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503 W Green Street Urbana, IL $ 749,900
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$ 749,900 Get more info
503 W Green Street
$ 749,900
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Recently Listed New Construction
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503 W Green Street

Urbana, IL, 61801
$ 749,900
Bedrooms3 Baths0.0

Monthly Estimate*

$ 4,617

503 W Green Street, Urbana, IL 61801 - Image 1
503 W Green Street, Urbana, IL 61801 - Image 2
503 W Green Street, Urbana, IL 61801 - Image 3
503 W Green Street, Urbana, IL 61801 - Image 4
503 W Green Street, Urbana, IL 61801 - Image 5
503 W Green Street, Urbana, IL 61801 - Image 6
503 W Green Street, Urbana, IL 61801 - Image 7
503 W Green Street, Urbana, IL 61801 - Image 8
503 W Green Street, Urbana, IL 61801 - Image 9
503 W Green Street, Urbana, IL 61801 - Image 10

Multi-Family Home for sale in Urbana, IL

for $749,900 with 3 bedrooms. This home was built in 1890.

Two separate parcels, 11 units , and potential for more development along High Street, located just blocks away from the vibrant and ever expanding University of Illinois Urbana Campus. The antebellum mansion on the Green Street side is well built and solid, full of charm and history. Current income of $8,800 a month roughly $105,000 in annual gross income. Gross Income projects to jump to $9,400 a month starting August 1, 2026. A mix of 10 one-bedroom and studio apartments, and one two-bedroom, this unit mix stabilized and fully leased, but also has room for rents to be bumped creating instant value. Major Electrical upgrades in 2024. The back lot, 58' x 123', faces High Street, and is currently used for parking. There is a substantial excess of parking, and the best long-term use is probably a duplex or other new construction.

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Multi-Family Active

Price

$ 749,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 19,889

Style

Year Built

1890

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12659646
Features
General
Zoning MULTI
Year Built 1890
Tenant Pays Electricity
Stories Count 3
Township Cunningham
Tax Year 2025
Gross Income 8650
Additional Parcels Description 922117128013
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 Lincoln Avenue eastbound on Green Street house on right
City Urbana
Number Of Units Total 11
MLS Area Urbana
Tax Annual Amount 19889.66
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 60X243
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* Excluded Features
List By
Exp Realty-Champaign

Broker

j@jleman.com

Email

Affordability Calculator

$6,275
Per Month
74%
26%
0%
Monthly Principal & Interest
$4,617
Monthly Property Taxes
$1,657
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/27/2026$749,900 Listed Price

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503 W Green Street, Urbana, IL, 61801 is a Multi-Family Home for sale at $749,900. 503 W Green Street has 3 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 61801 which is in Urbana, IL

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