704 W Stoughton St

704 W Stoughton St, Urbana, IL 61801

Property Information

  • For Sale $950,000
  • Property Type Multi-Family
  • Property Size 2,500 SF
  • Units 8
  • Date Updated May 8, 2026

Description

Nestled in the thriving neighborhood of Urbana, this area offers an array of attractions and convenience for prospective Multifamily/Low-Rise/Garden investors. Located near the University of Illinois, the property provides access to academic resources, cultural amenities, and employment opportunities. Residents can explore the eclectic dining and entertainment options available in downtown Urbana, just a stone's throw away. Additionally, tranquil parks and recreational facilities offer opportunities for relaxation and leisure. With its blend of urban vitality and academic influence, this location presents an ideal prospect for Multifamily/Low-Rise/Garden investors seeking to capitalize on the dynamic appeal of the area.Presenting an exceptional Multifamily investment opportunity. This property features eight units, including four 1-bedrooms and four studios offering a versatile and promising investment option. With a strategic location in Urbana and great rental history, this multi-unit building provides abundant potential for steady rental income. The property's well-designed layout and ample units cater to the demands of tenants seeking both comfort and convenience. Only one vacant unit out of the 8 while the rest are leased through August 2026.

Highlights

  • 8 Unit Multifamily Investment
  • All 1 Bedroom and Studio Units
  • Located Near Campus to Cater to Student and Non-Student Residents
  • Strong Rental History

Contacts

Jordan Dunahee

Ramshaw Real Estate

Location

Located at 704 W Stoughton St, Urbana, IL 61801, this property is part of the Urbana neighborhood.

Contact Listing Broker
Jordan Dunahee

Ramshaw Real Estate

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