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Urbana Rooming House Investment

805 W Oregon Street Urbana, IL 61801

Claim this Listing
For Sale
$349,900

MULTI_FAMILY - Urbana, IL

Added:
May 27, 2026
Days on Market:
47
Last Refresh:
Jul 12 at 5:06 am

Property Features for 805 W Oregon Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Rooms
Bedroom 8, Bedroom 3, Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 10, Bedroom 7
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

Building Details

Year built
1920
Floors in Building
3
Number of units
10

Listing agent J Leman License #475184798

Listing office eXp Realty-Champaign 301 N Neil St Ste 338, Chicago, IL

Listing date May 27, 2026

MLS# 12659725 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.


Investment Insights

Based on property information with market context.

This 10-bedroom rooming house is located in Urbana, Illinois, near Illini Grove and the heart of campus. The property is currently leased for $3,605 per month, with rents increasing to $3,790 per month plus an $80 utility fee starting August 1, 2026. The lease extends through July 2027. The property offers parking and presents an investment opportunity in student housing. It may also suit a small fraternity, sorority, or student group.

Key Highlights

  • 10‑bedroom rooming house built in 1920
  • Near Illini Grove and the heart of campus
  • Currently leased at $3,605 per month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

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?
Multifamily property - 10-bedroom rooming house near Illini Grove and campus.
Where is this multifamily property 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; Near Illini Grove and the heart of campus; Currently leased at $3,605 per month
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