709 W Nevada Street
Urbana, IL, 61801
$599,000
5 Beds
3 Baths
0 SqFt
0.18 Acres
Add
MLS #MRD12523056 image #0
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
UrbanaUrbana

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Vinyl Siding, Stucco
Stories
3

Financial

Net Operating Income
$42,720
Tax Year
2025
Taxes
$19,316

Map

Community

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

Similar Listings Nearby

broker reciprocity
MLS# MRD12513602broker reciprocity
909 W Bloomington Road
Champaign, IL

$698,000

2.4 miles away

broker reciprocity
MLS# MRD12605088broker reciprocity
2012 VAWTER Avenue
Urbana, IL

$575,000

1.6 miles away

broker reciprocity
MLS# MRD12616009broker reciprocity
201 N Broadway Avenue
Urbana, IL

$550,000

0.7 miles away

broker reciprocity
MLS# MRD12481715broker reciprocity
1224 N Green Street
McHenry, IL

$525,000

1.8 miles away

broker reciprocity
MLS# MRD12481559broker reciprocity
114 South Race
Urbana, IL

$475,000

0.8 miles away

broker reciprocity
MLS# MRD12472502broker reciprocity
110 W Main Street
Urbana, IL

$459,900

0.6 miles away

broker reciprocity
MLS# MRD12551294broker reciprocity
613 W Church Street
Champaign, IL

$455,000

2.1 miles away

broker reciprocity
MLS# MRD12493669broker reciprocity
801 6th Street
Mendota, IL

$425,000

2.4 miles away

709 W Nevada Street
Urbana, IL