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    Urbana, IL Residential Income Properties for Sale

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    Champaign, IL Savoy, IL Philo, IL
    10 results
    Urbana Duplex Near U of I
    $149,900
    0.22 Acres

    Urbana Duplex Near U of I

    1207 N Linview Avenue, Urbana, IL 61801

    Well-located Urbana duplex with strong rental potential near U of I.

    • Prime location near the University of Illinois (U of I) campus, shopping, and dining.
    • One unit is fully remodeled with modern updates and new appliances.
    • Strong rental potential in a high‑demand area.
    • Each unit features 2 bedrooms and 1 full bath.
    • New hot water heater and efficient mini‑split A/C system in remodeled unit.
    Updated: Apr 15
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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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    Urbana Commercial Property for Sale
    $149,900
    0.32 Acres

    Urbana Commercial Property for Sale

    Commercial property with potential for redevelopment in Urbana, Illinois.

    507 Crystal Lake Drive, Urbana, IL 61802
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    Updated Duplex with Fenced Yards
    $274,000

    Updated Duplex with Fenced Yards

    Well-maintained Urbana duplex featuring private yards and updated amenities.

    1105 E Florida Avenue, Urbana, IL 61801
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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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    Urbana Duplex Near Campus
    $259,000

    Urbana Duplex Near Campus

    Duplex near campus with strong rental history, fully leased.

    703 W High 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.

    Opportunities in Nearby Cities

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

    Danville Brick Duplex For Sale
    $79,900

    Danville Brick Duplex For Sale

    Brick duplex in Danville, Illinois, with rental income potential.

    1003 N Franklin Street, Danville, IL 61832
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    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
    View details
    Centrally Located Multifamily Property
    $79,900
    1,400 SF

    Centrally Located Multifamily Property

    Multifamily investment opportunity in a central location.

    1003 N Franklin St, Danville, IL 61832
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    Prime Development Land Near UIUC
    Contact for pricing
    2.25 Acres

    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
    $1,200,000
    3.12 Acres

    Prime Land Near University

    3.12-acre parcel near the University of Illinois.

    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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    Greencroft Homesite Near Country Club
    $399,999
    0.54 Acres

    Greencroft Homesite Near Country Club

    Luxury homesite in established community near Champaign Country Club.

    21 Greencroft Drive, Champaign, IL 61821
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    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
    View details
    805 Oregon St

    805 Oregon St

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

    803 Nevada St

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

    908 Lincoln Ave

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

    1204 Lincoln Ave

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

    801 Iowa St

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

    711 Grn St

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

    809 Nevada St

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

    1103 Busey Ave

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

    712 California Ave

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

    807 Busey Ave

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

    2200 University Ave

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    2200 University Ave, Urbana, IL 61802-2812
    View details
    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
    View details
    802 Smith Rd

    802 Smith Rd

    MOBILE HOME PARK, TRAILER PARK • 8.12 Acres
    Value Estimation by Request
    802 Smith Rd, Urbana, IL 61802
    View details

    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 600 square feet of properties for sale, with an estimated market value of $5,800,000.

    Sale prices for residential income properties in Urbana, IL start at $5,800,000, averaging $5,800,000, and reaching up to $5,800,000 — 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

    Multifamily properties 9
    Apartment buildings 5
    Duplexes 3
    Mobile home & RV parks 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61802 $269.9K
    61801 $1.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Urbana, IL

    • 61801
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