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705 W Elm Street Urbana, IL $ 825,000
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$ 825,000 Get more info
705 W Elm Street
$ 825,000
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705 W Elm Street

Urbana, IL, 61801
$ 825,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 5,209

705 W Elm Street, Urbana, IL 61801 - Image 1
705 W Elm Street, Urbana, IL 61801 - Image 2
705 W Elm Street, Urbana, IL 61801 - Image 3
705 W Elm Street, Urbana, IL 61801 - Image 4
705 W Elm Street, Urbana, IL 61801 - Image 5

Multi-Family Home for sale in Urbana, IL

for $825,000 with 3 bedrooms. The lot size is 0.14.

On Campus investment opportunity. 10-unit building with six 2 BD units and four 1 BD units. Gross Monthly income is $9,770. Parking is available to rent to tenants. There is an on-site laundry facility. The efficiencies are fully furnished and include fiber-optic internet. Each unit includes a window air conditioner. Each kitchen has a gas stove. Room to bump rents. Fully leases for 2026/2027 School year. Financials attached.

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Multi-Family Active

Price

$ 825,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 18,952

Style

Lot Size

0.14

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12760030
Features
General
Cooling Window Unit(s)
Possession Closing
Year Built 0
Tenant Pays Varies by Tenant
Stories Count 3
Township Cunningham
Tax Year 2025
Gross Income 104880
County Champaign
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions I74 E S ON LINCOLN E ON SPRINGFIELD S ON COLER W ON ELM
City Urbana
Number Of Units Total 10
MLS Area Urbana
Tax Annual Amount 18952.22
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
Lot Dimensions 133X60X103
Lot Size Acres 0.14
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* Excluded Features
List By
Exp Realty-Champaign

Broker

j@jleman.com

Email

Affordability Calculator

$6,788
Per Month
77%
23%
0%
Monthly Principal & Interest
$5,209
Monthly Property Taxes
$1,579
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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/15/2026$825,000 Listed Price

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705 W Elm Street, Urbana, IL, 61801 is a Multi-Family Home for sale at $825,000 with a lot size of 0.14. 705 W Elm Street has 3 bedrooms and 0.0 baths. The property's zip code is 61801 which is in Urbana, IL

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