722 S Broadway Avenue Urbana, IL $ 325,000
722 S Broadway Avenue
$ 325,000
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722 S Broadway Avenue

Urbana, IL, 61801
$ 325,000
Bedrooms4 Baths4.0 Sq 1,952

Monthly Estimate*

$ 2,052

722 S Broadway Avenue, Urbana, IL 61801 - Image 1
722 S Broadway Avenue, Urbana, IL 61801 - Image 2
722 S Broadway Avenue, Urbana, IL 61801 - Image 3
722 S Broadway Avenue, Urbana, IL 61801 - Image 4

Multi-Family Home for sale in Urbana, IL

for $325,000 with 4 bedrooms and 4 full baths. This 1,952 square foot home was built in 1947 on a lot size of 0.14.

Well-maintained investment property featuring updated bathrooms throughout and numerous recent improvements. Each unit includes three new windows, providing added natural light and improved energy efficiency. A new roof was installed in 2021, and all PTAC heating and cooling units were replaced in 2025, offering added comfort and efficiency. Conveniently located in Urbana, this property is a great opportunity for investors or owner-occupants seeking a move-in-ready property with valuable updates already completed.

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Multi-Family Active

Price

$ 325,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,040

Style

Lot Size

0.14

Year Built

1947

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12705927

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Negotiable
Construction Materials Stucco
Year Built 1947
Township Cunningham
Tax Year 2025
Ownership Fee Simple
County Champaign
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 3
Status New
Directions Make your way to South Broadway Avenue. Once you're on South Broadway head south toward the downtown/Urbana High School area. Stay on Broadway until you reach 722 S Broadway Ave which will be on your
High School Urbana High School
City Urbana
High School District 116
MLS Area Urbana
Elementary School Urbana Elementary School
Tax Annual Amount 9040
Middle/Junior High School Urbana Middle School
Standard Status Active
Middle/Junior School District 116
Elementary School District 116
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Interior
Basement Finished Daylight
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 50x124
Lot Size Acres 0.14
Waterfront Y/N N
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* Excluded Features
List By
Nate Evans Group

Broker

nate@thenateevansgroup.com

Email

Affordability Calculator

$2,805
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,052
Monthly Property Taxes
$753
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1866534 Elementary School
1881592 Middle School
Urbana High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$325,000 Listed Price

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722 S Broadway Avenue, Urbana, IL, 61801 is a Multi-Family Home for sale at $325,000 with 1,952 sqft and a lot size of 0.14. 722 S Broadway Avenue has 4 bedrooms, 4.0 baths, and was built in 1947. The property's zip code is 61801 which is in Urbana, IL