Urbana Multifamily Investment
For Sale
$410,000
212 W High Street, Urbana, IL 61801
MULTI_FAMILY - Urbana, IL
Lot Size0.24 Acres
Days on Market248
Property Features for 212 W High Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 5, Bedroom 1, Basement, Bathroom 4, Bathroom 3, Bedroom 2
Basement
Partially Finished
Directions
Just West of Race at the corner of High & Cedar
Subdivision
Urbana
Standard status
Active
APN
922117142003
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 51, PT 52 ROE'S 2ND ADD
Tax Annual Amount
8842
Legal Description
LOTS 51, PT 52 ROE'S 2ND ADD
Utilities
Utilities
Cable Available
Cooling system
Window Unit(s)
Building Details
Year built
1893
Floors in Building
2
Number of units
5
Building materials
Shingle Siding
Listing Agency:
RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
(217) 373-4964
Listed By:
Kimberly Krisman-Quigg · License #475132428
(217) 373-4964
Added: Nov 24, 2025
Changed: Jul 30
Last Checked: Jul 30 at 4:06PM
MLS# 12523542
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property at 212 W High Street, Urbana, IL 61801, presents a fantastic investment opportunity. The building features five one-bedroom, one-bath units. There are four covered parking spots available, with additional space for a fifth tenant and guests. A coin-operated laundry is located in the basement. Situated on a corner lot, the property includes green space and a wrap-around front porch. The building is fully leased through July 2026. Tenants are responsible for their electric bills, while the owner covers the costs of heat, water, garbage, lawn care, and sewer services. The basement unit has new flooring and has been recently painted. The lot size is 0.24 acres.
Key Highlights
- Multi‑family built in 1893 at 212 W High on a corner lot
- 5 one‑bedroom, 1‑bath units; coin‑operated laundry in the basement
- Basement unit with new flooring throughout and recently painted
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,393
Businesses Nearby
Explore this area
Business Placement
Demographics for 61801, IL
27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased 5-unit building with parking and coin laundry.
Where is this apartment building located?
The property is located at 212 W High Street Urbana, IL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Multi‑family built in 1893 at 212 W High on a corner lot; 5 one‑bedroom, 1‑bath units; coin‑operated laundry in the basement; Basement unit with new flooring throughout and recently painted
