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$175,000
3 Beds ⋅ 3 Baths ⋅ 12667009 MLS ⋅ ACTIVE Status
Capstone Quarters desirable Standard 3 bedroom floorplan features 1279 square feet of living space on the easily accessible ground floor. Unit is fully rented for 2026-2027 academic year and under Ramshaw Management. Each bedroom has its own private bath and closet. The open concept features space for a kitchen table as well as a large kitchen island with breakfast bar seating. The large living room has access to a private patio. All appliances, including the full-size washer and dryer, as well as standard furniture set convey with this condo. Washer replaced in 2024 per owner. This complex includes use of the clubhouse, fitness center, 24 hour computer lab, game room, study areas, and resort style swimming pool and deck area. Capstone is located directly on C-U acclaimed MTD bus line. $300 monthly association dues include common area insurance, access to the clubhouse, exercise room, outdoor pool, exterior maintenance, lawn care, snow removal and trash. This unit is a great investment or can be owner-occupied.

1903 N Lincoln Avenue Unit #102, Urbana
$399,900
5 Beds ⋅ 2 Baths ⋅ 12648009 MLS ⋅ ACTIVE Status
This historic 1893 charmer seamlessly blends late-Victorian elegance with top-tier modern convenience. Situated in a highly desirable neighborhood, the home is just minutes from the University of Illinois campus, Leal Elementary, and the vibrant heart of downtown Urbana. Inside, soaring ceilings, original hardwood floors, and exquisite historic trim flow throughout the spacious living areas. The large open kitchen, which was completely remodeled down to the studs in 2014, offers a fresh, contemporary culinary space complete with ample cabinetry, poured quartz counters, a large center island and tons of storage. The separate dining room boasts a stunning built-in buffet and exquisite coffered ceiling. The living room features tons of natural light, beautiful built ins and an alcove that serves perfectly as office or play area. With five versatile bedrooms-including a flexible first-floor bedroom or study-and two full baths, there is no shortage of space. The second level features an expansive, primary bedroom complete with a generous walk-in closet that conveniently houses a dedicated upstairs laundry area. The property shines just as brightly outdoors, offering exceptional spaces to enjoy across all seasons. Residents can relax on the charming front porch, unwind in the peaceful screened-in porch, or host summer barbecues on the spacious deck installed in 2014. The back of the property boasts an oasis of native, pollinator-friendly plants, complete with a walking trail and rain-catching swale. Designed to be increasingly low-maintenance over time, this garden nevertheless bursts with dense greenery and vibrant color from spring into late fall. Edible botanics including grapes, red and black raspberries, and blackberries make for an engaging and bountiful space. Flower beds may also be maintained on each side of the house. For absolute peace of mind, every major mechanical and structural component of this home has been meticulously maintained and updated. High-value improvements include a full roof replacement in 2021, a dual-zoned HVAC system for perfect temperature control throughout the home, a brand-new water heater installed in 2026, and a professional radon mitigation system. Complete with a detached two-car garage for plenty of extra storage, this property offers a rare opportunity to own a piece of Urbana history that lives like a brand-new home.

305 W. Illinois Street, Urbana
$234,900
3 Beds ⋅ 3 Baths ⋅ 12666258 MLS ⋅ ACTIVE Status
Check out this newly remodeled 3 bed, 2-1/2 bath 2 story home with huge garage. The entire house is practically new from floor to ceiling! New kitchen and bathrooms. New doors and windows. New flooring throughout. New siding and windows. New HVAC. Stainless appliances. Deck overlooking the back yard. Must see to appreciate.

805 E California Avenue, Urbana
$394,900
3 Beds ⋅ 2 Baths ⋅ 12660340 MLS ⋅ ACTIVE Status
Mid-Century modern, single level home with uninterrupted golf course views! Live in one of Urbana's most distinctive residential settings. Bordering the Urbana Country Club this 3BD/ 2BA, beautifully updated home offers nearly 2,000 square feet of thoughtfully designed living space. It's a choice and a lifestyle to appreciate architectural character that perfectly blends indoor outdoor living through the floor to ceiling windows. The impressive kitchen with barstool seating plus eat in dining, opens to the main living areas. The double sided fireplace serves as a distinctive focal point while seamlessly dividing the entertaining hub from everyday life. The large primary suite includes a separate dressing room and exceptional closet space. Two additional bedrooms and a second full bathroom complete the home's private living areas. As a perk, this home has two special, hidden gem spaces. The attached greenhouse provides a sunny, protected area for growing plants and quiet relaxation throughout all four seasons. Plus it is conveniently accessed from both inside and outside. For you creators, the laundry room is for you! It doubles as a workshop, hobby space, private studio, etc with extensive shelving, generous counter space and a deep utility sink. The attached two car garage also includes a wheelchair ramp for added accessibility. It's a feeling and a vibe and 301 G H Baker offers just that! Come experience mid century architecture and an easy, single level layout where nature is invited in every day from the southern exposure. This picturesque setting with access to the private golf course and exclusive resort, comes complete with amazing sunsets. Opportunities like this rarely become available in Champaign Urbana. Live beautifully!

301 G H Baker Drive, Urbana
$325,000
12659725 MLS ⋅ PRICE CHANGE Status
Outstanding location for this 10 bedroom rooming house for sale. Located near Illini Grove and heart of campus, this house is full of character and charm. Leased at $3605, but rents bump to for $3,790 per month plus a $80 utility fee starting August 1, 2026 and property is leased through July 2027. Great parking. Perfect investment for someone wanting to get into student housing. Would work well for small fraternity, sorority, or student group. Schedule your showing today!

805 W Oregon Street, Urbana
$699,900
12659646 MLS ⋅ PRICE CHANGE Status
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.

503 W Green Street, Urbana
$279,000
2 Beds ⋅ 3 Baths ⋅ 12321127 MLS ⋅ ACTIVE Status ⋅ South Ridge BLDG.
Sitting on a corner lot in the Myra Ridge subdivision of Urbana, this spacious Zero Lot home offers 3 bedrooms, 3 full baths and over 2,700 finished square feet of living space on the main floor and finished basement. The main level living space has a cathedral ceiling and large windows to bring in great natural light. The living room has space for a variety of furniture pieces that can be situated to focus on the corner gas fireplace wall for your media needs. The kitchen has great storage with base and wall cabinets, a food pantry and extra storage in the center island. The dining area has room for a large table and direct access through the sliding door to your concrete patio and backyard. The main floor primary bedroom provides you with the privacy you desire with a large walk-in closet and your private bathroom with a modern vanity and shower with a built in seating. The 2nd bedroom is also located on the main floor with an adjacent full bath. The lower level has additional living space, a 3rd bedroom with an egress window, another full bathroom, a designated laundry room, and an extra room to use as you see fit. With new flooring in the main floor and basement living spaces, this home is pre-inspected and ready for you to call it home. Schedule your private showing today!

1601 E Lexington Drive, Urbana
$194,900
4 Beds ⋅ 4 Baths ⋅ 12652304 MLS ⋅ ACTIVE Status
This spacious and well-kept condo features 4 bedrooms and 4 full baths, making it an excellent opportunity for investors. Currently fully occupied with rental income of $2,070 per month, increasing to $2,175 for the 2026-2027 school year. Community amenities include a 24-hour fitness center, 32-seat theater room, computer lab, and group study areas. Conveniently located near the University of Illinois Urbana-Champaign and situated along the MTD bus route. Monthly condo dues cover exterior maintenance, pool access, fitness center, theater, parking, and trash service. Strong occupancy history and professional management provide dependable income potential and steady cash flow

1901 N Lincoln Avenue Unit #311, Urbana
$410,000
4 Beds ⋅ 4 Baths ⋅ 12646230 MLS ⋅ ACTIVE Status
Beautifully updated 5 bedroom 3.5 bath home with scenic views and amazing outdoor space. Enjoy entertaining on the expansive back deck or in the refreshing newer saltwater pool, all in the privacy of the fenced in back yard. This spacious home features a finished basement which includes a 2nd family room, 5th bedroom, 3rd full bath and an office space. The living room's vaulted ceiling and arched window brings in the natural sunlight that flows into the dining room where you'll find trey ceilings and other high quality upgrades. In the kitchen and breakfast area is the perfect space to enjoy a cup of coffee or your beverage of choice overlooking the back deck. The kitchen also features new stainless steel appliances, updated cabinetry, and newer tile flooring. The first floor also shines with newer hardwood flooring throughout. The primary bedroom ensuite provides ample space and comfort with 4 total bedrooms on the second floor. Updates include a newer roof and newer solar power that provides savings of $4000+ a year! Fully owned with NO lease or loan to transfer. Fully free and clear for the new owner to enjoy all the amazing monthly savings! No more high electric bills to worry about for decades. The neighborhood also offers walking paths and beautiful views that feels like you're outside of the hustle of the city.

3504 S Myra Ridge Drive, Urbana
$449,900
3 Beds ⋅ 3 Baths ⋅ 12622105 MLS ⋅ ACTIVE Status
This new construction ranch in Beringer Commons offers over 2,300 sq ft and features space, style, and custom details throughout. The floor plan is designed with an open-concept main living area that flows into the kitchen with an island, a walk-in pantry, and beautiful design details. Enjoy outdoor living on the covered patio located off the living room. The private primary suite includes a large walk-in closet with a dream en-suite bathroom. Estimated completion is August 2026, so plan your move today! This home qualifies for the Think Urbana tax abatement program.

2813 Clarion Road, Urbana
$199,900
4 Beds ⋅ 4 Baths ⋅ 12623360 MLS ⋅ ACTIVE Status
Second floor furnished 4 bedrooms and 4 full bathrooms condo. 1547 sq ft. open concept living/dining room features. All windows face south. All appliances stay, including washer and dryer. Each room comes with its own electronic lock. New high-quality wood flooring was installed in 2024. New dryer was replaced in November of 2024. HVAC was replaced in October of 2024 with brand new thermostat. New dishwash was replaced in September of 2025.All four rooms are fully leased. HOA fee includes cable/internet, exterior maintains, law care, snow removal, parking, Trash, Resort Style pool, Gym, 24 business Center/computer lab, Movie theater, MTD bus service to Campus, Onsite Property Management.

1903 N Lincoln Avenue Unit #206, Urbana
$29,900
12600814 MLS ⋅ ACTIVE Status
Are you having trouble finding an existing home to purchase? Why not build your ideal home! Located within 6 blocks of the North side of the University of Illinois, this 52 x 148 lot is Zone R-2 in a Single-Family Residential District allows you to build a single family detached home or two-family dwellings such as a duplex. Drive by it today and start planning how you would like your new home to look.

1007 N Goodwin Avenue, Urbana
$489,900
5 Beds ⋅ 4 Baths ⋅ 12614820 MLS ⋅ ACTIVE Status
Lake Views, Incredible Space, and Quality Construction All in One Exceptional Home Imagine waking up every morning to sparkling water views and ending your day watching the sunset reflect across the lake. At 2910 Rutherford Drive in Urbana, the scenery isn't just outside your windows-it's part of everyday life. This stunning lakefront ranch in Beringer Commons offers over 4,000 square feet of thoughtfully designed living space, featuring 5 bedrooms, 3.5 baths, and flexible spaces designed for both everyday living and entertaining. Built with energy-efficient Insulated Concrete Form (ICF) construction, this home offers exceptional durability, comfort, sound insulation, and energy savings rarely found in traditional construction. A dramatic wall of windows showcases breathtaking lake views while filling the home with natural light. The main level features formal living and dining spaces, an entertainer's kitchen with abundant oak cabinetry, a large center island, breakfast bar, and an inviting sitting area where the lake becomes the backdrop to everyday living. The English basement expands the possibilities with a convenient kitchenette, spacious family room, theater room, wet bar, two oversized bedrooms with generous closet space, and a full bath-creating the perfect space for entertaining, hosting guests, or enjoying additional living space. Step outside to enjoy the peaceful setting from your patio overlooking a landscaped waterfall and the lake beyond. Whether you're fishing from the shoreline, enjoying nearby trails, or simply soaking in the views, this property offers a lifestyle that's hard to find. Additional features include: * 3-car garage * Newer roof * Irrigation system * Fiber internet * Two gas fireplaces * Spacious English basement * Minutes to the Kickapoo Rail Trail, shopping, downtown Urbana, and the University of Illinois Homes with this combination of stunning lake views, ICF construction, expansive living space, and exceptional entertaining areas are incredibly rare. This is more than a home-it's a place where comfort, quality, and beautiful surroundings come together.

2910 Rutherford Drive, Urbana
$69,900
12625720 MLS ⋅ ACTIVE Status
Discover the perfect setting to build your dream home in the prestigious Stone Creek community, an upscale residential development in southeast Urbana. This exceptional lot offers the opportunity to create a custom residence tailored to your lifestyle, whether you prefer serene golf course views or a more private setting within the neighborhood. Spanning over 500 acres, Stone Creek is thoughtfully designed around a stunning public 18-hole championship golf course, featuring rolling terrain, scenic lakes, winding creeks, and picturesque bridges. The community is known for its spacious streetscapes, beautifully maintained commons, and a peaceful atmosphere that truly embodies refined living. Residents enjoy miles of walking, jogging, and biking paths, as well as convenient access to nearby shopping and dining at The Pines. The award-caliber golf course-designed by renowned architects Tim and Dick Nugent-has hosted local and professional tournaments and serves as the home course for the University of Illinois Fighting Illini golf teams. Whether you're an avid golfer or simply seeking a tranquil, well-appointed neighborhood, this lot offers an exceptional opportunity to experience "Life As It Should Be" in one of Urbana's most sought-after communities.

2721 E Stone Creek Boulevard, Urbana
$1,300,000
12609270 MLS ⋅ ACTIVE Status
There are places that simply exist and then there are places that become part of a community's story. For over 30 years, Strawberry Fields / World Harvest Foods has been just that. An Urbana landmark rooted in nourishment, connection, and care. Generations have walked through its doors in the heart of Downtown, just minutes from the vibrant energy of the University of Illinois Urbana-Champaign, to find not just food, but a sense of belonging. Now, this cherished space is ready for its next chapter. Set on more than three-quarters of an acre of prime General Commercial land, this free-standing property offers nearly 10,000 square feet of thoughtfully designed, modern space, ready for a new vision while honoring the legacy it holds. Inside, you'll find a facility built to support abundance: expansive refrigeration for fresh cheeses and olives, generous frozen storage, a full bakery and kitchen, and curated aisles filled with organic, natural, and international foods that reflect cultures from around the world. The space flows into a warm and welcoming cafe serving organic, vegan, and Middle Eastern cuisine alongside signature baked goods and desserts. It's a place where conversations linger, friendships grow, and community is built over shared meals. Beyond its current use, the opportunity here is expansive. Continue its legacy as a beloved market, reimagine it as a new concept, or transform the building into a multi-tenant space. Its layout and location make it ideal for a variety of ventures. Originally offered at $2.5 million, this remarkable property is now available at $1.3 million. The business name, fixtures, and inventory are included in the price. This is more than a property, it's an invitation to steward a space that has meant so much to so many. Schedule your private showing today, and come experience the heart of it for yourself.

306 W Springfield Avenue, Urbana
$139,900
12612473 MLS ⋅ ACTIVE Status
Opportunity is knocking, and we have the keys. This parcel is ready for you to make your own. Property was originally a Mobile Home Park and one building remains. This structure includes an apartment and a shop area that the owner originally used for storage, shop work, and laundry facilities for the property. Sitting on 1/3 of an acre, this centrally located property has easy access to Cunningham Avenue and University Avenue providing an abundance of potential advertising options that could be utilized for your new project. Schedule your tour today and let your imagination run wild!

507 Crystal Lake Drive, Urbana
$560,000
12605088 MLS ⋅ ACTIVE Status
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!

2012 Vawter Avenue, Urbana
$199,000
4 Beds ⋅ 2 Baths ⋅ 12603714 MLS ⋅ PRICE CHANGE Status
Excellent near-campus investment opportunity with stable rental income and strong long-term appeal. Located in a desirable area close to campus, this property is well positioned for consistent tenant demand and dependable cash flow. The current lease generates $1,575 per month through July 2026, with rent increasing to $1,665 per month through July 2027, offering immediate income and scheduled revenue growth. Ideal for investors searching for a reliable near-campus rental property, income-producing asset, or well-located addition to a real estate portfolio.

309 S Coler Avenue, Urbana
$699,900
3 Beds ⋅ 4 Baths ⋅ 12603647 MLS ⋅ ACTIVE Status
You found it: a beautiful one-story home in the sought-after Beringer Commons on not only one, but TWO waterfront lots! This custom home features an all brick and stone front elevation, a covered front porch, a covered rear porch, a four seasons room, and 6 bedrooms, 3-1/2 baths. You'll find 3 of these bedrooms (including the Primary suite with a whirlpool tub) on the main floor with a split floor plan, but also the chef's kitchen open to the Great room. The finished basement boasts a spacious rec room with full kitchenette including a range, range hood, and dishwasher. You'll also find the remaining 3 bedrooms and a large unfinished area for storage. This home backs up to the water with an amazing view and you just cannot beat the large yard that it sits upon. Also qualified for the Think Urbana tax abatement plan. Broker-owned.

3020 Beringer Circle, Urbana
$230,000
3 Beds ⋅ 2 Baths ⋅ 12602904 MLS ⋅ PRICE CHANGE Status
Excellent investment opportunity just blocks from the University of Illinois campus. This well-maintained home is ideally situated on a charming historic brick street, offering both strong rental potential and the convenience of near-campus living. Currently leased for the 2026-2027 school year, the property delivers stable cash flow and immediate income from day one. A compelling option for investors searching for a reliable rental property near U of I in a highly desirable campus location.

708 W High Street, Urbana
$374,900
4 Beds ⋅ 2 Baths ⋅ 12597882 MLS ⋅ ACTIVE Status
There is classic, timeless charm in this 4-bedroom, 2.5-story brick English Tudor on a fenced, corner lot with a 2-car garage and picturques views of Carle Park. Beautifully landscaped lawn features lots of varieties of Hosta and gorgeous perennials. As soon as you step in, you'll fall in love with the desirable circular floor plan, original trim, hardwood floors, and a huge living room with a fireplace and wood blinds. The kitchen features gorgeous slate flooring, rich butcher block countertops, custom "Woodmode" cabinets with matching wood panels on the Subzero Refrigerator and Bosch dishwasher and also has a beverage frig and an abundance of adjustable shelving in the multiple pantries. The 12 x 34 knotty pine attic (4th bedroom) with random length & width, Pegged Oak floors offers a phenomenal flexible living space with built-in beds, desks, vanity, hutches and open bookcases, and is ideal for a home studio, shared bedroom or office. There is tons of storage throughout the house and it sits on an elevated basement that has the potential to be finished for additional living space. Conveniently located near Carle Clinic, the University of Illinois, and local schools, including Leal Elementary School, this home blends classic character and functional space in a prime location.

402 W Iowa Street, Urbana
$125,000
3 Beds ⋅ 1 Baths ⋅ 12601313 MLS ⋅ RE-ACTIVATED Status
Investment opportunity in a prime location near campus, offering immediate and stable cash flow. This property features a new roof and full exterior repaint in 2021. Currently leased through July 2027, this home provides reliable rental income from day one. A strong option for buyers searching for a turnkey investment property, rental near campus, or long-term income-producing real estate with major exterior improvements already completed.

1206 N Lincoln Avenue, Urbana
$260,000
4 Beds ⋅ 2 Baths ⋅ 12600159 MLS ⋅ PRICE CHANGE Status
Super cute home in a prime Urbana location just minutes from the University of Illinois Urbana-Champaign campus. This charming property offers great curb appeal, a large front porch, and the kind of character buyers are looking for in a home near campus. Conveniently located near U of I, downtown Urbana, restaurants, shopping, and campus amenities, this home is a great option for owner-occupants, students, faculty, or investors. If you're searching for a cute Urbana home near the University of Illinois with a welcoming front porch and an excellent location, this property is a must-see.

706 W High Street, Urbana
$99,000
12594117 MLS ⋅ ACTIVE Status
Build your custom dream home in the prestigious Stone Creek Subdivision, one of Urbana's premier golf course communities. This beautiful 0.46-acre homesite at 2814 Castlerock Drive offers the perfect setting for a luxury residence surrounded by scenic views and elegant homes. Stone Creek is thoughtfully designed around the championship course at Atkins Golf Club at the University of Illinois, offering a picturesque environment with nearby walking paths, open green space, and a welcoming neighborhood feel. Utilities including electric, gas, municipal water, and sewer are available, making the lot ready for construction. Enjoy the tranquility of an upscale community while remaining just minutes from the shopping, dining, and conveniences of the Urbana-Champaign area. A rare opportunity to build your ideal home in one of the region's most sought-after neighborhoods.

2814 Castlerock Drive, Urbana
$99,900
12597863 MLS ⋅ ACTIVE Status
Welcome to Raintree Woods, an enchanting wooded oasis, located just outside of the City of Urbana and perched on a hill overlooking land zoned for conservation. This parcel offers one acre of wooded land. Utilities on site include electricity, natural gas, and public water. This lot offers an ideal spot for constructing your dream house in a location that combines fast access to the city with peaceful, rural living in the woods!

Lot 9 Raintree Woods Drive, Urbana
$355,000
12589606 MLS ⋅ ACTIVE Status
1.8 Acres locate at the SouthWest quadrant of Interstate 74 and the US Route 45 / Cunningham Ave Exit (Exit # 184). Located next to Eastland Suites Hotel and Conference Center. High Highway Visibility.

2005 N Kenyon Road, Urbana
$475,000
12584258 MLS ⋅ ACTIVE Status
Positioned just off Interstate 74 in the thriving community of Urbana, this prime commercial parcel offers exceptional visibility, accessibility, and limitless potential. Zoned B-3 General Business, the property is ideally suited for a wide range of high-impact uses (see attached City of Urbana Zoning District Description Sheet). With strong traffic counts and easy interstate access, this location is perfectly positioned to capture both local and traveling consumers. Whether you're looking to develop a national brand presence, create a destination dining experience, or invest in a high-demand commercial corridor, this site delivers the flexibility and exposure needed to succeed. Surrounded by ongoing growth and just minutes from key amenities, this is a rare opportunity to secure a highly visible commercial footprint in one of Central Illinois' most active markets. Bring your vision-this property is ready to perform.

905 W Killarney Street, Urbana
$665,000
3 Beds ⋅ 4 Baths ⋅ 12572775 MLS ⋅ ACTIVE Status
This beautiful custom-built home features a spacious open floor plan designed for both everyday living and entertaining. High-quality cabinetry, quartz countertops, and vaulted ceilings create a bright and elegant atmosphere throughout the main living areas. Enjoy peaceful, open views of the commons area from your patio, perfectly situated on a generous 0.42-acre lot. The fully finished basement expands your living space with two additional bedrooms featuring walk-in closets, a third full bathroom, and a custom bar ideal for gatherings. Upgrades abound, including a custom tile shower, soaking tub, built-in mudroom storage with high end tile flooring, custom master closet shelving system, convenient first-floor laundry, with an additional laundry area in the basement. Sports enthusiasts will love the full batting cage setup in the unfinished basement, negotiable with the home. This home truly has it all and is move-in ready-don't miss your opportunity to make it yours! Because this home was just built in 2025, it is enrolled in the Urbana Property Tax Abatement: 55% reduction in property taxes on the improved value for five years: 100% year 1, 80% year 2, 60% year 3, and 40% year 2 & 20% in year 5!

606 N Beacon Hill Circle, Urbana
$249,900
4 Beds ⋅ 1 Baths ⋅ 12573334 MLS ⋅ ACTIVE Status
Nice duplex located on a corner lot. Great investment opportunity. Both units have been remodeled and pre-inspected.

2313 S Anderson Street, Urbana
$950,000
12551856 MLS ⋅ ACTIVE Status
Unique Downtown Urbana Mixed Use - Redevelopment Opportunity. Pleased to offer this well-located property on Race Street, currently home to Analog Wine Bar. The two-building, one- and two-story brick structure totals approximately 5,561 SF and sits on a .61 acre lot (effective usable site area of approximately 21,000 SF), with on-site parking for 25 vehicles and abundant nearby public parking. Constructed circa 1900 and thoughtfully updated, the property features a remodeled first floor with refinished concrete floors, high ceilings, updated mechanicals, electrical, plumbing, and a membrane roof. The ground level includes a coffee/wine bar, lounge, kitchen/prep area, event space, offices, restrooms, and access to a rear deck for outdoor use. The second floor (1,445 SF) is currently configured as office space and is well-suited for future residential or creative reuse with renovation. The property is zoned B-4 (Central Business), allowing for a wide range of high-density commercial uses including restaurant, retail, tavern, office, and upper-story residential. Directly adjacent and north of the property is multiple parcels owned by the City of Urbana and recently the buildings were demolished to make way for a large scale redevelopment project. The City of Urbana will be releasing a developer request for proposal in late spring 2026. 129 Race could be included in a developer project to increase the magnitude of a project. Property Highlights: Analog Wine Bar lease in place; tenant pays utilities and maintenance. Second-floor tenant on a month-to-month lease . Strong downtown location with excellent visibility and access. Functional mixed-use layout consistent with highest and best use. Opportunity to be purchased to enhance a redevelopment project to the north. This offering presents a compelling opportunity for an investor or owner-user seeking a stabilized asset with upside potential in a central business district setting. Building Size: 5,561 SF (4,116 SF first floor; 1,445 SF second floor). Site Size: 26,406 SF total (21,000 SF usable). Construction: Circa 1900 brick building; one- and two-story. Zoning: B-4 - Central Business District. Current Use: Mixed-use (restaurant / wine bar, office, flex space). Income & Tenancy: Analog Wine Bar lease in place ; tenant pays utilities & maintenance. Second-floor tenant month-to-month . Building Features: Recently remodeled first floor with refinished concrete floors. Updated mechanicals, electrical, and plumbing. Gas-fired forced air HVAC with central A/C (both floors). Membrane roof. Rear deck and exterior access for event or outdoor use. Parking & Access 42 on-site parking spaces (some leased to neighboring tenants; ~25 usable). Abundant nearby public parking. Location & Use Potential: Strong Race Street frontage with high visibility. Suitable for restaurant, retail, tavern, office, or mixed-use. Upper floor adaptable for office or residential conversion (with renovation).

129 N Race Street, Urbana



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