503 W Green ST, Urbana, IL 61801
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503 W Green ST, Urbana, IL 61801
503 W Green ST, Urbana, IL 61801
503 W Green ST, Urbana, IL 61801
503 W Green ST, Urbana, IL 61801
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 699,900
Est. payment /mo
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Price Dropped by $25K

503 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 12659646

Year Built 1890

Annual Tax Amount $19,889

Tax Year 2025

Lot Dimensions 60X243

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Champaign

Area Urbana

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by J Leman of  eXp Realty-Champaign 

NEARBY SCHOOLS & PROPERTIES

Samuel Stella

Samuel Stella

Designated Managing Broker / Owner License ID: 471.021016

+1(224) 426-4652

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503 W Green ST

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