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    Leased Duplex Investment Property Title is generated by Realmo AI

    703 W High Street, Urbana, IL 61801

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    For Sale
    $249,900

    MULTI_FAMILY - Urbana, IL

    Added:
    May 21, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 6 at 3:06 am

    Property Features for 703 W High Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 3, Basement, Bedroom 4
    Parking
    3
    Parking features
    Off Street
    Patio and Porch features
    Deck, Porch
    Basement
    Full, Unfinished
    Standard status
    Active
    APN
    922117108007

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot pt 6 Block 1 Sim's, Joseph W., Jr., and Sarah A., Add
    Tax Annual Amount
    5478

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1878
    Building materials
    Cedar
    Roof type
    Asphalt

    We can help!

    Contact an agent
    Mark Waldhoff
    Mark Waldhoff

    Listing agent Mark Waldhoff License #475

    Listing office KELLER WILLIAMS-TREC 2441 Village Green Place, Champaign, IL

    Listing date May 21, 2026

    MLS# 12647484 Listing URL

    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.

    HighLights

    • Duplex built in 1878 with cedar construction, asphalt roof, and natural gas heat
    • Unit 1: 1 bed/1 bath, rented for $895/month with scheduled increase to $945/month Aug 2026
    • Unit 2: 3 bed/2 bath, currently $1,570/month with scheduled increase to $1,620/month Aug 2026
    • Fully leased through August 2027 for immediate, stable occupancy
    • Updates: fresh paint in both units completed in 2025; radon mitigation system installed in 2024
    • Public utilities: public water and public sewer; off‑street parking plus deck and porch

    Overview

    This duplex features two separate units. Unit 1 is a 1-bedroom, 1-bath home and is currently rented at $895 per month, with a scheduled increase to $945 in August 2026. Unit 2 offers 3 bedrooms and 2 bathrooms and is currently rented at $1,570 per month, with a scheduled increase to $1,620 in August 2026. Recent improvements include fresh paint in both units completed in 2025 and a radon mitigation system installed in 2024.

    The property is located at 703 W High Street in Urbana, Illinois (Champaign County). The duplex is fully leased through August 2027.

    For buyers and investors, this configuration provides a straightforward, two-unit income property with tenants already in place through August 2027. For owner-occupants, it can also offer the option to live in one unit while continuing to collect rent from the other, with the known current lease terms and scheduled rent increases noted above.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Florist Coworking & Hybrid Office Pet Grooming Service (Bike/Boat/Book/etc) Store Acupuncture Cosmetic Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.216451
    Latitude
    40.109638

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with both units leased through August 2027 and recent interior updates including 2025 paint.
    Where is this duplex located?
    The property is located at 703 W High Street Urbana, IL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Duplex built in 1878 with cedar construction, asphalt roof, and natural gas heat; Unit 1: 1 bed/1 bath, rented for $895/month with scheduled increase to $945/month Aug 2026; Unit 2: 3 bed/2 bath, currently $1,570/month with scheduled increase to $1,620/month Aug 2026
    More about this property
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