Back to searchdwelloSaveShareHideMore
Price cut: $24,900
View all 10 photos
Multi Family 5+ · Urbana, IL
$725,000$749,900
beds · baths
503 W Green Street, Urbana, IL, 61801
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

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.
— the listing agent’s description

The home

Built in 1890
Lot 60X243
Multi Family 5+

What it’ll cost

$19,890 taxes / yr
No HOA
Listed $749,900
Now $725,000
82 days on dwello

Estimated monthly payment

$5,723/mo
Principal & interest$3,855
Property taxes$1,657
Homeowners insurance$211
Get pre-qualified →Connect with a licensed lender in the dwello network.
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
82 days on dwello
Price history
Price reduced
Aug 16, 2026
↓ $24,900$725,000
Listed for sale
May 27, 2026
$749,900
Now $24,900 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$19,890/yr
From county records — verify with the assessor.

Schools nearby

Thornburn School · 0.2 mi
Leal Elementary School · 0.2 mi
Urbana High School · 0.6 mi
University of Illinois Laboratory High School · 0.6 mi
Campus Middle School for Girls · 0.8 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
Loading map…
Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by J Leman · eXp Realty-Champaign
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 5:06 AM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 5:06 AM 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.
Schedule a tour Message
No pressure — reach out whenever you’re ready.
Similar homes nearby
MessageSchedule a tour