709 W California Avenue Urbana, IL ^$ 360,000

709 W California Avenue

^$ 360,000

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Recently Listed

709 W California Avenue

Urbana, IL, 61801

^$ 360,000

Bedrooms8 Baths3.0 Sq 2,450

Monthly Estimate*

^$ 2,273

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Multi-Family Home for sale in Urbana, IL

for $360,000 with 8 bedrooms and 3 full baths. This 2,450 square foot home was built in 1898.

Turnkey investment opportunity in the heart of desirable West Urbana, just minutes from the University of Illinois! The tenants are responsible for all utilities except sanitary service; this property offers immediate cash flow from day one. Whether you're expanding your investment portfolio or purchasing your first income property, this is an excellent opportunity. As a duplex, it may also qualify for attractive residential financing options, including a 30-year fixed-rate loan, helping maximize your long-term return. Don't miss your chance to own a well-maintained, cash-flowing property in a prime campus location with strong rental demand! Many updates have been made in the last couple of years, new siding, new windows, bathroom, bedrooms, landscaping, etc.

Multi-Family Active

Price

^$ 360,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,914

Style

Year Built

1898

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12723769

Features

General

Sewer Public Sewer

Heating Forced Air Baseboard

Possession Closing

Construction Materials Vinyl Siding

Year Built 1898

Township Urbana

Tax Year 2025

Ownership Fee Simple

County Champaign

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 11

Status New

Directions East of Lincoln Ave 1 1/2 blocks south of Illinois St.

High School Urbana High School

City Urbana

High School District 116

MLS Area Urbana

Elementary School Leal Elementary School

Tax Annual Amount 8914

Middle/Junior High School Urbana Middle School

Standard Status Active

Middle/Junior School District 116

Elementary School District 116

Interior

Basement Finished Full

Total Bedrooms 8

Total Baths 3

Bedrooms Possible 8

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Owned

Water Source Public

Total Parking 2

Lot Dimensions 40X119

Waterfront Y/N N

* Excluded Features

List By

The Real Estate Group,Inc

Broker

carol@sellinghomes24-7.com

Affordability Calculator

$3,016

Per Month

Monthly Principal & Interest: $2,273
Monthly Property Taxes: $743
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Urbana, IL

Average List Price ^$464,690

Percent of Sale Price 29%

About Urbana, IL

41,987 Population

11% Since 2002

^$39,331 Median Income

26.41 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1881991 Elementary School

1881592 Middle School

Urbana High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/13/2026	$360,000		Listed Price

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709 W California Avenue, Urbana, IL, 61801 is a Multi-Family Home for sale at $360,000 with 2,450 sqft. 709 W California Avenue has 8 bedrooms, 3.0 baths, and was built in 1898. The property's zip code is 61801 which is in Urbana, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 8/14/2026.

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709 W California Avenue

Multi-Family Home for sale in Urbana, IL

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