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$975,000
Est. payment /mo
10,018 Sqft Lot
New
603 W Green ST Urbana, IL 61801
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12548899
Year Built 1919
Annual Tax Amount $20,387
Tax Year 2024
Lot Size 10,018 Sqft
Lot Dimensions 60.5X121.5 AND 47.25X60.5
Property Sub-Type Multi Family 5+
Property Description
This gorgeous Tudor-style multifamily asset combines historic charm with strong, stable income performance. Individual units feature hardwood flooring, original crown molding, and beautiful built-ins, offering architectural character that consistently appeals to tenants. The three-bedroom units include stunning sunrooms, adding highly desirable living space and enhanced tenant appeal. All units except the basement apartment feature covered rear balconies, providing private outdoor space that further differentiates the property in the market. The updated galley kitchens offer functional layouts with direct access to outdoor areas, ideal for relaxing or entertaining. The property is seconds from downtown Urbana and the University of Illinois campus, a premier location that supports consistent demand. Additional amenities include off-street parking and free laundry located in the shared basement. The building consists of four 3-bedroom units, two 2-bedroom units, and one 1-bedroom basement unit, creating a strong and flexible unit mix for both student and professional tenants. The property is fully leased through 2026, with multiple tenants already renewed for the 2026-2027 leasing season, delivering immediate and predictable cash flow. The asset has been managed in-house by the owner, a licensed Realtor, demonstrating pride of ownership and consistent oversight. This offering represents a turnkey, stabilized investment opportunity in one of Urbana's most desirable rental corridors.
Location
State IL
County Champaign
Area Urbana
Zoning MULTI
Rooms
Basement Partially Finished
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected
Roof Type Composition,Membrane,Rubber
Building
Dwelling Type Multi Family 5+
Water Municipal Water
Structure Type Brick

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kimberly Krisman-Clark of RE/MAX REALTY ASSOCIATES-CHA
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