- For Sale $700,000
- Property Type Multi-Family
- Property Size 1,218 SF
- Units 2
- Lot Size 0.19 Acre
- Building Class C
- Year Built 1903
- Date Updated Aug 31, 2026
Description
Discover the vibrant surroundings of this Urbana location, perfect for prospective Multifamily/Low-Rise/Garden investors. Situated near the University of Illinois and Carle Foundation Hospital, this area offers a prime location for tenants seeking urban convenience and access to employment hubs. Residents can indulge in the diverse dining and entertainment options in downtown Urbana, while also enjoying the nearby parks and recreational facilities. With its blend of modern amenities and historic charm, this location presents an attractive opportunity for Multifamily/Low-Rise/Garden investors looking to capitalize on the dynamic appeal of the area.Introducing a compelling investment opportunity for Multifamily investors! This property consists of two 4-bedroom units, each leased by the bedroom and fully leased through August 2026. The strategic leasing arrangement ensures a consistent and reliable income stream for investors. Built in 1903, this charming building offers a historic allure and a versatile layout, catering to the desires of discerning tenants. With a solid leasing history and a prime location in Urbana, this property presents an attractive investment prospect with a rich history and the potential for further growth. Don't miss the chance to capitalize on this turnkey Multifamily investment opportunity.
Highlights
- 2 Unit Multifamily with 8 Individual By the Bedroom Leases
- Charming Building in Great Urbana Location
- Fully Leased Through August 2026
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Contacts
Jordan Dunahee
Ramshaw Real Estate
Location
Located at 605 W Green St, Urbana, IL 61801, this property is part of the Urbana neighborhood.
Contact Listing Broker
Jordan Dunahee
Ramshaw Real Estate