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Campus-Adjacent Multifamily Property
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Pending

807 S Busey Ave, Urbana, IL 61801

Positioned near the U of I campus and several academic, arts, and early-childhood facilities.

Property SizeContact for details
Days on Market143

Property Features for 807 S Busey Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Green Street Reality
Listed By: Anthony Bamert · License #IL 475131011
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 12:19AM

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.

The multifamily property at 807 S Busey Ave sits along the east side of the U of I campus, east of Lincoln Avenue. Its setting places the property within a short walk of several campus-related destinations and educational facilities.

Cafe Paradiso, the Oregon Ave Computer Lab, the Department of Dance, and the Department of Education Early Childhood Lab are one block away. Krannert Performing Arts Center is two blocks from the property, while the Primary Quad is three blocks away.

Key Highlights

  • Located on the east edge of the U of I campus, east of Lincoln Avenue
  • One block from Cafe Paradiso, Oregon Ave Computer Lab, Department of Dance, and Department of Education Early Childhood Lab
  • Two blocks from Krannert Performing Arts Center

Property Analytics

Current Use

Horn Roll Off ... Waste Management Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Dental Office Butcher Accounting Firm Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

2,118
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Positioned near the U of I campus and several academic, arts, and early-childhood facilities.
Where is this multifamily property located?
The property is located at 807 S Busey Ave Urbana, IL.
What are key features of this property?
This property features: Located on the east edge of the U of I campus, east of Lincoln Avenue; One block from Cafe Paradiso, Oregon Ave Computer Lab, Department of Dance, and Department of Education Early Childhood Lab; Two blocks from Krannert Performing Arts Center
(217) 649-6775 Call to check price and availability
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