There are multiple listings for this address:
218 W Main Street
Urbana, IL, 61801
$1,095,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12491021 image #0
FULLY RENOVATED AND FULLY LEASED! This historic downtown Urbana, Illinois “Stephen’s Building” has been fully modernized and redesigned to today’s living standards! The first floor offers 2 separate commercial spaces. The larger Westside suite is 2375 Sq. Ft. with an unfinished basement for additional storage space. This suite is currently rented for $2400/mo. The East commercial space is 1500 Sq. Ft. and rented for $1326/mo (discounted has been $2100/mo. Upstairs you will find 4 fully renovated 2 bed/2bath apartments. Each apartment features stainless appliances, hardwood and tile flooring, stacked laundry in each unit. The remodel was able to leave beautiful historic brick walls exposed and other original features. The building features industrial-style exposed HVAC. The residential access to the building is secure. The 4 apartments currently generate over $5869/mo of rental income. The building does not come with parking, however there is a City permit lot directly adjacent.

Property Details

Price:
$1,095,000
MLS #:
MRD12491021
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
urbana
Listed Date:
Oct 8, 2025
Total Sq Ft:
7,750
UrbanaUrbana

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Membrane
Stories
2

Financial

Tax Year
2024
Taxes
$15,604

Map

Community

Market Summary

Current real estate data for Business in Urbana as of Jun 15, 2026
3
Business Listed
153
Avg DOM
$1,215,000
Avg List Price

Property Summary

    218 W Main Street Urbana IL is a Business for sale in Urbana, IL, 61801. It is listed for $1,095,000

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218 W Main Street
Urbana, IL
218 W Main Street
Urbana, IL, 61801
$1,095,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12491245 image #0
FULLY RENOVATED AND FULLY LEASED! This historic downtown Urbana, Illinois “Stephen’s Building” has been fully modernized and redesigned to today’s living standards! The first floor offers 2 separate commercial spaces. The larger Westside suite is 2375 Sq. Ft. with an unfinished basement for additional storage space. This suite is currently rented for $2400/mo. The East commercial space is 1500 Sq. Ft. and rented for $1326/mo (discounted has been $2100/mo. Upstairs you will find 4 fully renovated 2 bed/2bath apartments. Each apartment features stainless appliances, hardwood and tile flooring, stacked laundry in each unit. The remodel was able to leave beautiful historic brick walls exposed and other original features. The building features industrial-style exposed HVAC. The residential access to the building is secure. The 4 apartments currently generate over $5869/mo of rental income. The building does not come with parking, however there is a City permit lot directly adjacent.

Property Details

Price:
$1,095,000
MLS #:
MRD12491245
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
urbana
Listed Date:
Oct 8, 2025
Total Sq Ft:
7,750
UrbanaUrbana

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Membrane
Stories
2

Financial

Tax Year
2024
Taxes
$15,604

Map

Community

Market Summary

Current real estate data for Commercial in Urbana as of Jun 15, 2026
3
Commercial Listed
153
Avg DOM
$1,215,000
Avg List Price

Property Summary

    218 W Main Street Urbana IL is a Commercial for sale in Urbana, IL, 61801. It is listed for $1,095,000

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