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7-Unit Townhouse-Style Apartments
For Sale
$575,000

2012 Vawter Street, Urbana, IL 61801

Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.

Property SizeContact for details
Days on Market154

Property Features for 2012 Vawter Street

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multi Family 5+ / Corridor-Exterior Entrance
Zoning MULTI
Occupancy 100%

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $11,074

Amenities

central air
on-site laundry
tenant storage

Building Details

Year Built 2001
Stories 2
Listing Agency: Coldwell Banker The R.E. Group
Listed By: Judy · License #475128503
Source: Compass
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 30 at 7:59PM

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 Coldwell Banker The R.E. Group

Investment Insights

Based on property information with market context.

This 7-unit apartment property, built in 2001, includes five bi-level townhouse-style units with two bedrooms, 1.5 bathrooms, and generous living areas. The apartments feature natural light, practical layouts, central air, and designated parking. Recent improvements include a new roof, multiple HVAC systems, and extensive renovations across the units.

Parking includes five covered spaces and two additional off-street spaces. A basement common area provides designated laundry connections and tenant storage. The property is fully rented, and tenants pay their own gas, electric, and water expenses. Located at 2012 Vawter Street in Urbana, Illinois, the building combines an established apartment configuration with updated building systems and shared amenities.

Key Highlights

  • 7‑unit apartment property built in 2001
  • Five bi‑level townhouse‑style units with 2 bedrooms and 1.5 bathrooms
  • Fully rented with tenants paying gas, electric, and water

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store Building Supply Dental Office

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

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

531
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.
Where is this apartment building located?
The property is located at 2012 Vawter Street Urbana, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 7‑unit apartment property built in 2001; Five bi‑level townhouse‑style units with 2 bedrooms and 1.5 bathrooms; Fully rented with tenants paying gas, electric, and water
More about this property
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