11-Unit Apartment
For Sale
$725,000
503 W Green Street, Urbana, IL 61801
Commercial Sale, Urbana, IL
Property SizeContact for details
Days on Market94
Property Features for 503 W Green Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
12
Bathrooms
11
Full bathrooms
11
Rooms
Bedroom 5, Bathroom 5, Bedroom 9, Bedroom 2, Bathroom 1, Bedroom 11, Bathroom 6, Bathroom 2, Bedroom 12, Bedroom 10, Bedroom 4, Bathroom 10, Bathroom 3, Bedroom 1, Bathroom 9, Bedroom 3, Bathroom 11, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 7, Bathroom 8
Directions
From Lincoln Avenue, eastbound on Green Street, house on right
Subdivision
Urbana
Standard status
Active
APN
922117128005
Taxes and HOA fees
Tax Year
2025
Tax Description
PTS LOTS 10 & 13, SNYDERS ADDITION
Tax Annual Amount
19890
Legal Description
PTS LOTS 10 & 13, SNYDERS ADDITION
Building Details
Year built
1890
Floors in Building
3
Number of units
11
Listing Agency:
eXp Realty-Champaign
(888) 574-9405
Listed By:
J Leman · License #475184798
(888) 574-9405
Added: May 27
Changed: Aug 20
Last Checked: Aug 28 at 10:06PM
MLS# 12659646
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 apartment property spans two separate parcels and contains 11 units, including 10 one-bedroom and studio apartments plus one two-bedroom apartment. The Green Street parcel includes an antebellum mansion built in 1890, while the property also benefits from major electrical upgrades completed in 2024. The existing unit mix is fully leased.
A separate back lot measures 58' x 123', fronts High Street, and is currently used for parking. The property has more parking than the current apartment operation requires, and the source information identifies the lot as suitable for consideration of a duplex or other new construction. The campus of the University of Illinois Urbana is located just blocks away.
A separate back lot measures 58' x 123', fronts High Street, and is currently used for parking. The property has more parking than the current apartment operation requires, and the source information identifies the lot as suitable for consideration of a duplex or other new construction. The campus of the University of Illinois Urbana is located just blocks away.
Key Highlights
- 11 units: 10 one‑bedroom and studio apartments plus one two‑bedroom apartment
- Two separate parcels, including an antebellum mansion on the Green Street side
- Major electrical upgrades completed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,528
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased apartment property with studios, one- and two-bedroom layouts, substantial parking, and MULTI zoning.
Where is this apartment building located?
The property is located at 503 W Green Street Urbana, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 11 units: 10 one‑bedroom and studio apartments plus one two‑bedroom apartment; Two separate parcels, including an antebellum mansion on the Green Street side; Major electrical upgrades completed in 2024
