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503 W Green Street
Urbana IL 61801 US

$749,900

Active Listing ID 12659646
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12 bed
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11.00 Bath (11 Full)
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Other

$749,900

Active Listing ID 12659646
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503 W Green Street 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 11

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 749900
  • unparsedaddress: 503 W Green Street
  • postalcity: Urbana
  • stateorprovince: IL
  • country: US
  • postalcode: 61801
  • bathroomsfull: 11
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.110419
  • longitude: -88.213579
  • listagentfullname: J Leman
  • listagentemail: j@jleman.com
  • listagentkey: 3yd-MREDIL-950278
  • listagentmlsid: 950278
  • listagentpreferredphone: (888) 574-9405
  • listagentofficephone: 2177785320
  • listofficekey: 3yd-MREDIL-95401
  • listofficemlsid: 95401
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1890
  • listingcontractdate: 2026-05-27
  • listagenturl: https://il.exprealty.com/
  • countyorparish: Champaign
  • parcelnumber: 922117128005
  • numberofunitstotal: 11
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 11, Bedroom 9, Bathroom 10, Bathroom 7, Bathroom 4, Bedroom 12, Bathroom 1, Bedroom 8, Bathroom 8, Bathroom 9, Bathroom 11, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 10, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 6, Bedroom 7
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -88.21358, 40.11042
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"j@jleman.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"il.broker@expreatly.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3021210a6cb11e290dc1231390c3dc2/20241220182434696.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(888) 574-9405", "ListBrokeragePostalCode":"60642", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"#750", "ListBrokerageUnparsedAddress":"939 W North Ave", "ListBrokerageWebsiteUrl":"https://il.exprealty.com/", "ListOfficeAddress1":"301 N Neil St Ste 338 ", "ListOfficeAddress2":"#750", "ListOfficeBrokerMlsId":"95401", "ListOfficeCity":"Champaign", "ListOfficeCountry":"US", "ListOfficeEmail":"il.broker@expreatly.net", "ListOfficePostalCode":"61820", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Urbana, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/503-W-Green-St_Urbana_IL_61801_M83004-28759?f=listhub&s=MREDIL&m=12659646&c=rexren", "MLSModificationTimestamp":"2026-06-02 05:06:11", "Neighborhoods":[{"Description":null, "Name":"Urbana"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":19890, "TaxDescription":"PTS LOTS 10 & 13, SNYDERS ADDITION", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/2/2026 5:28:04 AM GMT
Source Updated Date: 6/3/2026 6:54:35 PM GMT

Courtesy of: J Leman, eXp Realty-Champaign, j@jleman.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.