Unbeatable Investment Opportunity near the University of Illinois! This prime Urbana home for sale is located just half a block off Lincoln Avenue in the heart of campus, offering unparalleled access to top university destinations. Within walking distance to Cafe Paradiso, the Departments of Social Work and Dance, and the Early Childhood Lab, it's also just two blocks from Krannert Center and three blocks from the Quad. Whether you're seeking Champaign County real estate for long-term wealth building or immediate cash flow, this investment opportunity is perfectly positioned. The current lease runs through July, providing steady rental income in a consistently high-demand location. For the motivated seller, this property has produced year-over-year rent increases and promises both short- and long-term upside as rental rates climb and interest rates ease. Although this building could benefit from minor interior updates, it already features key highlights many investors look for-like potential for updated kitchens, space for energy-efficient appliances, and a layout that supports maximum occupancy. This is a rare chance to own a move-in ready property in one of Urbana's most coveted areas. Priced to sell and ideal for first-time investors, experienced buyers, or parents of future Illini students. Act quickly-properties in this location don't last long. Contact us today for full financials and a private showing!
Closed
Zillow last checked:
Listing updated:
Bought with:
Nate Evans
eXp Realty-Mahomet
Source: MRED as distributed by MLS GRID,MLS#: 12350093
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listing removed | $3,595$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/22/2026 | Listed for rent | $3,595$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2025 | Sold | $285,000-5%$116/sqft |
Source:  MRED as distributed by MLS GRID #12350093 Report a problem | ||
| 5/23/2025 | Contingent | $299,900$122/sqft |
Source: MRED as distributed by MLS GRID #12350093 Report a problem | ||
| 4/28/2025 | Listed for sale | $299,900+7.1%$122/sqft |
Source: MRED as distributed by MLS GRID #12350093 Report a problem | ||
| 2/20/2025 | Listing removed | $3,595$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/19/2025 | Listed for rent | $3,595$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/19/2025 | Listing removed | $3,595$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Price change | $3,595-0.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2024 | Listed for rent | $3,625+4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/27/2022 | Listed for rent | $3,460+5%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/10/2022 | Sold | $280,000-0.9%$114/sqft |
Source: Public Record Report a problem | ||
| 12/8/2021 | Listed for sale | $282,500-5.8%$115/sqft |
Source: MRED as distributed by MLS GRID #11283312 Report a problem | ||
| 10/25/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/29/2021 | Listed for rent | $3,295+3%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 11/23/2020 | Listing removed | $3,200$1/sqft |
Source: JSJ Property Management, INC Report a problem | ||
| 10/6/2020 | Listed for rent | $3,200+14.3%$1/sqft |
Source: JSJ Property Management, INC Report a problem | ||
| 7/30/2020 | Listing removed | $2,800$1/sqft |
Source: JSJ Property Management, INC Report a problem | ||
| 6/16/2020 | Price change | $2,800-12.5%$1/sqft |
Source: JSJ Property Management, INC Report a problem | ||
| 4/13/2020 | Listed for rent | $3,200-11.1%$1/sqft |
Source: JSJ Property Management, INC Report a problem | ||
| 1/31/2020 | Listing removed | $3,600$1/sqft |
Source: JSJ Property Management, INC Report a problem | ||
| 1/24/2020 | Listed for rent | $3,600$1/sqft |
Source: JSJ Property Management, INC Report a problem | ||
| 10/15/2018 | Listing removed | $3,600$1/sqft |
Source: Green Street Realty Report a problem | ||
| 9/20/2018 | Listed for rent | $3,600+20%$1/sqft |
Source: Green Street Realty Report a problem | ||
| 9/28/2017 | Listing removed | $3,000$1/sqft |
Source: Green Street Realty Report a problem | ||
| 6/8/2016 | Sold | $300,000+30.2%$122/sqft |
Source: Public Record Report a problem | ||
| 7/29/2010 | Sold | $230,500$94/sqft |
Source: Public Record Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$290,100
2% more
+$5,802
With Zillow Showcase(estimated)
$295,902
