Add Listing
    Urbana, IL
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Urbana, IL Apartment Buildings for Sale

    Notify Me
    List
    Map
    Champaign, IL Savoy, IL East Peoria, IL
    Urbana Multifamily Investment Opportunity
    $749,900
    Urbana Multifamily Investment Opportunity

    503 W Green Street, Urbana, IL 61801

    Eleven units near University of Illinois campus with development potential.
    • Prime location blocks from the University of Illinois Urbana Campus.
    • Two separate parcels with development potential on High Street.
    • Stable, fully leased 11‑unit property with potential for rent increases.
    • Solid, charming antebellum mansion on Green Street.
    • Current gross annual income of approximately $105,000, projected to increase in 2026.
    Updated: May 27
    View details
    Urbana Multifamily Investment Opportunity
    $589,000
    0.18 Acres
    Urbana Multifamily Investment Opportunity

    709 W Nevada Street, Urbana, IL 61801

    Well-maintained 5-unit property near University of Illinois campus.
    • 5‑unit multi‑family property built in 1913
    • Unit mix includes four 2‑bedroom, 1‑bath units plus one larger 3‑bedroom, 2‑bath unit
    • On‑site laundry available in the basement
    • Dedicated on‑site parking for residents
    • Exterior materials include vinyl siding and stucco
    Updated: Dec 4, 2025
    View details
    Urbana Multifamily Investment Opportunity
    $410,000
    0.24 Acres
    Urbana Multifamily Investment Opportunity

    Fully leased 5-unit building with parking and coin laundry.

    212 W High Street, Urbana, IL 61801

    View details
    Student Rooming House with Parking
    $349,900
    Student Rooming House with Parking

    A 10-bedroom rooming house currently leased through July 2027 with strong student-group fit and on-site parking.

    805 W Oregon Street, Urbana, IL 61801

    View details
    Urbana Multifamily Portfolio
    $5,800,000
    600 SF
    Urbana Multifamily Portfolio

    Six-building, 77-unit multifamily portfolio in Urbana, Illinois.

    2008 Vawter Ave, 1301 Mitchem Dr, 1303 Mitchem Dr, 2006 Vawter Ave, 2004 Vawter Ave, 2017 Vawter Ave, Urbana, IL 61801

    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Champaign Mixed-Use Building
    $1,250,000
    5,865 SF
    Downtown Champaign Mixed-Use Building

    Prime mixed-use property in downtown Champaign with rental income.

    320 N Neil Street, Champaign, IL 61820

    View details
    Mixed-Use Property with Income Potential
    $800,000
    14,500 SF
    Mixed-Use Property with Income Potential

    Value-add investment opportunity in Decatur's downtown commercial corridor.

    334 W Main St, Decatur, IL

    View details
    RETAIL
    $675,000
    11,884 SF
    RETAIL

    Mixed-use properties · 11,884 SF

    248 N Park St, Decatur, IL

    View details
    Downtown Champaign Mixed-Use Building
    $1,995,000
    18,576 SF
    Downtown Champaign Mixed-Use Building

    Historic building with residential and commercial spaces in downtown Champaign.

    112 W Hill Street, Champaign, IL 61820

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

    View details

    Off-Market Properties in Urbana, IL

    Consider similar Off-Market properties in Urbana, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3000 Philo Rd
    Multifamily properties
    Lot: 24.38 Acres
    Value Estimation by Request

    3000 Philo Rd, Urbana, IL 61801

    View details
    1105 Oregon St
    Multifamily properties
    Value Estimation by Request

    1105 Oregon St, Urbana, IL 61801

    View details

    Urbana, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 7 apartment buildings for sale in Urbana, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 600 square feet of properties for sale, with an estimated market value of $5,800,000.

    Sale prices for two-family homes in Urbana, IL start at $5,800,000, averaging $5,800,000, and reaching up to $5,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Property Size Breakdown

    The majority of commercial real estate listings in Urbana fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 47K
    Population Growth (5Y) -5.1%
    Median Household Income $46,466
    College Educated 55.8%

    High-Yield Neighborhoods for Investment

    Identify Urbana submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61801 $1.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Apartment buildings for Sale Near Urbana, IL

    Popular Searches in Urbana, IL

    Popular Categories

    Most Searched ZIP Codes in Urbana, IL

    • 61801

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!