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Urbana, IL Apartment Buildings for Sale

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6 results
Urbana Multifamily Investment Opportunity
$410,000
0.24 Acres

Urbana Multifamily Investment Opportunity

212 W High Street, Urbana, IL 61801

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

  • Fully leased through July 2026, providing immediate rental income.
  • Five one‑bedroom, one‑bath units offer a desirable tenant configuration.
  • Four covered parking spots plus additional space for a fifth tenant and guests.
  • Coin‑operated laundry in the basement provides additional income.
  • Corner lot with ample green space and a wrap‑around front porch enhances curb appeal.
Updated: Nov 24, 2025
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Renovated Multifamily Property in Urbana
$875,000

Renovated Multifamily Property in Urbana

1306 Silver Street, Urbana, IL 61801

Fully renovated multifamily property with immediate upside in Urbana, Illinois.

  • Fully renovated property significantly reducing capital expenditure risk.
  • High‑demand unit mix of spacious 2BR/1BA apartments.
  • Immediate upside through rent stabilization with below‑market rents.
  • Advertised pro forma cap rate near 8.0%.
  • New appliances in all units, creating a move‑in‑ready offering.
Updated: Feb 6
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Well-Maintained 5-Unit Near Campus
$599,000
0.18 Acres

Well-Maintained 5-Unit Near Campus

Prime location near University of Illinois with on-site parking.

709 W Nevada Street, Urbana, IL 61801
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Fully Leased Urbana Multifamily Property
$275,000
0.23 Acres

Fully Leased Urbana Multifamily Property

Five-unit building near downtown Urbana, fully leased with remodeling.

202 S Grove Street, Urbana, IL 61802
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Updated Condo with Modern Amenities
$125,000

Updated Condo with Modern Amenities

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

1310 Brighton Drive #1310, Urbana, IL 61801
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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
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 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.

Explore 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
0.08 Acres

Downtown Champaign Mixed-Use Building

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

320 N Neil Street, Champaign, IL 61820
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Downtown Champaign Apartment Building Investment
$5,000,000
0.17 Acres

Downtown Champaign Apartment Building Investment

32-unit apartment building in downtown Champaign with strong leasing history.

11 E Columbia Avenue, Champaign, IL 61820
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RETAIL
$675,000
11,884 SF

RETAIL

Mixed-use properties · 11,884 SF

248 N Park St, Decatur, IL
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Downtown Decatur Mixed-Use Investment
$675,000
11,884 SF

Downtown Decatur Mixed-Use Investment

Mixed-use property with commercial and residential spaces in Decatur.

248 N Park St, Decatur, IL 62523
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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 Opportunity
$2,750,000
29.20 Acres

Prime Development Land Opportunity

29.2 acres of retail-zoned land in Springfield, Missouri.

N West Bypass, Springfield, MO 65802
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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
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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
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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
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Explore 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

3000 Philo Rd

Multifamily properties • 24.38 Acres
Value Estimation by Request
3000 Philo Rd, Urbana, IL 61801
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1105 Oregon St

1105 Oregon St

Multifamily properties
Value Estimation by Request
1105 Oregon St, Urbana, IL 61801
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Urbana, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 8 apartment buildings for sale in Urbana, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 28,314 square feet of properties for sale, with an estimated market value of $1,284,000.

Sale prices for two-family homes in Urbana, IL start at $275,000, averaging $428,000, and reaching up to $599,000 — 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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