- For Sale $1,350,000
- Property Type Multi-Family
- Property Size 4,000 SF
- Units 12
- Lot Size 0.4 Acre
- Date Updated May 10, 2026
Description
Immerse yourself in the vibrant neighborhood surrounding this Urbana property, offering a diverse array of attractions for prospective Multifamily/Low-Rise/Garden investors. Located near the University of Illinois, the area provides access to academic resources, cultural amenities, and employment opportunities. Residents can explore the dynamic dining and entertainment options available in downtown Urbana, offering a lively atmosphere and diverse experiences. Additionally, tranquil parks and recreational facilities provide an opportunity for relaxation and leisure, enriching the appeal of the area for both investors and potential tenants. With its blend of urban vitality and academic influence, this location presents an ideal prospect for Multifamily/Low-Rise/Garden investors looking to capitalize on the dynamic appeal of the area.Presenting a prime opportunity for Multifamily investors! This building includes 12 units, offering a diverse mix of rental options, including one 4-bedroom unit, one 3-bedroom unit, two 2-bedroom units, three 1-bedroom units, and five studios totaling 19 bedrooms. The property is leased by the bedroom and is fully leased through August 2026. With its varied unit sizes and configurations, this property provides a versatile and promising investment prospect. The strategic location in Urbana ensures the potential for steady rental income and a diversified portfolio.
Highlights
- 12 Unit Multifamily Investment Opportunity
- 19 Bedrooms Leased By the Bedroom
- Fully Leased Through August 2026
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Contacts
Jordan Dunahee
Ramshaw Real Estate
Location
Located at 705 W Main St, Urbana, IL 61801, this property is part of the Urbana neighborhood.
Contact Listing Broker
Jordan Dunahee
Ramshaw Real Estate