Renovated Apartment
For Sale
Contact for pricing
1601 - 1605 N Willow Rd, Urbana, IL 61801
Two-building multifamily property with updated interiors, refreshed exteriors, shared amenities, and a central tenant courtyard.
Property SizeContact for details
Days on Market143
Property Features for 1601 - 1605 N Willow Rd
General Information
Standard status
Active
Total Parking Spaces
82
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
22 x 1BR, 29 x 2BR
Multifamily Units
51
Amenities
courtyard
shared laundry
in-unit washer/dryer
Building Details
Buildings
2
Listing Agency:
Guth & Associates
(217) 355-2545
Listed By:
Jill Guth · License #IL 471.020488
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:38AM
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 Guth & Associates
Investment Insights
Based on property information with market context.
This two-building apartment complex contains 51 units, including 22 one-bedroom apartments and 29 two-bedroom apartments. Interior improvements include updated flooring, paint, kitchens, bathrooms, and appliances, while exterior work has addressed the roofs, siding, windows, and paint. Fifteen apartments are currently undergoing renovation. One-bedroom units use shared second-floor laundry facilities, and two-bedroom units include in-unit washer/dryers.
A courtyard separates the buildings and provides shared outdoor space for residents. The on-site parking lot accommodates 82 vehicles. The property sits at 1601–1605 N Willow Rd in Urbana, at the northwest corner of Country Club Road and Willow Road, one block west of Cunningham Avenue and south of the Interstate 74 interchange. Crystal Lake Park, Busey Woods, Anita Pervis Nature Center, and Urbana Country Club are within walking distance.
A courtyard separates the buildings and provides shared outdoor space for residents. The on-site parking lot accommodates 82 vehicles. The property sits at 1601–1605 N Willow Rd in Urbana, at the northwest corner of Country Club Road and Willow Road, one block west of Cunningham Avenue and south of the Interstate 74 interchange. Crystal Lake Park, Busey Woods, Anita Pervis Nature Center, and Urbana Country Club are within walking distance.
Key Highlights
- 51 apartments: 22 one‑bedroom units and 29 two‑bedroom units
- Renovation and repair work has been completed since 2022, including interior and exterior improvements
- Fifteen apartments are currently in renovation
Property Analytics
Property Profile
Current Use
Lease Details
51
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
340
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily property with updated interiors, refreshed exteriors, shared amenities, and a central tenant courtyard.
Where is this apartment building located?
The property is located at 1601 - 1605 N Willow Rd Urbana, IL.
What are key features of this property?
This property features: 51 apartments: 22 one‑bedroom units and 29 two‑bedroom units; Renovation and repair work has been completed since 2022, including interior and exterior improvements; Fifteen apartments are currently in renovation
