2012 VAWTER Avenue Urbana, IL $ 575,000
2012 VAWTER Avenue
$ 575,000
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2012 VAWTER Avenue

Urbana, IL, 61801
$ 575,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 3,540

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Multi-Family Home for sale in Urbana, IL

for $575,000 with 3 bedrooms. This home was built in 2001.

Turnkey, updated, and fully rented 7-unit investment opportunity!! Five of the units are spacious townhouse-style 2-bedroom layouts featuring 1.5 bathrooms and generous living space. All units offer great natural light and functional flow. These bi-level townhome-style units rent easily, have smooth turnover, and include central air and designated parking. The property features 5 covered parking spaces plus 2 additional off-street spots. There is also a basement common area with designated spaces for laundry units along with tenant storage. Potential for increased rental income with HACC vouchers offering 2-bedroom units up to $1,122 and 1-bedroom units up to $934, creating a total potential cash flow of $7,478/month. Tenants pay their own gas, electric, and water, helping maximize returns. This conscientious owner has invested approximately $100,000 in improvements, including a new roof, multiple HVAC systems, and extensive unit renovations. A full list of upgrades is available in additional documents. Fully rented and meticulously maintained, this is a rare opportunity to step into immediate cash flow from day one!

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Multi-Family Active

Price

$ 575,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 11,074

Style

Multi-Family

Year Built

2001

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12605088

Features
General
Sewer Storm Sewer
Cooling Central Air
Possession Closing Tenant's Rights
Zoning MULTI
Construction Materials Wood Brick Vinyl Siding
Year Built 2001
Electric Service - 0 to 100 Amps
Tenant Pays Electricity Heat Water Hot Water
Stories Count 2
Township Urbana
Tax Year 2024
Current Use Multi-Family
Gross Income 78000
County Champaign
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions PHILO ROAD - WEST ON SILVER NORTH ON VAWTER
City Urbana
Number Of Units Total 7
MLS Area Urbana
Tax Annual Amount 11074
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Water Source Municipal Water
Lot Dimensions 100X137
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* Excluded Features
List By
Coldwell Banker R.E. Group

Broker

judy@judyfejes.com;judyfejes@gmail.com

Email

Affordability Calculator

$4,463
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$923
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
4/3/2026$575,000 Listed Price

Map


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2012 VAWTER Avenue, Urbana, IL, 61801 is a Multi-Family Home for sale at $575,000. 2012 VAWTER Avenue has 3 bedrooms, 0.0 baths, and was built in 2001. The property's zip code is 61801 which is in Urbana, IL