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709 W Nevada Street

Urbana, IL 61801
  • $615,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 12523056
$615,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1913
County:
Area:

School Ratings & Info

Description

Discover an exceptional investment opportunity with this well-maintained 5-unit property in a prime Champaign location just minutes from the University of Illinois campus. The building features four spacious 2-bedroom, 1-bath units plus a larger 3-bedroom, 2-bath unit, offering strong rental appeal for students and professionals alike. Residents enjoy the convenience of on-site laundry located in the basement, as well as dedicated on-site parking-an increasingly rare amenity near campus. With its desirable location, reliable rental demand, and practical updates, this property is an ideal addition to any investor's portfolio.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-07T21:07:13.96 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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709 W Nevada Street Urbana, IL 61801

  • Price: $615,000
  • Status: Active
  • On Site: 65 Days
  • MLS #: 12523056
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1913
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
Property Description
Discover an exceptional investment opportunity with this well-maintained 5-unit property in a prime Champaign location just minutes from the University of Illinois campus. The building features four spacious 2-bedroom, 1-bath units plus a larger 3-bedroom, 2-bath unit, offering strong rental appeal for students and professionals alike. Residents enjoy the convenience of on-site laundry located in the basement, as well as dedicated on-site parking-an increasingly rare amenity near campus. With its desirable location, reliable rental demand, and practical updates, this property is an ideal addition to any investor's portfolio.
Interior Features

Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Gross Income 73500 Gross Scheduled Income 73500 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Tax Annual Amount 18621 Tax Year 2024 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 6125 Township Cunningham Type Multi Family 5+ Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Taylor Realty Associates: .


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-07T21:07:13.96 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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