Urbana IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1963
Baths:
2.00
MLS#:
12257453

ADDITIONAL INFORMATION

This Urbana duplex is the perfect chance to kickstart your investment journey, expand your portfolio, or enjoy the best of both worlds by living in one unit and renting out the other! Each side features 2 bedrooms and 1 bathroom. The north unit is move-in ready with fresh updates, including new flooring, modern paint, upgraded cabinets, and more. Giving potential for future income growth. Meanwhile, the south unit is occupied by a long-term tenant on a month-to-month lease, currently paying $650 per month. Don't miss out on this versatile opportunity! Sold As-Is

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1949
Baths:
2.00
MLS#:
12223468

ADDITIONAL INFORMATION

Currently rented through July 2025 this 2 unit duplex offers a fantastic opportunity to add to your investment portfolio! The first unit is a 3 bed, 1 bath and the second is a 1 bed, 1 bath plus a bonus room. Laundry room is shared. Don't miss your chance to own this amazing property!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Baths:
2.00
MLS#:
12190381

ADDITIONAL INFORMATION

Charming 2-Unit Property with Endless Potential! This is the perfect opportunity for someone with vision and ambition to bring this 2-unit property to its full potential. Each unit features 2 bedroom. With updated electrical, a newer furnace, and a water heater, newer roof and siding. Conveniently located just minutes from downtown Urbana, parks, schools, grocery stores, and a variety of restaurants, this property is ideally situated for easy living. Enjoy the large yard, perfect for outdoor activities or gardening, plus the added convenience of off-street parking. Whether you're looking for a solid investment or a rewarding project, this property is an excellent opportunity to create value and transform a space to meet your vision. Don't miss out on this unique chance to invest in an area with great potential!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1966
Baths:
2.00
MLS#:
12187420

ADDITIONAL INFORMATION

Welcome to this rare find and low maintenance all brick 2 unit duplex! Good investment or owner occupied property. You could own one side and rent the other side out. Near to bus line, shopping, tennis court and school. North unit is vacant now and South unit is rented to a month to month tenant. Recent updates include new roof in 2024. For the North unit, new paintings, stove and bathroom set in 2024, new windows in 2023, new window AC, kitchen ceiling light and ladder in 2022. For the south unit, new storm door in 2024, new stove, bathroom set and dryer in 2023, new windows, thermostat and garbage disposal in 2022.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1902
Baths:
2.00
MLS#:
12178213

ADDITIONAL INFORMATION

You deserve the best...and this two unit house gives you an excellent property to start or add to your investment portfolio... and ITS ALREADY PROVIDING INCOME. The main level unit give you fully updated two bedroom, one bath home that is currently leased through August 2025. The 2nd level offers another one bedroom home, and if leased through June 2025. The hardwood floors throughout, updated windows and new kitchen make this easy to love and easier to maintain for owner and tenant. The large exterior space and two car garage and basement space give you extra storage or bonus living space. The second level one bedroom one bath unit is the perfect amount of space for a single tenant or young couple to call home. The second unit has a separate exterior entrance and in unit laundry that allows you to forget you are sharing.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1964
Baths:
2.00
MLS#:
11982227

ADDITIONAL INFORMATION

This duplex located in Urbana is your opportunity to become an investor, grow your portfolio or live in one side and rent the other! Each side has two bedrooms and 1 bathroom, living room and kitchen and many updated items! Plus a 2 car garage that can be shared between units or exclusively rented to one side. This duplex is being sold AS IS ONLY. Roof on this one is 2 1/2 years old.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1964
Baths:
2.00
MLS#:
11982099

ADDITIONAL INFORMATION

This duplex located in Urbana is your opportunity to become an investor, grow your portfolio or live in one side and rent the other! Each side has two bedrooms and 1 bathroom, living room and kitchen and many updated items! Plus a 2 car garage that can be shared between units or exclusively rented to one side. This duplex is being sold AS IS ONLY. Furnace and roof on this unit are 2 1/2 years old. There is a sump in the crawl and each unit has a furnace in the crawl. Water heater about 10 years old

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
14
Baths:
3.00
MLS#:
11958215

ADDITIONAL INFORMATION

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 system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Urbana Real Estate

The median home value in Urbana, IL is $207,500. This is higher than the county median home value of $177,400. The national median home value is $338,100. The average price of homes sold in Urbana, IL is $207,500. Approximately 29.45% of Urbana homes are owned, compared to 57.77% rented, while 12.79% are vacant. Urbana real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Urbana real estate agent to arrange a tour today!

Urbana, Illinois has a population of 39,189. Urbana is less family-centric than the surrounding county with 22.59% of the households containing married families with children. The county average for households married with children is 30.63%.

The median household income in Urbana, Illinois is $37,701. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Urbana is 25.2 years.

Urbana Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.8 inches per year, with 20.7 inches of snow per year.

Urbana Real Estate Market Conditions

  • Median sales price

    $207,500
    14.5% change since last quarter
  • # Active listings

    169
    30-day change

Urbana Schools and Demographics

Education near Urbana, IL

Metric City County
High School Graduates 95.75 94.77
College Degree - 2 year 6.57 8.56
College Degree - 4 year 59.5 45.48
Graduate Degree 20.87 15.4
Expenditures per Student 20,461 20,461
Students per Teacher 13.4 13.4

Elementary Schools near Urbana, IL

School Grades Students P/T Ratio ZIP
Bottenfield Elementary School KG - 05 469 14.9 61820
Champaign Early Chldhd Cntr PK - PK 285 25.9 61820
Dr Howard Elementary School KG - 05 418 13.3 61821
Garden Hills Elementary School KG - 05 542 12.7 61821
International Prep. Academy KG - 01 108 108 61821
Kenwood Elementary School KG - 05 354 13.1 61821
LEAL Elementary School KG - 05 399 13 61801
M L King Jr Elementary School KG - 05 320 9.4 61801
Prairie Elementary School KG - 05 408 11.7 61802
Robeson Elementary School KG - 05 409 14.1 61821
South Side Elementary School KG - 05 292 16.2 61820
Stratton Elementary School KG - 05 472 11.6 61820
Thomas Paine Elementary School KG - 05 312 13.2 61802
Urbana Early Childhood Center PK - PK 311 19.4 61802
Vernon L Barkstall Elementary School KG - 05 475 14.9 61822
Washington Elementary School KG - 05 365 14.2 61820
Westview Elementary School KG - 05 423 13.7 61821
Wiley Elementary School KG - 05 280 14.1 61801
Yankee Ridge Elementary School KG - 05 332 12.4 61801

Middle Schools near Urbana, IL

School Grades Students P/T Ratio ZIP
Edison Middle School 06 - 08 702 14 61820
Franklin Middle School 06 - 08 660 12.3 61820
Jefferson Middle School 06 - 08 711 12.2 61821
Urbana Middle School 06 - 08 935 11.6 61801

High Schools near Urbana, IL

School Grades Students P/T Ratio ZIP
Centennial High School 09 - 12 1,440 14.2 61821
Central High School 09 - 12 1,185 12.3 61820
Novak Academy 09 - 12 47 11.8 61820
Urbana High School 09 - 12 1,029 12.1 61801

Ungraded Schools near Urbana, IL

School Grades Students P/T Ratio ZIP
* University of Illinois High School 08 - 12 317 61801
Actions Program KG - 12 0 0 61820
R E A D Y Program 06 - 12 89 6.6 61820

Demographics near Urbana, IL

Metric City County
Neighborhood Type
Population 39,189 206,583
Population Density 3,316 207
Median Age 25.2 30.6
People per Household 2 2.3
Median Household Income 37,701 56,939
Average Income per Capita 26,403 32,971