5-Unit Apartment
For Sale
$589,000
709 W Nevada Street, Urbana, IL 61801
Multi-unit apartment property with basement laundry and dedicated on-site parking.
Property SizeContact for details
Days on Market248
Property Features for 709 W Nevada Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Units
Unit Mix
4 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$19,316
Amenities
on-site laundry
Building Details
Year Built
1913
Stories
3
Units
5
Listing Agency:
Taylor Realty Associates
(217) 586-4906
Listed By:
Nick Taylor · License #471001633
Source:
Allinonerealestateco
Added: Dec 4, 2025
Changed: Aug 9
Last Checked: Aug 9 at 2:47PM
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 Taylor Realty Associates
Investment Insights
Based on property information with market context.
This apartment property contains five units, including four 2-bedroom, 1-bath residences and one larger 3-bedroom, 2-bath residence. Basement laundry facilities and dedicated on-site parking add practical amenities for occupants. Built in 1913, the building is designated MULTI under its zoning classification.
The property is located at 709 W Nevada Street in Urbana, Illinois, minutes from the University of Illinois campus. Its unit mix accommodates both smaller households and residents seeking additional bedroom and bath capacity.
The property is located at 709 W Nevada Street in Urbana, Illinois, minutes from the University of Illinois campus. Its unit mix accommodates both smaller households and residents seeking additional bedroom and bath capacity.
Key Highlights
- Five‑unit apartment property with four 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit
- Basement laundry area serves the property
- Dedicated on‑site parking included
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,415
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 - Multi-unit apartment property with basement laundry and dedicated on-site parking.
Where is this apartment building located?
The property is located at 709 W Nevada Street Urbana, IL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Five‑unit apartment property with four 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit; Basement laundry area serves the property; Dedicated on‑site parking included
