802 W Illinois Street Urbana, IL ^$ 545,000

802 W Illinois Street

^$ 545,000

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802 W Illinois Street

Urbana, IL, 61801

^$ 545,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 3,400

802 W Illinois Street, Urbana, IL 61801 - Image 1

Multi-Family Home for sale in Urbana, IL

for $545,000 with 3 bedrooms. This home was built in 1900.

Unbelievable chance to own a 10 unit building half a block from the University of Illinois. This property carries all the vintage appeal of an old school building and is next to Campus. This building contains 1 2bedroom apartment, 6 1bedroom apartments, and 3 studio units. Units are fully furnished and tenants pay their own gas oven and electric. Owner pays heat, water, sewer, trash, recycling, and wifi. Land is zoned r5.

Multi-Family Pending

Price

^$ 545,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 12,763

Style

Year Built

1900

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12490667

Features

General

Year Built 1900

Tenant Pays Electricity

Stories Count 3

Tax Year 2024

Gross Income 86880

County Champaign

Net Operating Income 0

Operating Expense 0

Insurance Expense 5000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Pending

Directions Northwest corner of West Illinois and South Busey

City Urbana

Number Of Units Total 10

MLS Area Urbana

Tax Annual Amount 12763

Electric Expense 0

Fuel Expense 500

Trash Expense 60

Water Sewer Expense 150

Additional Parcels Y/N N

Standard Status Pending

Exterior

Lot Dimensions 12442

* Excluded Features

List By

Weiner Co., Ltd.

Broker

jonahweisskopf@hotmail.com

Affordability Calculator

$4,464

Per Month

Monthly Principal & Interest: $3,400
Monthly Property Taxes: $1,064
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Urbana, IL

Average List Price ^$334,290

Percent of Sale Price 39%

About Urbana, IL

41,987 Population

11% Since 2002

^$39,331 Median Income

26.41 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/8/2025	$545,000		Listed Price

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802 W Illinois Street, Urbana, IL, 61801 is a Multi-Family Home for sale at $545,000. 802 W Illinois Street has 3 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 61801 which is in Urbana, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/10/2025.

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802 W Illinois Street

Multi-Family Home for sale in Urbana, IL

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