Urbana, IL 61801,603 W Green Street
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Urbana, IL 61801,603 W Green Street
Urbana, IL 61801,603 W Green Street
Urbana, IL 61801,603 W Green Street
Urbana, IL 61801,603 W Green Street
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Listed by Kimberly Krisman-Clarkof RE/MAX REALTY ASSOCIATES-CHA
$ 975,000
Est. payment /mo
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Active

603 W Green Street Urbana, IL 61801

10,018 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

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

Zoning MULTI

Rooms

Basement Partially Finished

Interior

Cooling Window Unit(s)

Fireplace Y

Exterior

Utilities Available Sewer Connected

View Y/N true

Roof Type Composition,Membrane,Rubber

Building

Water Municipal Water

Structure Type Brick


Midwest Real Estate Data (MRED) VOW
SCHOOLSPROPERTIES
Elementary Schools 20
  • 6

    Bottenfield Elementary School

    Public | KG - 5

  • 6

    South Side Elementary School

    Public | KG - 5

  • 5

    Washington Elementary School

    Public | KG - 5

  • 5

    Thomas Paine Elementary School

    Public | KG - 5

  • 4

    Stratton Elementary School

    Public | KG - 5

  • 4

    Leal Elementary School

    Public | KG - 5

  • 4

    Wiley Elementary School

    Public | KG - 5

  • 4

    Yankee Ridge Elementary School

    Public | KG - 5

  • 1

    M L King Jr Elementary School

    Public | KG - 5

  • 1

    Prairie Elementary School

    Public | KG - 5

  • 0

    Judah Christian School

    Private | PK - 12

  • 0

    Pavilion Foundation School

    Private | 2 - 12

  • 0

    Montessori School of Champaign-Urbana

    Private | PK - 3

  • 0

    Kindercare Learning Center

    Private | PK - KG

  • 0

    Holy Cross Elementary School

    Private | PK - 8

  • 0

    Chesterbrook Academy

    Private | PK - TKG

  • 0

    University Primary School

    Private | PK - 5

  • 0

    Circle Academy

    Private | 3 - 12

  • 0

    Kingswood School

    Private | PK - 12

  • 0

    Calvary Baptist Christian Academy

    Private | KG - 12

Middle Schools 6
  • 5

    Edison Middle School

    Public | 6 - 8

  • 4

    Franklin Middle School

    Public | 6 - 8

  • 4

    Urbana Middle School

    Public | 6 - 8

  • 0

    R E a D y Program

    Public | 6 - 12

  • 0

    University of Illinois High School

    Public | 8 - 12

  • 0

    Campus Middle School for Girls

    Private | 6 - 8

High Schools 3
  • 5

    Central High School

    Public | 9 - 12

  • 5

    Urbana High School

    Public | 9 - 12

  • 0

    Novak Academy

    Public | 9 - 12

School and business data provided by Attom Data.
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603 W Green Street