Properties

Address Map
US
IL
Champaign
Urbana
61801
Green
503
Street
W89° 47' 11.2''
N40° 6' 37.5''
From Lincoln Avenue, eastbound on Green Street, house on right
Urbana
W
MULTI
Additional Information
60X243
11
3
eXp Realty-Champaign
J Leman
Financial
19889.66
Listing Information
950278
95401
New
2026-05-28T21:51:04Z
MRED
2026-05-27T19:20:26Z
Property Description

Two separate parcels, 11 units , and potential for more development along High Street, located just blocks away from the vibrant and ever expanding University of Illinois Urbana Campus. The antebellum mansion on the Green Street side is well built and solid, full of charm and history. Current income of $8,800 a month roughly $105,000 in annual gross income. Gross Income projects to jump to $9,400 a month starting August 1, 2026. A mix of 10 one-bedroom and studio apartments, and one two-bedroom, this unit mix stabilized and fully leased, but also has room for rents to be bumped creating instant value. Major Electrical upgrades in 2024. The back lot, 58′ x 123′, faces High Street, and is currently used for parking. There is a substantial excess of parking, and the best long-term use is probably a duplex or other new construction.

Commercial Sale For Sale

503 W Green Street, Urbana, Illinois 61801

$749,900
Listing ID#12659646
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12659646
Price : $749,900
Year Built : 1890
Listing Status : Active
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