Apartment Building with On-Site
New
For Sale
$589,000
709 W Nevada Street, Urbana, IL 61801
Five-unit multifamily property near the University of Illinois campus with basement laundry and dedicated resident parking.
Property SizeContact for details
Days on Market4
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
dedicated on-site parking
Building Details
Year Built
1913
Stories
3
Units
5
Listing Agency:
Taylor Realty Associates
(217) 586-4906
Listed By:
Nick Taylor · License #471001633
Source:
Jjillrealtygroup
Added: Aug 25
Changed: Aug 28
Last Checked: Aug 28 at 11:28AM
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 multifamily property contains five apartments: four two-bedroom, one-bath units and one larger three-bedroom, two-bath unit. The building includes basement laundry facilities and dedicated on-site parking, providing practical amenities for residents. Constructed in 1913, the property is zoned MULTI.
The location is just minutes from the University of Illinois campus, placing the building near a major university setting. Its apartment mix includes both two-bedroom and three-bedroom layouts, offering varied residential configurations within one property.
The location is just minutes from the University of Illinois campus, placing the building near a major university setting. Its apartment mix includes both two-bedroom and three-bedroom layouts, offering varied residential configurations within one property.
Key Highlights
- Five‑unit apartment building with four 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit
- Basement laundry facility
- Dedicated on‑site parking
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,493
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 - Five-unit multifamily property near the University of Illinois campus with basement laundry and dedicated resident 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 building with four 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit; Basement laundry facility; Dedicated on‑site parking
