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
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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.