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805 W Oregon Street, Urbana, IL, 61801
10-Bedroom Rooming House

805 W Oregon Street Urbana, IL 61801

For Sale
$349,900

MULTI_FAMILY - Urbana, IL

Days on Market60

Property Features for 805 W Oregon Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Rooms
Bedroom 10, Bedroom 2, Bedroom 8, Bedroom 9, Bedroom 1, Bedroom 7, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 5
Standard status
Active
APN
922117153003

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 29 BLOCK 3 ELMWOOD ADD BLKS 2 AND 3, T.S. HUBBARD'S
Tax Annual Amount
11674

Building Details

Year built
1920
Floors in Building
3
Number of units
10
Listing Agency: eXp Realty-Champaign
Listed By: J Leman · License #475184798
Added: May 27 Changed: Jul 23 Last Checked: Jul 25 at 6:06AM
MLS# 12659725

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 10-bedroom rooming house at 805 W Oregon Street in Urbana, IL is offered for sale as a leased property. The home is described as having a character-filled interior and is currently leased at $3,605 per month, with rents scheduled to increase to $3,790 per month plus an $80 utility fee starting August 1, 2026. The current lease is in place through July 2027.

The property is positioned near Illini Grove and the heart of campus. Public remarks also note that there is parking on-site.

For buyers looking at income-producing residential lodging, this well-specified lease structure and rooming-house configuration are key highlights to review when planning your next steps.

Key Highlights

  • 10‑bedroom rooming house built in 1920
  • Currently leased at $3,605/month, with rents increasing to $3,790/month plus $80 utility fee starting August 1, 2026
  • Lease term runs through July 2027

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Furniture & Home Goods Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Storage Facility Acupuncture

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

FAQs

What type of property is this?
Apartment building - Leased 10-bedroom rooming house in Urbana with parking and a lease term through July 2027.
Where is this apartment building located?
The property is located at 805 W Oregon Street Urbana, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 10‑bedroom rooming house built in 1920; Currently leased at $3,605/month, with rents increasing to $3,790/month plus $80 utility fee starting August 1, 2026; Lease term runs through July 2027
More about this property
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