603 W Green Street Urbana, IL $ 975,000
603 W Green Street
$ 975,000
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603 W Green Street

Urbana, IL, 61801
$ 975,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 6,003

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Multi-Family Home for sale in Urbana, IL

for $975,000 with 6 bedrooms. This home was built in 1919 on a lot size of 0.23.

This gorgeous Tudor-style multifamily asset combines historic charm with strong, stable income performance. Individual units feature hardwood flooring, original crown molding, and beautiful built-ins, offering architectural character that consistently appeals to tenants. The three-bedroom units include stunning sunrooms, adding highly desirable living space and enhanced tenant appeal. All units except the basement apartment feature covered rear balconies, providing private outdoor space that further differentiates the property in the market. The updated galley kitchens offer functional layouts with direct access to outdoor areas, ideal for relaxing or entertaining. The property is seconds from downtown Urbana and the University of Illinois campus, a premier location that supports consistent demand. Additional amenities include off-street parking and free laundry located in the shared basement. The building consists of four 3-bedroom units, two 2-bedroom units, and one 1-bedroom basement unit, creating a strong and flexible unit mix for both student and professional tenants. The property is fully leased through 2026, with multiple tenants already renewed for the 2026-2027 leasing season, delivering immediate and predictable cash flow. The asset has been managed in-house by the owner, a licensed Realtor, demonstrating pride of ownership and consistent oversight. This offering represents a turnkey, stabilized investment opportunity in one of Urbana's most desirable rental corridors.

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Multi-Family Active

Price

$ 975,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 20,387

Style

Multi-Family

Lot Size

0.23

Year Built

1919

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12548899

Features
General
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Closing
Roof Composition Membrane Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1919
Electric Circuit Breakers
Stories Count 3
Township Urbana
Tax Year 2024
Current Use Multi-Family
Gross Income 144300
County Champaign
Net Operating Income 34710
Operating Expense 25162
Insurance Expense 9890
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status New
Directions GREEN ST 2.5 BLOCKS EAST OF LINCOLN AVENUE
City Urbana
Number Of Units Total 7
MLS Area Urbana
Lot Size Square Feet 10216
Tax Annual Amount 20387
Electric Expense 722
Fuel Expense 3970
Trash Expense 880
Water Sewer Expense 6296
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement Partially Finished
Total Fireplaces 0
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Exterior
Water Source Municipal Water
Lot Dimensions 60.5X121.5 AND 47.25X60.5
Lot Size Acres 0.23
Frontage Type City Street
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* Excluded Features
List By
Re/Max Realty Associates-Cha

Broker

kimberlysuzanneclark@gmail.com

Email

Affordability Calculator

$7,702
Per Month
78%
22%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$1,699
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/16/2026$975,000 Listed Price

Map


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603 W Green Street, Urbana, IL, 61801 is a Multi-Family Home for sale at $975,000 with a lot size of 0.23. 603 W Green Street has 6 bedrooms, 0.0 baths, and was built in 1919. The property's zip code is 61801 which is in Urbana, IL