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    Champaign, IL Savoy, IL East Peoria, IL Philo, IL Saint Joseph, IL Peoria, IL Tolono, IL Thomasboro, IL
    Renovated Mixed-Use Building with Retail
    Updated: Sep 6, 2025
    Renovated Mixed-Use Building with Retail

    218 W Main Street, Urbana, IL 61801

    $995,000
    7,750 sqft
    Historic Stephen’s Building (built 1900) with fully renovated, fully leased commercial and residential space
    Two leased ground‑floor commercial suites: 2,375 SF Westside suite (unfinished basement; rented for $2,400/mo) and 1,500 SF East suite ($1,326/mo)
    Four fully renovated 2 bed/2 bath apartments upstairs with stainless appliances, hardwood and tile floors, and stacked laundry in each unit
    Residential access is secure, and exposed industrial‑style HVAC is featured in the building
    Current rental income for the 4 apartments is over $5,869/mo
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    See what stands out in Champaign County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Apartment Property
    Four-Unit Apartment Property

    114 E Lincoln St, Saybrook, IL 61770

    $225,000
    1,470 sqft

    Unit mix includes three one-bedroom apartments and one two-bedroom apartment, with refreshed interiors and building-wide mechanical updates.

    View details
    Four-Unit Quadplex
    Four-Unit Quadplex

    403 W Columbia Avenue, Champaign, IL 61820

    $274,000
    0.20 AC lot

    Four one-bedroom, one-bath residences with driveway parking and public utilities.

    View details
    Four-Unit Apartment Property
    Four-Unit Apartment Property

    114 E Lincoln Street, Saybrook, IL 61770

    $225,000

    Updated interiors, newer building systems, and a mixed one- and two-bedroom floor plan support rental operations.

    View details
    4-Unit Quadplex with Attached Garages
    4-Unit Quadplex with Attached Garages

    3738-3744 Summer Sage Ct, Champaign, IL 61822

    $800,000

    Three units are leased through July 2027, while the fourth has been renovated for occupancy.

    View details

    Urbana, IL Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 7,750 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for four-unit buildings in Urbana, IL average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 12
    Duplexes 5
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 47K
    Population Growth (5Y) -5.1%
    Median Household Income $46,466
    College Educated 55.8%

    High-Yield Neighborhoods for Investment

    Identify Urbana submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61801 $995K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Urbana fall within the 25,000 to 50,000 square foot range.

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