Price cut: $199,000
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Land · Urbana, IL
$400,000$599,000
— beds · — baths
402 W Griggs Street, Urbana, IL, 61801
A brick-and-mortar place to make your own — room to make it home.
Active
What’s special
1.08-acre lot
1.08 ACRES WITH A SPECTACULAR LOCATION! A few blocks from Lincoln Avenue in the University of Illinois Corridor, directly south of the Carle Hospital, right around the corner from downtown Urbana. Prime development land, the frontage extends from Central Street to McCullough Street and goes back to the tracks. This is a very deep lot. This would be ideal for multi unit apartments, or commercial or both. Largest lot near campus for development!!! This is a city block long!!! See Plat in additional info.
— the listing agent’s description
The home
1.08-acre lot
Land
What it’ll cost
$4,629 taxes / yr
No HOA
Listed $599,000
Now $400,000
374 days on dwello
Estimated monthly payment
$2,630/mo
Principal & interest$2,127
Property taxes$386
Homeowners insurance$117
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing
Tour this home
In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
374 days on dwello
Price history
Price reduced
Aug 13, 2026
↓ $199,000$400,000
Listed for sale
Aug 5, 2025
$599,000
Now $199,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
From county records — verify with the assessor.
Schools
Elementary — Urbana Elementary School
Middle — Urbana Middle School
High — Urbana High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing data
Listed by Michael Cross · RE/MAX REALTY ASSOCIATES-CHA
Listing last updated Aug 13, 2026 · data refreshed from the MLS Aug 13, 2026, 3:37 PM CT
Based on information submitted to the MLS GRID as of Aug 13, 2026, 3:37 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
See it in personA real dwello agent on our team — never a sold lead.
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