402 S Race St

Discover the vibrant community surrounding this Urbana property, where the contemporary meets the historic. Located in the heart of downtown, this area offers an unparalleled blend of urban convenience and small-town charm. Take advantage of proximity to the University of Illinois, Carle Foundation Hospital, and various research and technology hubs. Enjoy easy access to a diverse selection of dining, shopping, and entertainment options, as well as serene parks and recreational facilities. With its rich cultural scene and strong sense of community, this location is perfect for a Multifamily/Low-Rise/Garden investment opportunity.For sale is a 15-unit multifamily investment opportunity in a prime location in downtown Urbana. The building consists of ten 1-bedroom units and five studios. Only one studio unit remains vacant while the rest are leased through the end of July 2026. Laundry and parking is available onsite.