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.
Property Details
Price:
$599,000
MLS #:
MRD12523056
Status:
Active
Beds:
5
Baths:
3
Type:
Commercial
Neighborhood:
urbana
Listed Date:
Dec 4, 2025
Lot Size:
8,120 sqft / 0.18 acres (approx)
Year Built:
1913
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Vinyl Siding, Stucco
Stories
3
Financial
Tax Year
2025
Taxes
$19,316
Map
Community
- Address709 W Nevada Street 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
- 709 W Nevada Street Urbana IL is a Commercial for sale in Urbana, IL, 61801. It is listed for $599,000
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709 W Nevada Street
Urbana, IL


