705 E Colorado Avenue
Urbana, IL, 61801
$2,500,000
8 Beds
6 Baths
0 SqFt
0.87 Acres
Add
MLS #MRD12751949 image #0
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
UrbanaUrbana

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Wood
Stories
3

Financial

Net Operating Income
$191,943
Tax Year
2025
Taxes
$71,846

Map

Community

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

Similar Listings Nearby

broker reciprocity
MLS# MRD12539065broker reciprocity
1776 E Washington Street
Urbana, IL

$3,100,000

1.1 miles away

705 E Colorado Avenue
Urbana, IL