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12-Unit Apartment Building
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1305 Silver Street, Urbana, IL 61801

Two-bedroom apartments with one-bath layouts near downtown Urbana, the University of Illinois campus, and nearby transit.

Property SizeContact for details
Days on Market142

Property Features for 1305 Silver Street

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 12 x 2BR/1BA
Multifamily Units 12

Building Details

Buildings 1
Listing Agency: eXp Realty LLC
Listed By: Nate Evans · License #IL 475124281
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 6:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC

Investment Insights

Based on property information with market context.

This 12-unit apartment building contains 2-bedroom, 1-bath residences of approximately 720 square feet each. The property is positioned near Silver Street and Fletcher Avenue, with access to downtown Urbana, the University of Illinois campus, and nearby transit options.

The unit configuration provides a consistent residential layout across the building, while the Urbana location places residents near major institutional, downtown, and transportation destinations. The property is professionally managed and reported to maintain consistent occupancy.

Key Highlights

  • 12‑unit apartment building
  • 2‑bedroom, 1‑bath apartment layouts
  • Approximately 720 square feet per apartment

Property Analytics

Current Use

B Z Management Property Management Company

Suggested Use

Top Pick Law Firm Spa & Massage Center Auto Repair Shop Dental Office Real Estate Agency Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-bedroom apartments with one-bath layouts near downtown Urbana, the University of Illinois campus, and nearby transit.
Where is this apartment building located?
The property is located at 1305 Silver Street Urbana, IL.
What are key features of this property?
This property features: 12‑unit apartment building; 2‑bedroom, 1‑bath apartment layouts; Approximately 720 square feet per apartment
(217) 239-7113 Call to check price and availability
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