Don’t miss your chance to own this well-situated apartment complex! It is perfectly placed in a quiet Urbana neighborhood, but still close to everything Champaign-Urbana has to offer! This building features 1, 2 and 3 bedroom apartments and townhouses. Secured entry and free off-street parking. It is a half block to the Red line and 2 blocks to the Green St, both take you to the central terminal downtown and to the University of Illinois campus. Grocery and convenience shopping nearby and there is fiberoptic internet access to every apartment. This is a great investment opportunity!
Property Details
Price:
$2,500,000
MLS #:
MRD12751949
Status:
Active
Beds:
8
Baths:
6
Type:
Commercial
Neighborhood:
urbana
Listed Date:
Sep 24, 2026
Total Sq Ft:
31,602
Year Built:
1977
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Wood
Stories
3
Financial
Tax Year
2025
Taxes
$71,846
Map
Community
- Address705 E Colorado Avenue Urbana IL
- CityUrbana
- CountyChampaign
- Zip Code61801
Market Summary
Current real estate data for Commercial in Urbana as of Oct 05, 2026
16
Commercial Listed
200
Avg DOM
$891,675
Avg List Price
Property Summary
- 705 E Colorado Avenue Urbana IL is a Commercial for sale in Urbana, IL, 61801. It is listed for $2,500,000
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Copyright 2026. All rights reserved.
705 E Colorado Avenue
Urbana, IL


