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    Urbana Multifamily Investment Opportunity Title is generated by Realmo AI

    709 W Nevada Street, Urbana, IL 61801

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    Claim this Listing
    For Sale
    $589,000

    MULTI_FAMILY - Urbana, IL

    Lot size:
    0.18 Acres
    Added:
    Dec 4, 2025
    Days on Market:
    190
    Last Refresh:
    Jun 12 at 11:06 am

    Property Features for 709 W Nevada Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI
    Bedrooms
    11
    Bathrooms
    6
    Rooms
    Bathroom 3, Bedroom 9, Bathroom 4, Bedroom 7, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2, Bedroom 11, Bedroom 10, Bedroom 3
    Basement
    Storage Space
    Standard status
    Active
    APN
    922117158002
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 55 Block 5 Elmwood Add, T.S. Hubbard's
    Tax Annual Amount
    19316

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1913
    Floors in Building
    3
    Number of units
    5
    Building materials
    Vinyl Siding, Stucco

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    Listing Contact
    Nick Taylor
    Nick Taylor

    Listing agent Nick Taylor License #471001633

    Listing office Taylor Realty Associates 116 S Lombard P.O. Box 110, Mahomet, IL

    Listing date Dec 4, 2025

    MLS# 12523056 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

    • 5‑unit multi‑family property built in 1913
    • Unit mix includes four 2‑bedroom, 1‑bath units plus one larger 3‑bedroom, 2‑bath unit
    • On‑site laundry available in the basement
    • Dedicated on‑site parking for residents
    • Exterior materials include vinyl siding and stucco
    • Cooling provided by window unit(s)

    Overview

    This well-maintained 5-unit property presents an exceptional investment opportunity in a prime Champaign location, situated minutes from the University of Illinois campus. The building comprises four 2-bedroom, 1-bath units and one larger 3-bedroom, 2-bath unit, offering strong rental appeal to both students and professionals. On-site laundry facilities are located in the basement for the convenience of residents. Dedicated on-site parking is available, a rare amenity in the vicinity of the campus. The property is located in Urbana, IL, with a lot size of 0.18 acres. This property is an ideal addition to any investor's portfolio due to its desirable location and reliable rental demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.217027
    Latitude
    40.106184

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 5-unit property near University of Illinois campus.
    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: 5‑unit multi‑family property built in 1913; Unit mix includes four 2‑bedroom, 1‑bath units plus one larger 3‑bedroom, 2‑bath unit; On‑site laundry available in the basement
    More about this property
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