10-Bedroom Apartment
For Sale
$335,000
805 W Oregon Street, Urbana, IL 61801
Commercial Sale, Urbana, IL
Property SizeContact for details
Days on Market94
Property Features for 805 W Oregon Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Rooms
Bedroom 2, Bedroom 10, Bedroom 7, Bedroom 9, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 8, Bedroom 1
Directions
Southside of West Oregon Near South Lincoln and close to campus
Subdivision
Urbana
Standard status
Active
APN
922117153003
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 29 BLOCK 3 ELMWOOD ADD BLKS 2 AND 3, T.S. HUBBARD'S
Tax Annual Amount
11674
Legal Description
LOT 29 BLOCK 3 ELMWOOD ADD BLKS 2 AND 3, T.S. HUBBARD'S
Building Details
Year built
1920
Floors in Building
3
Number of units
10
Listing Agency:
eXp Realty-Champaign
(888) 574-9405
Listed By:
J Leman · License #475184798
(888) 574-9405
Added: May 27
Changed: Aug 20
Last Checked: Aug 28 at 4:06PM
MLS# 12659725
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.
Investment Insights
Based on property information with market context.
This 10-bedroom apartment building operates as a rooming house and was constructed in 1920. The configuration provides individual bedrooms within a residential income property, with the asset currently leased through July 2027.
The property is located at 805 W Oregon Street in Urbana, near Illini Grove and the campus area. Its stated use is student housing, with the layout also identified as suitable for a small fraternity, sorority, or student group.
The property is located at 805 W Oregon Street in Urbana, near Illini Grove and the campus area. Its stated use is student housing, with the layout also identified as suitable for a small fraternity, sorority, or student group.
Key Highlights
- 10‑bedroom rooming house
- Lease extends through July 2027
- Built in 1920
Property Analytics
Property Profile
Current Use
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 - Leased rooming-house property near campus with a lease extending through July 2027.
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 $335,000.
What are key features of this property?
This property features: 10‑bedroom rooming house; Lease extends through July 2027; Built in 1920
