Quadplex

Urbana, IL Quadplexes for Sale

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Champaign, IL Savoy, IL Philo, IL Bondville, IL Saint Joseph, IL Tolono, IL Sidney, IL Thomasboro, IL
Mixed-Use Building with Retail
Updated: Sep 10, 2025
Mixed-Use Building with Retail

218 West Main Street, Urbana, IL 61801

$1,095,000
5,061 sqft
Historic downtown Urbana, IL "Stephen's Building" built in 1900 with fully renovated interior and mixed‑use income potential
Two leased ground‑floor commercial spaces: 2,375 SF Westside suite ($2,400/mo) plus 1,500 SF East suite ($1,326/mo)
Upstairs features four fully renovated 2 bed/2 bath apartments, each with stainless appliances, hardwood and tile flooring, and stacked laundry
Total residential rental income over $5,869/mo from the four apartments; commercial spaces are currently leased
Historic brick and original features preserved, plus industrial‑style exposed HVAC throughout
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Historic Mixed-Use Building
Updated: Oct 9, 2025
Historic Mixed-Use Building

218 Main St, Urbana, IL 61801

$995,000
Fully renovated and fully leased historic Stephen’s Building in downtown Urbana
Two separate street‑level commercial spaces: 2,375 SF (rented $2,400/mo) plus 1,500 SF (rented $1,326/mo)
Unfinished basement provides additional storage for the westside commercial suite
Four fully renovated 2 bed/2 bath apartments with stainless appliances, hardwood and tile floors, and stacked laundry in each unit
Industrial‑style exposed HVAC plus secure residential access
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Multi-Parcel Residential and Parking Portfolio
Multi-Parcel Residential and Parking Portfolio

517 E Monroe Street # 519, Metamora, IL 61548

$700,000
1,925 sqft

Package includes multi-unit residential buildings and a pay-to-park lot with 49 income-producing spaces.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

403 W Columbia Avenue, Champaign, IL 61820

$274,000
0.20 AC lot

Four 1-bedroom units provide a straightforward rental income setup with an established history.

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Champaign Multifamily Property For Sale
Champaign Multifamily Property For Sale

1011 W CHURCH Street, Champaign, IL 61821

$239,900
0.22 AC lot

Four-unit property with updates and redevelopment potential in Champaign, IL.

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Small Multi-Unit Income Property
Small Multi-Unit Income Property

418 N SPRING Street, Metamora, IL 61548

Contact for pricing
0.93 AC lot

Package includes a pay-to-park lot with 49 spaces and three multi-unit buildings totaling eight units.

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Urbana, IL Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 5,061 square feet of properties for sale, with an estimated market value of $1,095,000.

Sale prices for four-unit buildings in Urbana, IL start at $1,095,000, averaging $1,095,000, and reaching up to $1,095,000 — 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 8
Duplexes 4
Quadplexes 2

Demographics Overview

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

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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