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805 W Oregon Street, Urbana, IL, 61801
Student Rooming House with Parking

805 W Oregon Street Urbana, IL 61801

For Sale
Contact for pricing

A 10-bedroom rooming house currently leased through July 2027 with strong student-group fit and on-site parking.

Days on Market59

Property Features for 805 W Oregon Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1920
Listing Agency: EXP REALTY LLC-CHA
Listed By: J Leman · License #475.184798
Source: Crexi
Added: May 26 Changed: Jul 10 Last Checked: Jul 23 at 4:56AM

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 EXP REALTY LLC-CHA


Investment Insights

Based on property information with market context.

This 10-bedroom rooming house offers a student-oriented configuration designed for group occupancy. The property is described as having character and charm, and it includes parking for residents and visitors.

The home is located near Illini Grove and in the heart of campus, positioning it for tenants seeking a walkable student lifestyle. Current leasing is in place through July 2027.

According to the provided terms, the property is leased at $3,605 per month, with rents scheduled to increase to $3,790 per month plus an $80 utility fee starting August 1, 2026. The layout is also presented as a practical fit for a small fraternity, sorority, or other student group. For prospective buyers, this creates a defined occupancy and timing window, while maintaining room for the next lease term beginning in 2026. For showings and additional lease details, contact the listing broker.

Key Highlights

  • 10‑bedroom rooming house, built in 1920
  • Currently leased through July 2027
  • Rents increase to $3,790/month effective August 1, 2026, plus a $80 utility fee

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Furniture & Home Goods Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Storage Facility Acupuncture

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

FAQs

What type of property is this?
Apartment building - A 10-bedroom rooming house currently leased through July 2027 with strong student-group fit and on-site parking.
Where is this apartment building located?
The property is located at 805 W Oregon Street Urbana, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 10‑bedroom rooming house, built in 1920; Currently leased through July 2027; Rents increase to $3,790/month effective August 1, 2026, plus a $80 utility fee
(217) 778-5320 Call to check price and availability
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