The median home value in Urbana, IL is $207,500.
This is
higher than
the county median home value of $170,000.
The national median home value is $308,980.
The average price of homes sold in Urbana, IL is $207,500.
Approximately 34% of Urbana homes are owned,
compared to 55% rented, while
11% are vacant.
Urbana real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Urbana real estate agent to arrange a tour today!
Learn more about Urbana.
Offering two building multi-family complex in Urbana, IL one block west of Cunningham Avenue and just south of the Interstate 74 interchange. Property is situated on the northwest corner of Country Club Road and Willow Road in Urbana. The property boasts 51 apartments comprised of 22 one-bedroom units and 29 two-bedroom units Most of the units have been renovated and refreshed with 15 units undergoing renovations currently. Current ownership has invested over $1,200,000 in renovations/repairs since 2022. Each building has a shared laundry facilities on the second floor for one-bedroom units to utilize, while two-bedroom units have washer/dryer within the units. Apartments are very spacious, and upgrades include new flooring, painting, kitchen upgrades, new appliances. The entire exterior of this property has been improved including new roof, siding, windows, painting and much more. A large courtyard is situated between the two buildings providing an area for tenants to relax and creates a sense of community. The on-site parking lot accommodates 82 vehicles. The property is located near Crystal Lake Park, Busey Woods, Anita Pervis Nature Center and Urbana Country Club. These outdoor facilities are within walking distance and provides recreational opportunities for tenants.
Don't miss your chance to own this well-situated apartment complex! It is perfectly placed in a quiet Urbana neighborhood, but still close to everything Champaign-Urbana has to offer! This building features 1, 2 and 3 bedroom apartments and townhouses. Secured entry and free off-street parking. It is a half block to the Red line and 2 blocks to the Green St, both take you to the central terminal downtown and to the University of Illinois campus. Grocery and convenience shopping nearby and there is fiberoptic internet access to every apartment. This is a great investment opportunity!
This Fraternity/Sorority/Group House is located in Core Campus District. Site has adequate parking with Frontage on Oregon just 1/2 block east of Lincoln Ave and Cafe Paradiso. ZONING IS R7 HIGH DENSITY, POSSIBLE REDEVELOPMENT?? - PLEASE CHECK WITH CITY OF URBANA. Awesome Location!!!
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.
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 $3,500 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!
Outstanding Location for this 10 bedroom, 3 bath rooming house for sale! The main floor has been updated with fresh paint and renovated kitchen. Literally across the street from campus! Perfect for a small fraternity, sorority, or student group looking to find a home. This building is located in a federal designated opportunity zone. The property is rented through August 2024 at $2,500 per month. The mechanicals were new in 2022 and the house is in great shape. View it today!
This building is beautiful and is exploding with charm. Built in 1918, this property was designed as a fraternity house but has so much potential to be used for other purposes. It is zoned R-7 University Residential Zoning District, which permits a boarding or rooming house, dormitory dwelling, community living facility, multiple-unit common-lot-line, church, temple, business mixed-use planned unit development, bed and breakfast (owner occupied), and more! This well maintained 3-story, 65 bed property is perfectly located in an opportunity zone and includes 17,255 SF and features 15 bedrooms on the 2nd floor and 9 on the 3rd floor with dorm style bathrooms. The main floor includes a living room, sun room/courtroom, tv room, dining room, and a commercial kitchen that has the prep ability for 100-300 people. The basement includes a laundry room, and storage. This property is in a prime location near campus with close proximity to shopping and restaurants. Don't miss this opportunity!
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