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Urbana, IL Residential Income Properties for Sale

10 results
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Renovated Multifamily Property in Urbana
$875,000

Renovated Multifamily Property in Urbana

1306 Silver Street, Urbana, IL 61801

Fully renovated multifamily property with immediate upside in Urbana, Illinois.

  • Fully renovated property significantly reducing capital expenditure risk.
  • High‑demand unit mix of spacious 2BR/1BA apartments.
  • Immediate upside through rent stabilization with below‑market rents.
  • Advertised pro forma cap rate near 8.0%.
  • New appliances in all units, creating a move‑in‑ready offering.
Updated: Feb 6
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Urbana Multifamily Investment Opportunity
$410,000
0.24 Acres

Urbana Multifamily Investment Opportunity

212 W High Street, Urbana, IL 61801

Fully leased 5-unit building with parking and coin laundry.

  • Fully leased through July 2026, providing immediate rental income.
  • Five one‑bedroom, one‑bath units offer a desirable tenant configuration.
  • Four covered parking spots plus additional space for a fifth tenant and guests.
  • Coin‑operated laundry in the basement provides additional income.
  • Corner lot with ample green space and a wrap‑around front porch enhances curb appeal.
Updated: Nov 24, 2025
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Urbana Duplex with Investment Potential
$384,900
0.30 Acres

Urbana Duplex with Investment Potential

Side-by-side duplex in Deerfield Trails neighborhood with rental income.

3202 Chatham Drive, Urbana, IL 61802
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Well-Maintained 5-Unit Near Campus
$599,000
0.18 Acres

Well-Maintained 5-Unit Near Campus

Prime location near University of Illinois with on-site parking.

709 W Nevada Street, Urbana, IL 61801
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Updated Duplex with Fenced Yards
$274,000

Updated Duplex with Fenced Yards

Well-maintained duplex featuring updates and private fenced-in backyards.

1105 E Florida Avenue, Urbana, IL 61801
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Urbana Duplex Near Park
$271,900

Urbana Duplex Near Park

Duplex near park, shopping, and amenities in Urbana, Illinois.

1003 E McHenry Street, Urbana, IL 61801
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Urbana Duplex: Investment Opportunity
$239,900

Urbana Duplex: Investment Opportunity

Duplex on corner lot, fully rented, great investment opportunity.

2313 S Anderson Street, Urbana, IL 61801
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Fully Leased Urbana Multifamily Property
$275,000
0.23 Acres

Fully Leased Urbana Multifamily Property

Five-unit building near downtown Urbana, fully leased with remodeling.

202 S Grove Street, Urbana, IL 61802
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Updated Condo with Modern Amenities
$125,000

Updated Condo with Modern Amenities

Move-in ready 3-bedroom condo with recent updates and convenient location.

1310 Brighton Drive #1310, Urbana, IL 61801
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Urbana Multifamily Portfolio
$5,800,000
600 SF

Urbana Multifamily Portfolio

Six-building, 77-unit multifamily portfolio in Urbana, Illinois.

2008 Vawter Ave, 1301 Mitchem Dr, 1303 Mitchem Dr, 2006 Vawter Ave, 2004 Vawter Ave, 2017 Vawter Ave, Urbana, IL 61801
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Based on your search, we've compiled 105 Potential Opportunities for your consideration. Besides 10 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 87 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Historic Downtown Champaign Mixed-Use Building
$3,850,000
0.29 Acres

Historic Downtown Champaign Mixed-Use Building

Landmark building with retail, residential, and office space.

41 E. University Avenue, Champaign, IL 61820
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Danville, IL Residential Income Property
$55,000

Danville, IL Residential Income Property

Three-unit residential income property in Danville, Illinois, fully leased.

409 Chandler Street, Danville, IL 61832
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Danville, IL Residential Income Property
$50,000

Danville, IL Residential Income Property

Duplex suitable for cash flow or owner-occupancy with rental income.

716 Robinson Street, Danville, IL 61832
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Prime Development Land Near UIUC
Contact for pricing

Prime Development Land Near UIUC

2.25 acres near University of Illinois Urbana-Champaign campus.

113 E University Ave, Champaign, IL 61820
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Urbana Land For Sale
$599,000
1.08 Acres

Urbana Land For Sale

Commercial land available in Urbana, Illinois.

402 W Griggs Street, Urbana, IL 61801
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Prime Land Near University of Illinois
$1,200,000
3.50 Acres

Prime Land Near University of Illinois

3.5-acre parcel near University of Illinois with development opportunities.

1301 N Lincoln Avenue, Urbana, IL 61801
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Wooded Land in Urbana, Illinois
$117,500
1.00 Acre

Wooded Land in Urbana, Illinois

One acre of wooded land near Urbana, ideal for building.

Raintree Woods Drive lot: 9, Urbana, IL 61802
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One-Acre Lot in Urbana, IL
$99,000
1.00 Acre

One-Acre Lot in Urbana, IL

Spacious lot for custom home in St. Joseph School District.

Highcross Road, Urbana, IL 61802
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Explore Off-Market Properties in Urbana, IL

Consider similar Off-Market properties in Urbana, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

801 Nevada St

801 Nevada St

BOARDING/ROOMING HOUSE • 1,550 SF
Value Estimation by Request
801 Nevada St, Urbana, IL 61801-3808
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805 Oregon St

805 Oregon St

BOARDING/ROOMING HOUSE • 1,275 SF
Value Estimation by Request
805 Oregon St, Urbana, IL 61801-3825
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803 Nevada St

803 Nevada St

BOARDING/ROOMING HOUSE • 1,430 SF
Value Estimation by Request
803 Nevada St, Urbana, IL 61801-3808
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908 Lincoln Ave

908 Lincoln Ave

BOARDING/ROOMING HOUSE • 1,437 SF
Value Estimation by Request
908 Lincoln Ave, Urbana, IL 61801-3805
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1204 Lincoln Ave

1204 Lincoln Ave

BOARDING/ROOMING HOUSE
Value Estimation
$800,000
1204 Lincoln Ave, Urbana, IL 61801-4705
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801 Iowa St

801 Iowa St

BOARDING/ROOMING HOUSE • 1,156 SF
Value Estimation by Request
801 Iowa St, Urbana, IL 61801-3819
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711 Grn St

711 Grn St

BOARDING/ROOMING HOUSE • 1,059 SF
Value Estimation by Request
711 Grn St, Urbana, IL 61801-3946
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809 Nevada St

809 Nevada St

BOARDING/ROOMING HOUSE • 1,362 SF
Value Estimation by Request
809 Nevada St, Urbana, IL 61801-3831
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1103 Busey Ave

1103 Busey Ave

BOARDING/ROOMING HOUSE • 1,793 SF
Value Estimation by Request
1103 Busey Ave, Urbana, IL 61801-4830
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712 California Ave

712 California Ave

BOARDING/ROOMING HOUSE • 1,056 SF
Value Estimation by Request
712 California Ave, Urbana, IL 61801-3912
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807 Busey Ave

807 Busey Ave

BOARDING/ROOMING HOUSE • 1,245 SF
Value Estimation
$630,000
807 Busey Ave, Urbana, IL 61801-4003
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2200 University Ave

2200 University Ave

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
2200 University Ave, Urbana, IL 61802-2812
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1701 Wilson Rd

1701 Wilson Rd

MOBILE HOME PARK, TRAILER PARK • 3.69 Acres
Value Estimation by Request
1701 Wilson Rd, Urbana, IL 61802-2100
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802 Smith Rd

802 Smith Rd

MOBILE HOME PARK, TRAILER PARK • 8.12 Acres
Value Estimation by Request
802 Smith Rd, Urbana, IL 61802
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Urbana, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 97 residential income properties for sale in Urbana, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 4,315,427 square feet of properties for sale, with an estimated market value of $11,858,900.

Sale prices for residential income properties in Urbana, IL start at $140,000, averaging $395,296, and reaching up to $1,655,000 — 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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