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    Urbana, IL Apartment Buildings for Sale

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    Champaign, IL Savoy, IL Philo, IL Saint Joseph, IL Tolono, IL Thomasboro, IL Mahomet, IL Seymour, IL
    12 properties
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    10-Unit Apartment Building
    Updated: Sep 15
    10-Unit Apartment Building

    705 W Elm Street, Urbana, IL 61801

    $825,000
    0.14 AC lot
    10‑unit apartment building with six 2 BD units and four 1 BD units
    Fully leased for the 2026/2027 school year
    On‑campus Urbana location
    On‑site laundry facility and tenant parking available to rent
    Furnished efficiencies with fiber‑optic internet
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    Multifamily Property with Townhouses
    Updated: Sep 24
    Multifamily Property with Townhouses

    705 E Colorado Avenue, Urbana, IL 61801

    $2,500,000
    0.87 AC lot
    Apartments and townhouses with 1-, 2-, and 3‑bedroom layouts
    0.87‑acre site zoned MULTI
    Built in 1977 with central air
    Fiber‑optic internet access in every apartment
    Secured entry and off‑street parking
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    8-Unit Apartment Building
    8-Unit Apartment Building

    206 Grove Street, Urbana, IL 61802

    $899,000
    0.19 AC lot

    Eight two-bedroom homes include private outdoor space and in-unit laundry.

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    See hot listings in Urbana

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    8-Unit Apartment Building
    8-Unit Apartment Building

    206 Grove St, Urbana, IL 61802

    $899,000
    7,200 sqft

    Each residence has in-unit laundry, a private patio or balcony, and access to surface parking.

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    Furnished Five-Unit Apartment Building
    Furnished Five-Unit Apartment Building

    707 W Elm Street, Urbana, IL 61801

    $575,000

    Furnished apartments offer fireplaces, private outdoor space, assigned parking, and on-site laundry facilities.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    709 W Nevada Street, Urbana, IL 61801

    $589,000
    0.18 AC lot

    Four two-bedroom apartments and one three-bedroom apartment, with basement laundry.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    11-Unit Apartment Property
    11-Unit Apartment Property

    503 W Green Street, Urbana, IL 61801

    $699,900

    Fully leased apartment property with studios, one- and two-bedroom layouts, substantial parking, and MULTI zoning.

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    7-Unit Townhouse-Style Apartments
    7-Unit Townhouse-Style Apartments

    2012 Vawter Street, Urbana, IL 61801

    $529,000

    Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.

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    Apartment Building with Covered Parking
    Apartment Building with Covered Parking

    212 W High Street, Urbana, IL 61801

    $390,000
    0.24 AC lot

    Five residential units each have one bedroom and one bathroom, with coin-operated laundry in the basement.

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    118-Unit Apartment Building
    118-Unit Apartment Building

    502 W Main St, Urbana, IL 61801

    Contact for pricing

    Built in 1962, this 118-unit community offers studio through three-bedroom floorplans near UIUC.

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    Updated Condo with Modern Amenities
    Updated Condo with Modern Amenities

    1310 Brighton Drive #1310, Urbana, IL 61801

    $125,000

    Move-in ready 3-bedroom condo with recent updates and convenient location.

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    Student Rooming House with Parking
    Student Rooming House with Parking

    805 W Oregon Street, Urbana, IL 61801

    Contact for pricing

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

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 12 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

    Opportunities in Nearby Cities

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

    Mixed-Use Apartment Complex
    Mixed-Use Apartment Complex

    2490 N Water Street, Decatur, IL 62526

    $3,450,000
    4.51 AC lot

    Three-building property combines apartments with street-level commercial suites and public transportation access.

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    16-Unit Brick Apartment Buildings
    16-Unit Brick Apartment Buildings

    1942 County Road 3000 North, Rantoul, IL 61866

    $685,000
    63,732 sqft

    Two residential buildings offer a defined unit mix, private utility systems, resident parking, and owner-supplied appliances.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    334 W Main St, Decatur, IL 62522

    Contact for pricing
    14,500 sqft 0.55 AC lot

    Renovated apartments accompany vacant retail and office space in a walkable downtown setting.

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    16-Unit Apartment Complex
    16-Unit Apartment Complex

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot

    Two all-brick residential buildings offer varied one- and two-bedroom layouts with tenant-paid utilities and on-site parking.

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    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

    3000 Philo Rd, Urbana, IL 61801

    Estimated value: by Request
    24.38 AC lot
    View details
    1105 Oregon St
    Multifamily properties

    1105 Oregon St, Urbana, IL 61801

    Estimated value: by Request
    View details

    Urbana, IL Apartment Buildings Market Trends and Statistics

    Explore 14 apartment buildings for sale in Urbana, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 7,200 square feet of properties for sale, with an estimated market value of $8,030,900.

    Sale prices for apartment complexes in Urbana, IL start at $125,000, averaging $803,090, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    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 average listing prices of real estate assets

    Neighborhood Average Price
    61801 $732.1K
    61802 $899K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

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

    How Realmo verifies these figures

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