Turnkey, updated, and fully rented 7-unit investment opportunity!! Five of the units are spacious townhouse-style 2-bedroom layouts featuring 1.5 bathrooms and generous living space. All units offer great natural light and functional flow. These bi-level townhome-style units rent easily, have smooth turnover, and include central air and designated parking. The property features 5 covered parking spaces plus 2 additional off-street spots. There is also a basement common area with designated spaces for laundry units along with tenant storage. Potential for increased rental income with HACC vouchers offering 2-bedroom units up to $1,122 and 1-bedroom units up to $934, creating a total potential cash flow of $7,854/month. Tenants pay their own gas, electric, and water, helping maximize returns. This conscientious owner has invested approximately $100,000 in improvements, including a new roof, multiple HVAC systems, and extensive unit renovations. A full list of upgrades is available in additional documents. Fully rented and meticulously maintained, this is a rare opportunity to step into immediate cash flow from day one!
Property Details
Price:
$575,000
MLS #:
MRD12605088
Status:
Active
Beds:
2
Baths:
2
Type:
Commercial
Neighborhood:
urbana
Listed Date:
Apr 1, 2026
Year Built:
2001
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Wood, Brick, Vinyl Siding
Stories
2
Financial
Tax Year
2024
Taxes
$11,074
Map
Community
- Address2012 VAWTER Avenue Urbana IL
- CityUrbana
- CountyChampaign
- Zip Code61801
Market Summary
Current real estate data for Commercial in Urbana as of May 16, 2026
14
Commercial Listed
152
Avg DOM
$778,843
Avg List Price
Property Summary
- 2012 VAWTER Avenue Urbana IL is a Commercial for sale in Urbana, IL, 61801. It is listed for $575,000
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Copyright 2026. All rights reserved.
2012 VAWTER Avenue
Urbana, IL


