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    Urbana, IL Apartment Buildings for Sale

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    Champaign, IL Savoy, IL East Peoria, IL Philo, IL Saint Joseph, IL Peoria, IL Tolono, IL Thomasboro, IL
    12 properties
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    8-Unit Apartment Building
    Updated: Jun 10
    8-Unit Apartment Building

    206 Grove Street, Urbana, IL 61802

    $899,000
    0.19 AC lot
    8‑unit multifamily property with eight two‑bedroom, one‑bathroom apartments
    Apartments include full kitchens, dining areas, and in‑unit stackable laundry
    Private patio or balcony access provided for each apartment
    Interior updates include flooring, bathroom renovations, and cosmetic improvements
    Exterior repairs completed along with complete exterior repainting
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    5-Unit Apartment Building
    Updated: Dec 4, 2025
    5-Unit Apartment Building

    709 W Nevada Street, Urbana, IL 61801

    $589,000
    0.18 AC lot
    5‑unit apartment building with four 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit
    0.18‑acre property built in 1913
    Basement laundry facility for residents
    Dedicated on‑site parking
    MULTI zoning
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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    212 W High Street, Urbana, IL 61801

    $390,000
    0.24 AC lot

    Corner-lot property with covered parking, basement laundry, and a wraparound front porch.

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    See what stands out in Champaign County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    7-Unit Townhouse-Style Apartments
    7-Unit Townhouse-Style Apartments

    2012 Vawter Street, Urbana, IL 61801

    $560,000

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

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    11-Unit Apartment Property
    11-Unit Apartment Property

    503 W Green Street, Urbana, IL 61801

    $725,000

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

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    10-Bedroom Apartment Building
    10-Bedroom Apartment Building

    805 W Oregon Street, Urbana, IL 61801

    $335,000

    Leased rooming-house property near campus with a lease extending through July 2027.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    59-Unit Apartment Building Portfolio
    59-Unit Apartment Building Portfolio

    1105 W Oregon St, Urbana, IL 61801

    Contact for pricing

    Three income-producing buildings sit near the University of Illinois campus with access from Oregon and Nevada streets.

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    Mixed-Use Portfolio with Retail Space
    Mixed-Use Portfolio with Retail Space

    211 W Springfield Ave, Urbana, IL 61801

    Contact for pricing

    Multi-building portfolio combines market-rate apartments with retail space.

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    Apartment Building with Rental House
    Apartment Building with Rental House

    712 W Illinois St, Urbana, IL 61801

    Contact for pricing

    Five rental units include updated kitchens, bathrooms, windows, 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.

    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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    Renovated 9-Unit Apartment Building
    Renovated 9-Unit Apartment Building

    613 W Church Street, Champaign, IL 61820

    $339,000
    0.19 AC lot

    The property combines SRO and studio units, each with a private bathroom.

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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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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    110-120 N Neil St, Champaign, IL 61820

    Contact for pricing

    Mixed-use property with commercial businesses, residential lofts, and an adjacent patio/courtyard lot.

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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

    Value Estimation by Request
    24.38 AC lot
    View details
    1105 Oregon St
    Multifamily properties

    1105 Oregon St, Urbana, IL 61801

    Value Estimation 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.

    Sale prices for two-family homes in Urbana, IL start at $125,000, averaging $517,571, and reaching up to $899,000 — 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 $449.9K
    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.

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