$2,500,000
( $79.11Per Sq Foot )
$13,421 est/mo Sourced by Back At You705 E Colorado Avenue,Urbana, IL 61801
Urbana, IL 61801
Description
Don't miss your chance to own this well-situated apartment complex! It is perfectly placed in a quiet Urbana neighborhood, but still close to everything Champaign-Urbana has to offer! This building features 1, 2 and 3 bedroom apartments and townhouses. Secured entry and free off-street parking. It is a half block to the Red line and 2 blocks to the Green St, both take you to the central terminal downtown and to the University of Illinois campus. Grocery and convenience shopping nearby and there is fiberoptic internet access to every apartment. This is a great investment opportunity!
Details
| MLS # | 12751949 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 45 |
| Listing Provided By | Green Street Realty | Shannon Collins |
Features
| SQ Feet | 31,602 |
|---|---|
| Story(s) | 3 |
| Units | 26 |
| Zoning | MULTI |
| Acreage | 0.87 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Construction Materials | Wood |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 71846.08 |
Area Information
| State | IL |
|---|---|
| County | Champaign |
| City | Urbana |
| Zip Code | 61801 |
| Area | Urbana |
| Listing VS Median (in 61801) | |
Price: $2,500,000 low | high Med: $230,000 sqft: 31,602 low | high Med: 1,071 $ / sqft: $79 low | high Med: $215 On site: 45 low | high Med: 227 | |
Market Activity 61801
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Learn More About This Property
| State | IL |
|---|---|
| County | Champaign |
| City | Urbana |
| Zip Code | 61801 |
| Area | Urbana |
| Listing VS Median (in 61801) | |
Price: $2,500,000 low | high Med: $230,000 sqft: 31,602 low | high Med: 1,071 $ / sqft: $79 low | high Med: $215 On site: 45 low | high Med: 227 | |
Listing Updated: October 19, 2026 at 10:54:42 AM PDT