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    Urbana, IL Triplexes for Sale

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    Champaign, IL Savoy, IL Philo, IL Saint Joseph, IL Tolono, IL Thomasboro, IL Mahomet, IL Fisher, IL
    Triplex Redevelopment Opportunity with Basement
    Updated: Jul 23
    Triplex Redevelopment Opportunity with Basement

    501 W. California Ave, Urbana, IL 61801

    Contact for pricing
    3,100 sqft
    Three‑unit apartment building redevelopment with active building permit through 12/23/26
    1,300‑square‑foot basement with direct exterior access for storage
    New roof, interior demolition, and new framing for the three‑unit layout
    Updated rough‑in plumbing and new electrical completed
    In‑unit washers and dryers planned with separated utilities
    View details
    See hot listings in Urbana

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    1 active listing matches your search: For sale in Urbana, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Triplex with Mixed Unit Layout
    Triplex with Mixed Unit Layout

    412 E Main Street, Hoopeston, IL 60942

    $60,000
    3 units

    MULTI-zoned property with assigned off-street parking and a covered porch.

    2 x 1BR/1BA  1 x 2BR/1BA
    View details
    Three-Unit Residential Property
    Three-Unit Residential Property

    514 E Main Street, Hoopeston, IL 60942

    $65,000
    3 units

    Residential income property with multiple bedrooms, three bathrooms, and basement space.

    View details
    3-Unit Triplex
    3-Unit Triplex

    423 W Main Street, Clinton, IL 61727

    $89,900
    3 units  Built 1893

    Two residences are occupied; the third is unfinished and can be completed for residential use.

    2 x 1BR/1BA  1 x 2BR/1BA
    View details
    Three-Unit Triplex with Metal Roof
    Three-Unit Triplex with Metal Roof

    423 W Main Street, Clinton, IL 61727

    $89,900
    3 units  Built 1893

    Two apartments are occupied, and the third is unfinished for a future rental or residential use.

    2 x 1BR/1BA  1 x 2BR/1BA
    View details

    Urbana, IL Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 3,100 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 15
    Duplexes 4
    Triplexes 1

    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.

    How Realmo verifies these figures

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