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    212 W High St Urbana, IL 61801

    For Sale
    $410,000

    Commercial Sale - Urbana, IL

    Property size:
    2,204 SF
    Lot size:
    0.24 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 212 W High St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    922117142003
    Size
    2,204 SF
    Lot size
    0.24 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1893
    Number of units
    5
    Architectural style
    Other

    RE/MAX Realty Associate (217) 373-4964 [email protected]

    Listing agent Kimberly Krisman-Clark (217) 373-4964 License #475132428

    Listing date Nov 24, 2025

    MLS# 12523542 Listing URL

    Copyright © 2025 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.

    Overview

    Urbana Multifamily Investment Opportunity

    This multifamily property at 212 W High Street, Urbana, IL 61801, presents a commercial investment opportunity. The building features five one-bedroom, one-bath units. It includes four covered parking spots, with additional space available for a fifth tenant and guests. A coin-operated laundry is located in the basement. Situated on a corner lot, the property offers 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. The basement unit has new flooring and has been recently painted. The property is located in Champaign County, Illinois, and the lot size is 0.24 acres. The building size is 2204 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.210101
    Latitude
    40.1101257

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    FAQs

    What type of property is this?
    Apartment building - Five-unit building fully leased through July 2026 in Urbana.
    Where is this apartment building located?
    The property is located at 212 W High St 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: - Fully leased through July 2026 providing immediate rental income.; - Five one-bedroom, one-bath units offer a multi-family investment opportunity.; - Four covered parking spots plus additional parking for a fifth tenant and guests.
    (217) 373-4964
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    Urbana, IL 61801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 W High St Urbana, IL 61801
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