Properties

Features
: Central Air
: Storm Sewer
Address Map
US
IL
Champaign
Urbana
61801
VAWTER
2012
Avenue
W89° 48' 30.6''
N40° 5' 33.6''
PHILO ROAD - WEST ON SILVER, NORTH ON VAWTER
Urbana
MULTI
Additional Information
: Brick , Vinyl Siding , Wood
: Multi-Family
Service - 0 to 100 Amps
100X137
7
575000
2
: Municipal Water
Coldwell Banker R.E. Group
Judy Fejes
Financial
11074
Listing Information
Sally Fejes
MRD952732
MRD95131
Coldwell Banker R.E. Group
MRD951543
MRD95131
Active
2026-06-29T05:06:04Z
MRED
2026-06-29T05:05:34Z
Property Description

Turnkey, updated, and fully rented 7-unit investment opportunity!! Five of the units are spacious townhouse-style 2-bedroom layouts featuring 1.5 bathrooms and generous living space. All units offer great natural light and functional flow. These bi-level townhome-style units rent easily, have smooth turnover, and include central air and designated parking. The property features 5 covered parking spaces plus 2 additional off-street spots. There is also a basement common area with designated spaces for laundry units along with tenant storage. Potential for increased rental income with HACC vouchers offering 2-bedroom units up to $1,122 and 1-bedroom units up to $934, creating a total potential cash flow of $7,854/month. Tenants pay their own gas, electric, and water, helping maximize returns. This conscientious owner has invested approximately $100,000 in improvements, including a new roof, multiple HVAC systems, and extensive unit renovations. A full list of upgrades is available in additional documents. Fully rented and meticulously maintained, this is a rare opportunity to step into immediate cash flow from day one!

Commercial Sale For Sale

2012 Vawter Avenue, Urbana, Illinois 61801

$560,000
Listing ID#12605088
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12605088
Price : $560,000
Year Built : 2001
Listing Status : Active
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