, Urbana, IL 61801
  • /36

    $389,999

    • 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 2025 - tenants pay for their electric. Basement unit has new flooring throughout and

    Kimberly Clark RE/MAX REALTY ASSOCIATES-CHA

    212 W High St, Urbana, IL 61801
  • /37

    $200,000

    • 4 Beds
    • 2 Baths

    1105 E Willard St, Urbana, IL 61801

    Great investment opportunity in Urbana, close to U of I. This ranch-style duplex offers two well-maintained units, each featuring 2 bedrooms, 1 full bath, a kitchen equipped with a refrigerator and stove, plus in-unit washer and dryer hookups, central air, and an attached garage. Both units are currently leased through 12/31/25, providing steady rental income. Conveniently located with easy

    Katie Ruthstrom KELLER WILLIAMS-TREC

    1105 E Willard St, Urbana, IL 61801
  • /29

    $479,000

    1008 S Busey Ave, Urbana, IL 61801

    Apartment building with exquisite Character just 1 block from Lincoln Ave and 6 blocks North of Florida. Fantastic location and space. Vintage classic appeal from the Hardwood Doors, Floors, Trim and so much more. 4 expansive 2 bedroom units, 1 very bright -2 bedroom garden unit and a 1 studio unit. Washer, Dryer in basement for students to use. Great off street parking area for each unit that

    Eric Porter The Real Estate Group,Inc

    1008 S Busey Ave, Urbana, IL 61801
  • /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
  • /31

    $350,000

    804 W Oregon St, Urbana, IL 61801

    Outstanding location for this 11 bedroom, 4 bathroom 3,219 SF rooming house for sale! Perfect for a small fraternity, sorority, or student group. This property has great character with hardwood floors, two kitchens, and free parking. View it today!

    Shannon Collins Green Street Realty

    804 W Oregon St, Urbana, IL 61801

About 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, but a vibrant local culture, lush parks and a relatively affordable housing market are some of the things that get residents to stay after graduation.

Urbana’s single-family home selection is mature and varied. City blocks of late 19th-century homes, newly built subdivisions and cul-de-sacs develo ...

Home Trends in Urbana, IL

Home Trends

Median Price (12 Mo)
$199,900
Median Single Family Price
$230,000
Median Townhouse Price
$210,000
Median 2 Bedroom Price
$133,500
Median 1 Bedroom Price
$85,000
Average Price Per Sq Ft
$148
Number of Homes for Sale
73
Last 12 months Home Sales
459
Months of Supply
1.90
Median List Price
$220,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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