Search
Campus-Adjacent Multifamily Property
For Sale
Contact for pricing
Pending

803 W Nevada St, Urbana, IL 61801

Near the University of Illinois campus, with academic and cultural destinations located within a few blocks.

Property SizeContact for details
Days on Market144

Property Features for 803 W Nevada St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Road Access Yes
Listing Agency: Green Street Reality
Listed By: Anthony Bamert · License #IL 475131011
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 4:42AM

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 Green Street Reality

Investment Insights

Based on property information with market context.

This multifamily property is located at 803 W Nevada St in Urbana, on the east side of the University of Illinois campus. The surrounding area includes Cafe Paradiso, the Oregon Avenue Computer Lab, the Department of Social Work, the Department of Dance, and the Department of Education Early Childhood Lab. Krannert Center for the Performing Arts is two blocks away, while the primary Quad is three blocks from the property.

Key Highlights

  • East‑side location near the University of Illinois campus
  • 803 W Nevada St, Urbana, IL 61801
  • One block from Cafe Paradiso and the Oregon Avenue Computer Lab

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,493
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Near the University of Illinois campus, with academic and cultural destinations located within a few blocks.
Where is this multifamily property located?
The property is located at 803 W Nevada St Urbana, IL.
What are key features of this property?
This property features: East‑side location near the University of Illinois campus; 803 W Nevada St, Urbana, IL 61801; One block from Cafe Paradiso and the Oregon Avenue Computer Lab
(217) 649-6775 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message