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Lisa Grimes

lisa.grimes@engelvoelkers.com +1(708) 205-9518

$ 299,900

Est. payment -/mo

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New

803 W Nevada ST Urbana, IL 61801

5 Beds

2.5 Baths

2,463 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 2,463 sqft

Price per Sqft $121

MLS Listing ID 12350093

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1916

Annual Tax Amount $14,144

Tax Year 2023

Lot Size 8,712 Sqft

Lot Dimensions 61 X 140

Property Sub-Type Detached Single

Property Description

Unbeatable Investment Opportunity near the University of Illinois! This prime Urbana home for sale is located just half a block off Lincoln Avenue in the heart of campus, offering unparalleled access to top university destinations. Within walking distance to Cafe Paradiso, the Departments of Social Work and Dance, and the Early Childhood Lab, it's also just two blocks from Krannert Center and three blocks from the Quad. Whether you're seeking Champaign County real estate for long-term wealth building or immediate cash flow, this investment opportunity is perfectly positioned. The current lease runs through July, providing steady rental income in a consistently high-demand location. For the motivated seller, this property has produced year-over-year rent increases and promises both short- and long-term upside as rental rates climb and interest rates ease. Although this building could benefit from minor interior updates, it already features key highlights many investors look for-like potential for updated kitchens, space for energy-efficient appliances, and a layout that supports maximum occupancy. This is a rare chance to own a move-in ready property in one of Urbana's most coveted areas. Priced to sell and ideal for first-time investors, experienced buyers, or parents of future Illini students. Act quickly-properties in this location don't last long. Contact us today for full financials and a private showing!

Location

State IL

County Champaign

Area Urbana

Rooms

Basement Partially Finished, Partial

Interior

Heating Steam

Cooling Wall Unit(s)

Fireplaces Number 1

Fireplace Y

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Detached Single

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Leal Elementary School

Middle Schools Leal Elementary School

High Schools Urbana High School

School District 116 , 116, 116

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by Nate Evans • eXp Realty,LLC-Mahomet

Lisa Grimes

Luxury Real Estate Advisor | License ID: 475.155715

+1(708) 205-9518

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