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709 W Nevada Street Urbana, IL $ 615,000
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709 W Nevada Street
$ 615,000
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709 W Nevada Street

Urbana, IL, 61801
$ 615,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,837

709 W Nevada Street, Urbana, IL 61801 - Image 1
709 W Nevada Street, Urbana, IL 61801 - Image 2
709 W Nevada Street, Urbana, IL 61801 - Image 3
709 W Nevada Street, Urbana, IL 61801 - Image 4
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709 W Nevada Street, Urbana, IL 61801 - Image 6
709 W Nevada Street, Urbana, IL 61801 - Image 7
709 W Nevada Street, Urbana, IL 61801 - Image 8
709 W Nevada Street, Urbana, IL 61801 - Image 9
709 W Nevada Street, Urbana, IL 61801 - Image 10
709 W Nevada Street, Urbana, IL 61801 - Image 11
709 W Nevada Street, Urbana, IL 61801 - Image 12

Multi-Family Home for sale in Urbana, IL

for $615,000 with 5 bedrooms. This home was built in 1913 on a lot size of 0.18.

Discover an exceptional investment opportunity with this well-maintained 5-unit property in a prime Champaign location just minutes from the University of Illinois campus. The building features four spacious 2-bedroom, 1-bath units plus a larger 3-bedroom, 2-bath unit, offering strong rental appeal for students and professionals alike. Residents enjoy the convenience of on-site laundry located in the basement, as well as dedicated on-site parking-an increasingly rare amenity near campus. With its desirable location, reliable rental demand, and practical updates, this property is an ideal addition to any investor's portfolio.

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Multi-Family Active

Price

$ 615,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 18,621

Style

Lot Size

0.18

Year Built

1913

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12523056
Features
General
Possession Closing
Zoning MULTI
Year Built 1913
Tenant Pays Air Conditioning Electricity Heat
Stories Count 3
Township Cunningham
Tax Year 2024
Gross Income 73500
County Champaign
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions From S Lincoln Ave turn east onto W Nevada St property will be on the right
City Urbana
Number Of Units Total 5
MLS Area Urbana
Lot Size Square Feet 8120
Tax Annual Amount 18621
Electric Expense 3429
Fuel Expense 0
Trash Expense 1098
Water Sewer Expense 1973
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 58x140
Lot Size Acres 0.18
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* Excluded Features
List By
Taylor Realty Associates

Broker

nickt@taylor-realty.com

Email

Affordability Calculator

$5,389
Per Month
71%
29%
0%
Monthly Principal & Interest
$3,837
Monthly Property Taxes
$1,552
Monthly Home Insurance
--
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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2025$615,000 Listed Price

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709 W Nevada Street, Urbana, IL, 61801 is a Multi-Family Home for sale at $615,000 with a lot size of 0.18. 709 W Nevada Street has 5 bedrooms, 0.0 baths, and was built in 1913. The property's zip code is 61801 which is in Urbana, IL

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