Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is already rented to a group for the 2024-25 school year (rent goes up to $5,825 in August). 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.
The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men' s and women' s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.
Build your dream home in the beautiful Stone Creek Subdivision in Urbana! This lot can be purchased with the adjacent lot at 2506 Castlerock to give you the space you deserve and build your home on two lots nestled in the midst of the Atkins Golf Club at the University of Illinois. With views of the course on three sides, your future home would have quick access not only to the premier course that is the home to the Fighting Illini's Men's and Women's golf teams, but also to the clubhouse. Building your home on this lot qualifies for the Think Urbana program where homeowners will have massive savings on real estate taxes for the first 5 years! Don't miss this rare opportunity for 2 adjacent lots in stunning Stone Creek. Call today to discuss the building process and take advantage of this unique opportunity!
Outstanding location for this 11 bedroom, 4 bathroom rooming house for sale! Perfect for a small fraternity, sorority, or student group. This property is currently leased for the 2023-2025 school years at $3,750 but at 400-500 per bedroom could generate more! This property has great character with hardwood floors, two kitchens, and free parking. View it today!
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location.HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location.HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
PRIME land to build condos or zero-lot lines, all on water!. These lots are already subdivided to Multiple PIN Numbers on this as it is zone for condos or duplexes. See Plat Map attached. Think Urbana program allows for tax savings to the builder and tax savings up to 5 years to homeowners. Close to interstate access, shopping and more. Utlities are available up to site to hook onto.
Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.
Do you want a BETTER house, not just a bigger one? Brickhouses Road offers large lots for you to live and grow on, very low county taxes, sustainable living, surrounded by open spaces and nature, located NE of Urbana in the historic Big Grove area. This particular lot is the premium, cul-de-sac lot, the largest one available at one and one quarter acre. The home site is bordered on two sides by farmland and mature trees. Covenants and restrictions have been revised, all brick exteriors are no longer required, just recessive garages and quality exteriors, no vinyl. A passive solar review of your plan is also a prerequisite. All the comforts of city living, only 5 miles from the campus and hospitals. Paved street, Ameren gas and electric, city water, Xfinity cable internet. Six lots available. What does the home of your dreams look like? What kind of special places does it have to support your favorite activities? This is the place for interesting people, who want to build interesting, high-quality, sustainable homes. Free CUSTOM home design assistance provided. Sample home plans available. Bring your imagination and your sketches..
The median home value in Urbana, IL is $196,451. This is higher than the county median home value of $132,800. The national median home value is $219,700. The average price of homes sold in Urbana, IL is $196,451. Approximately 33.19% of Urbana homes are owned, compared to 53.51% rented, while 13.29% 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 42,141. Urbana is less family-centric than the surrounding county with 29.18% of the households containing married families with children. The county average for households married with children is 30.62%.
The median household income in Urbana, Illinois is $34,273. The median household income for the surrounding county is $49,586 compared to the national median of $57,652. The median age of people living in Urbana is 24.3 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 40.4 inches per year, with 23.2 inches of snow per year.