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Urbana, IL, 61801 • 61801 • Champaign County
$116/sqft
5Beds
3Baths
2,463Sqft
0.2 acLot
1916Built
Character Home
Built 1916 · 110 years of history
Outdoor Living
Porch
1 Fireplace
Living Room
2-Car Garage
On Site · Garage Owned · Detached · Garage
This home is getting attention
Listed 293 days ago · 14 views
Demand and pricing signals for this listing
14 views
People checking out this listing
293 days on market
Established listing
$116/sqft
Price per square foot
This home ranks in the top 39% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1916 · Historic
Unbeatable Investment Opportunity near the University of Illinois! This prime Urbana home for sale is located just half a block off Lincoln Avenue in the heart of campus, offering unparalleled access to top university destinations. Within walking distance to Cafe Paradiso, the Departments of Social Work and Dance, and the Early Childhood Lab, it's also just two blocks from Krannert Center and three blocks from the Quad. Whether you're seeking Champaign County real estate for long-term wealth building or immediate cash flow, this investment opportunity is perfectly positioned. The current lease runs through July, providing steady rental income in a consistently high-demand location. For the motivated seller, this property has produced year-over-year rent increases and promises both short- and long-term upside as rental rates climb and interest rates ease. Although this building could benefit from minor interior updates, it already features key highlights many investors look for-like potential for updated kitchens, space for energy-efficient appliances, and a layout that supports maximum occupancy. This is a rare chance to own a move-in ready property in one of Urbana's most coveted areas. Priced to sell and ideal for first-time investors, experienced buyers, or parents of future Illini students. Act quickly-properties in this location don't last long. Contact us today for full financials and a private showing!
Standout features identified
Our analysis highlights potential for updated kitchens and space for energy-efficient appliances as key attractions of this home.
Based on current rates
Est. 6.24% rate · 30yr fixed · $228,000 loan
Full calculator →Key facts and listing details
7 categories of property features
19 rooms detailed
Master Bedroom
SecondBedroom2
MainBedroom3
SecondBedroom4
SecondBedroom5
SecondOther
Market data and value estimates
3 schools rated nearby
Urbana, IL, 61801
28 events
25 years of records
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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