- For Sale $1,800,000
- Property Type Multi-Family
- Property Size 4,000 SF
- Units 13
- Lot Size 0.15 Acre
- Date Updated May 3, 2026
Description
Immerse yourself in the vibrant community surrounding the property in Urbana, IL. Nestled in a dynamic neighborhood, the area offers an array of conveniences and attractions just moments from downtown. Residents will enjoy easy access to charming local cafes, dining hotspots, and inviting outdoor spaces. Nearby cultural and entertainment venues, including the Krannert Center for the Performing Arts and the Spurlock Museum, provide enriching experiences for residents. With the prestigious university in close proximity, this well-connected and lively community is an ideal setting for a Multifamily / Low-Rise/Garden investment.13 unit multifamily investment opportunity. This building is leased out by bedroom and consists of nine 2-bedroom units and four 1-bedroom units. The building has 21 of the 22 bedrooms leased through August, 2026. Strong rental history and a great location in Urbana make this a great add to any portfolio.
Highlights
- 13 Unit Multifamily Investment in Great Location
- Currently Leased By the Bedroom
- Strong Rental History
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Contacts
Jordan Dunahee
Ramshaw Real Estate
Location
Located at 302 S Cedar St, Urbana, IL 61801, this property is part of the Urbana neighborhood.
Contact Listing Broker
Jordan Dunahee
Ramshaw Real Estate