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$809,900

This income-producing multi-family investment property offers 12 rental units across five separate buildings on a combined 1.19 acres and is being sold with three parcels. Whether you're purchasing your first multi-unit property or expanding an existing investment portfolio, this property allows an additional upside through future rental increases. The property includes four duplex buildings located at 652-656 Hagenbuch Street, 660-664 Hagenbuch Street, 668-672 Hagenbuch Street, and 807-809 Concord Street. Each duplex contains two 2 bedrooms, 1 bath apartments. The fifth building, located at 620-644 Hagenbuch Street, is a four-unit building featuring two 2 bedrooms, 1 bath apartments and two 1 bedroom, 1 bath apartments. Combined, the five buildings offer approximately 7,232 square feet of living space and generates a rental income of $8,675 per month. Some units have been remodeled, while others present opportunities for value-added improvements. Current rents range from $425 to $900 per month, offering potential for increased income as leases renew. The property also benefits from a stable tenant base, with several long-term residents who have occupied their units for 11, 15, and more than 20 years. The sale includes 12 refrigerators and 12 ranges, allowing for a smooth transition to new ownership. The owner currently pays for water, sewer and trash service, with water/sewer expenses averaging approximately $360 per month, while tenants are responsible for all other utilities. Current annual property insurance is approximately $6,100. With a diverse unit mix, established occupancy, and opportunity to increase rental income, this well-located multi-family property presents an excellent investment opportunity for both new and experienced investors.

14 Beds ⋅ 14 Baths ⋅ 964781 MLS ⋅ V Patrick Hamilton

This income-producing multi-family investment property offers 12 rental units across five separate buildings on a combined 1.19 acres and is being sold with three parcels. Whether you're purchasing your first multi-unit property or expanding an existing investment portfolio, this property allows an additional upside through future rental increases. The property includes four duplex buildings located at 652-656 Hagenbuch Street, 660-664 Hagenbuch Street, 668-672 Hagenbuch Street, and 807-809 Concord Street. Each duplex contains two 2 bedrooms, 1 bath apartments. The fifth building, located at 620-644 Hagenbuch Street, is a four-unit building featuring two 2 bedrooms, 1 bath apartments and two 1 bedroom, 1 bath apartments. Combined, the five buildings offer approximately 7,232 square feet of living space and generates a rental income of $8,675 per month. Some units have been remodeled, while others present opportunities for value-added improvements. Current rents range from $425 to $900 per month, offering potential for increased income as leases renew. The property also benefits from a stable tenant base, with several long-term residents who have occupied their units for 11, 15, and more than 20 years. The sale includes 12 refrigerators and 12 ranges, allowing for a smooth transition to new ownership. The owner currently pays for water, sewer and trash service, with water/sewer expenses averaging approximately $360 per month, while tenants are responsible for all other utilities. Current annual property insurance is approximately $6,100. With a diverse unit mix, established occupancy, and opportunity to increase rental income, this well-located multi-family property presents an excellent investment opportunity for both new and experienced investors.

644 Hagenbuch Street, Urbana

Courtesy of V Patrick Hamilton and RE/MAX Alliance Realty

$149,700

Investor opportunity. Property has been gutted to the studs, with a new roof in place. In 2025, new siding, replacement windows including tempered glass on the first floor, driveway replacement, and new exterior doors, excluding the front door, were completed. Property is being sold as-is, offering a solid starting point for your next project. Room sizes are approximate, please rely on your own measurements.

4 Beds ⋅ 964518 MLS ⋅ Glenda Marck

Investor opportunity. Property has been gutted to the studs, with a new roof in place. In 2025, new siding, replacement windows including tempered glass on the first floor, driveway replacement, and new exterior doors, excluding the front door, were completed. Property is being sold as-is, offering a solid starting point for your next project. Room sizes are approximate, please rely on your own measurements.

207 W Market Street, Urbana

Courtesy of Glenda Marck and Keller Williams Community Part

$240,000

Turnkey Multifamily Investment Opportunity. Fully Occupied & Income Producing Don't miss this excellent opportunity to acquire a fully occupied, cash-flowing multifamily property in a quiet, desirable neighborhood. This updated double has been extensively remodeled and features reliable tenants already in place, providing immediate rental income from day one. Property Highlights: Lower Unit 2 Bedrooms, 1 Bathroom, Freshly remodeled throughout.Brand-new kitchen, Brand-new bathroom. Two porches Appliances included. Currently rented for $1,200/month. Upper Unit 1 Bedroom, 1 Bathroom. Freshly remodeled. Brand-new kitchen. Appliances included. Currently rented for $900/month. Lease expires May 4, 2027 Investment Details Total Monthly Rental Income: $2,100 Annual Gross Rental Income: $25,200 Security deposits on file, Owner pays water sewer and trash. Many updates completed throughout the property. Fully occupied with established tenants This is an ideal addition to any investment portfolio, offering immediate cash flow and updated interiors that help minimize future maintenance concerns.

3 Beds ⋅ 2 Baths ⋅ 963600 MLS ⋅ Natasha Coppess

Turnkey Multifamily Investment Opportunity. Fully Occupied & Income Producing Don't miss this excellent opportunity to acquire a fully occupied, cash-flowing multifamily property in a quiet, desirable neighborhood. This updated double has been extensively remodeled and features reliable tenants already in place, providing immediate rental income from day one. Property Highlights: Lower Unit 2 Bedrooms, 1 Bathroom, Freshly remodeled throughout.Brand-new kitchen, Brand-new bathroom. Two porches Appliances included. Currently rented for $1,200/month. Upper Unit 1 Bedroom, 1 Bathroom. Freshly remodeled. Brand-new kitchen. Appliances included. Currently rented for $900/month. Lease expires May 4, 2027 Investment Details Total Monthly Rental Income: $2,100 Annual Gross Rental Income: $25,200 Security deposits on file, Owner pays water sewer and trash. Many updates completed throughout the property. Fully occupied with established tenants This is an ideal addition to any investment portfolio, offering immediate cash flow and updated interiors that help minimize future maintenance concerns.

827 N Oakland Street Unit 827 1/2, Urbana

Courtesy of Natasha Coppess and Howard Hanna Real Estate Serv

$145,000

Welcome home to this super cute, fully updated 2-bedroom, 1-bath bungalow that's as charming as it is affordable! Conveniently located close to shopping, dining, and everyday amenities, this refreshed home is truly move-in ready. Enjoy peace of mind with major updates already completed, including a new roof (2025), furnace (2024), and water heater (2024). Inside, you'll love the refreshed kitchen, updated flooring, and cozy, inviting feel throughout. Whether you're a first-time buyer, looking to downsize, or searching for a low-maintenance home, this quaint bungalow is one you won't want to miss! Pool does not convey!

2 Beds ⋅ 1 Baths ⋅ 962877 MLS ⋅ KD ` Nave

Welcome home to this super cute, fully updated 2-bedroom, 1-bath bungalow that's as charming as it is affordable! Conveniently located close to shopping, dining, and everyday amenities, this refreshed home is truly move-in ready. Enjoy peace of mind with major updates already completed, including a new roof (2025), furnace (2024), and water heater (2024). Inside, you'll love the refreshed kitchen, updated flooring, and cozy, inviting feel throughout. Whether you're a first-time buyer, looking to downsize, or searching for a low-maintenance home, this quaint bungalow is one you won't want to miss! Pool does not convey!

335 Louden Street, Urbana

Courtesy of KD ` Nave and Glasshouse Realty Group

$249,900

Discover the charm of this craftsman style residence, a welcoming haven designed for comfortable living. The exterior boasts a distinctive metal roof and an inviting front porch, enhancing its classic curb appeal with a combination of brick and siding construction. Natural light floods the interior, highlighting the elegant wood floors and freshly installed carpeting found throughout. The living areas are thoughtfully designed for both relaxation and entertaining, with ceiling fans providing comfort. The dining room is open to the kitchen offering ample space for entertaining. The heart of the home features a spacious kitchen equipped with a dishwasher, refrigerator, and microwave, complemented by a stylish kitchen island that is perfect for culinary endeavors and casual dining. Retreat to the comfortable bedrooms, many of which feature plush carpeting and convenient walk-in closets, ensuring ample storage and a serene atmosphere. A full, unfinished basement offers plenty of room for storage or additional use. Outside, a generous deck overlooks a private, fenced backyard, creating an ideal setting for outdoor gatherings and peaceful moments. A detached shed offers practical storage solutions. This home truly combines comfort, style, and functionality.

4 Beds ⋅ 2 Baths ⋅ 961713 MLS ⋅ Tiffany A Lobertini

Discover the charm of this craftsman style residence, a welcoming haven designed for comfortable living. The exterior boasts a distinctive metal roof and an inviting front porch, enhancing its classic curb appeal with a combination of brick and siding construction. Natural light floods the interior, highlighting the elegant wood floors and freshly installed carpeting found throughout. The living areas are thoughtfully designed for both relaxation and entertaining, with ceiling fans providing comfort. The dining room is open to the kitchen offering ample space for entertaining. The heart of the home features a spacious kitchen equipped with a dishwasher, refrigerator, and microwave, complemented by a stylish kitchen island that is perfect for culinary endeavors and casual dining. Retreat to the comfortable bedrooms, many of which feature plush carpeting and convenient walk-in closets, ensuring ample storage and a serene atmosphere. A full, unfinished basement offers plenty of room for storage or additional use. Outside, a generous deck overlooks a private, fenced backyard, creating an ideal setting for outdoor gatherings and peaceful moments. A detached shed offers practical storage solutions. This home truly combines comfort, style, and functionality.

236 Lincoln Place, Urbana

Courtesy of Tiffany A Lobertini and Howard Hanna Real Estate Serv

$265,000

Due to the location in Champaign County there are a number of rural and government backed loans you may qualify for such including USDA check with your favorite lenders! This Old-Style home is a rare find as it's .83 of an acre and conveniently located in very close proximity to downtown and the fairgrounds. In addition to the home this property sits on a total of 3 parcels which includes over a half-acre lot plus loads of parking. It also includes a 21x15 shed, a raised garden area and a tree lined view. A new deck was added in 2023 that spans the back of the house and then wraps around the one side. There is also a welcoming front porch that leads into the main floor which includes a large living room with exposed beams, hardwood floors, and a wood-burning stove. Most of the lighting has been updated in the last few years. French doors open to the dining room and to a completely remodeled spacious kitchen with new GE refrigerator, range, dishwasher plus a built-in whirlpool microwave as well as new cabinets, countertops, flooring, backsplash, sink and flooring. Sitting adjacent to the kitchen is a utility room, a nicely updated half bath, access to the cellar and then the bonus of a cheery window-filled sunroom with views of the beautiful backyard. The bedrooms are on the second floor which has all new flooring in April of 2025. The primary bedroom almost feels like it could have been two rooms originally as it is extra-large with two closets. There is a full bath with a double vanity. The roof was new in 2024, the deck in 2023, the fence that encloses the upper part of yard and privacy fence by the parking area in 2022. The kitchen in 2026. Opportunities like this are rare, don't miss your chance to make this unique property your own.

3 Beds ⋅ 2 Baths ⋅ 961208 MLS ⋅ Lisa Smedley

Due to the location in Champaign County there are a number of rural and government backed loans you may qualify for such including USDA check with your favorite lenders! This Old-Style home is a rare find as it's .83 of an acre and conveniently located in very close proximity to downtown and the fairgrounds. In addition to the home this property sits on a total of 3 parcels which includes over a half-acre lot plus loads of parking. It also includes a 21x15 shed, a raised garden area and a tree lined view. A new deck was added in 2023 that spans the back of the house and then wraps around the one side. There is also a welcoming front porch that leads into the main floor which includes a large living room with exposed beams, hardwood floors, and a wood-burning stove. Most of the lighting has been updated in the last few years. French doors open to the dining room and to a completely remodeled spacious kitchen with new GE refrigerator, range, dishwasher plus a built-in whirlpool microwave as well as new cabinets, countertops, flooring, backsplash, sink and flooring. Sitting adjacent to the kitchen is a utility room, a nicely updated half bath, access to the cellar and then the bonus of a cheery window-filled sunroom with views of the beautiful backyard. The bedrooms are on the second floor which has all new flooring in April of 2025. The primary bedroom almost feels like it could have been two rooms originally as it is extra-large with two closets. There is a full bath with a double vanity. The roof was new in 2024, the deck in 2023, the fence that encloses the upper part of yard and privacy fence by the parking area in 2022. The kitchen in 2026. Opportunities like this are rare, don't miss your chance to make this unique property your own.

131 Hill Street, Urbana

Courtesy of Lisa Smedley and Home City Real Estate

$249,900

Tucked away on a wooded country lot between Urbana and Springfield, this contemporary ranch-style home offers the perfect blend of privacy, convenience, and comfortable one-level living. Situated on approximately a half-acre lot, the property provides easy access to US Highway 68, Interstate 70, US Highway 36, and State Route 4, making commuting and travel simple while still enjoying a peaceful country setting. Offering nearly 1,700 square feet of living space, this 3-bedroom home features an open floor plan designed for both everyday living and entertaining. The spacious living room is filled with natural light from walls of windows and is enhanced by a smart Bluetooth-enabled pellet stove that creates warmth and ambiance at the touch of a button. The living room flows seamlessly into the kitchen, which comes fully equipped with a range, refrigerator, microwave, and dishwasher. Beyond the kitchen is an oversized dining area that could also serve as a second family room or gathering space, featuring cathedral ceilings and a cozy wood-burning stove. The home also offers a generously sized laundry room with additional cabinetry for storage, and the washer and dryer are included with the sale. Thoughtful updates throughout the property provide peace of mind, including a new roof in 2022, water heater and water softener in 2024, driveway replacement in 2024, and new siding in 2025. Step outside and discover a backyard designed for relaxation and entertaining. A large patio overlooks the private yard, with neighboring privacy fencing on both sides creating a secluded outdoor retreat. An impressive outbuilding offers workshop space on the main level, while the upper level provides endless possibilities for additional living space, a guest room, hobby area, or extra storage. Toward the rear of the property, a second building serves as additional storage and features a unique outdoor bar area, making it the perfect destination for hosting family and friends.

3 Beds ⋅ 1 Baths ⋅ 960706 MLS ⋅ V Patrick Hamilton

Tucked away on a wooded country lot between Urbana and Springfield, this contemporary ranch-style home offers the perfect blend of privacy, convenience, and comfortable one-level living. Situated on approximately a half-acre lot, the property provides easy access to US Highway 68, Interstate 70, US Highway 36, and State Route 4, making commuting and travel simple while still enjoying a peaceful country setting. Offering nearly 1,700 square feet of living space, this 3-bedroom home features an open floor plan designed for both everyday living and entertaining. The spacious living room is filled with natural light from walls of windows and is enhanced by a smart Bluetooth-enabled pellet stove that creates warmth and ambiance at the touch of a button. The living room flows seamlessly into the kitchen, which comes fully equipped with a range, refrigerator, microwave, and dishwasher. Beyond the kitchen is an oversized dining area that could also serve as a second family room or gathering space, featuring cathedral ceilings and a cozy wood-burning stove. The home also offers a generously sized laundry room with additional cabinetry for storage, and the washer and dryer are included with the sale. Thoughtful updates throughout the property provide peace of mind, including a new roof in 2022, water heater and water softener in 2024, driveway replacement in 2024, and new siding in 2025. Step outside and discover a backyard designed for relaxation and entertaining. A large patio overlooks the private yard, with neighboring privacy fencing on both sides creating a secluded outdoor retreat. An impressive outbuilding offers workshop space on the main level, while the upper level provides endless possibilities for additional living space, a guest room, hobby area, or extra storage. Toward the rear of the property, a second building serves as additional storage and features a unique outdoor bar area, making it the perfect destination for hosting family and friends.

1337 W Dallas Road, Urbana

Courtesy of V Patrick Hamilton and RE/MAX Alliance Realty

$214,900

MOTIVATED SELLER This two-story home in Urbana offers 1,977 square feet of living space on a 1.47-acre lot. The property includes four bedrooms and two bathrooms. Interior features include wood flooring and a kitchen equipped with a range, refrigerator, microwave, and disposal. A deck and porch provide outdoor space. The washer and dryer are included with the home. The property is located in a rural setting with access to local amenities. Great opportunity to build equity! This home offers great bones and plenty of potential. With some cosmetic updates and personal touches, it could truly shine. Ideal for investors, DIY enthusiasts, or buyers looking to customize a home to their taste.

4 Beds ⋅ 2 Baths ⋅ 954081 MLS ⋅ Samantha Kelley

MOTIVATED SELLER This two-story home in Urbana offers 1,977 square feet of living space on a 1.47-acre lot. The property includes four bedrooms and two bathrooms. Interior features include wood flooring and a kitchen equipped with a range, refrigerator, microwave, and disposal. A deck and porch provide outdoor space. The washer and dryer are included with the home. The property is located in a rural setting with access to local amenities. Great opportunity to build equity! This home offers great bones and plenty of potential. With some cosmetic updates and personal touches, it could truly shine. Ideal for investors, DIY enthusiasts, or buyers looking to customize a home to their taste.

3263 S Us Highway 68, Urbana

Courtesy of Samantha Kelley and Sheridans LLC

$610,000

Located in the heart of Downtown Urbana, the Dr. Adam Mosgrove House at 127 Miami Street is a nationally recognized historic landmark built in 1833 and listed on the National Register of Historic Places. Zoned B-3, this Federal-style brick, two-and-a-half-story apartment building features five one-bedroom apartments with shared main-level laundry for tenant convenience, an unfinished top-floor unit with expansion potential, and an additional vacant lot, along with a walk-out lower-level commercial unit addressed as 109 W Walnut Street, currently occupied by a plumbing business that has operated at this location for 72 years.

5 Beds ⋅ 7 Baths ⋅ 950919 MLS ⋅ Kristann Wages

Located in the heart of Downtown Urbana, the Dr. Adam Mosgrove House at 127 Miami Street is a nationally recognized historic landmark built in 1833 and listed on the National Register of Historic Places. Zoned B-3, this Federal-style brick, two-and-a-half-story apartment building features five one-bedroom apartments with shared main-level laundry for tenant convenience, an unfinished top-floor unit with expansion potential, and an additional vacant lot, along with a walk-out lower-level commercial unit addressed as 109 W Walnut Street, currently occupied by a plumbing business that has operated at this location for 72 years.

127 Miami Street, Urbana

Courtesy of Kristann Wages and Keller Williams Home Town Rlty

$749,900

Perched atop a gentle hillside and set back from the road, this amazing country property captures breathtaking open valley views of picturesque farmland and the vibrant changing of the leaves. Offering nearly 30 acres, with approximately 13 tillable and 16 wooded, this is a rare opportunity for those seeking a private retreat surrounded by nature's beauty. The two-story brick home provides almost 3,000 square feet of living space, featuring four, possibly five, bedrooms and oversized rooms throughout. The spacious living room showcases a large south-facing window that fills the space with natural light and a wood-burning Buck Stove fireplace with a blower, new in 2021, perfect for cozy gatherings. The huge eat-in kitchen, highlighted by an exposed brick wall, offers an abundance of newer white cabinetry, generous counter space, and all appliances, including the washer and dryer, convey with the home. The main level includes a large bedroom and a versatile flex room with hardwood floors and an open staircase that could serve as an office, playroom, or second living area. Upstairs are three, possibly four, bedrooms, including one that measures an impressive 28X17 feet. Outdoor living is just as inviting with a 51-foot-long covered front porch, ideal for relaxing and taking in the sweeping country views. The home is located in Graham School District and has easy access to US Hwy 68 and State Route 235 for easy commutes. Recent updates include a new well in 2023, along with a new water heater, softener, and pressure tank in 2020. This one-of-a-kind property offers the best of both worlds with nearly 3,000 square feet of comfortable living space and almost 30 acres of land to explore, farm, or simply enjoy in peace. Whether you're looking for a family homestead, a hobby farm, or a secluded country getaway, this hillside estate delivers the space, charm, and serenity you've been dreaming of. Bring your decorating ideas and make this home your own.

4 Beds ⋅ 2 Baths ⋅ 947110 MLS ⋅ V Patrick Hamilton

Perched atop a gentle hillside and set back from the road, this amazing country property captures breathtaking open valley views of picturesque farmland and the vibrant changing of the leaves. Offering nearly 30 acres, with approximately 13 tillable and 16 wooded, this is a rare opportunity for those seeking a private retreat surrounded by nature's beauty. The two-story brick home provides almost 3,000 square feet of living space, featuring four, possibly five, bedrooms and oversized rooms throughout. The spacious living room showcases a large south-facing window that fills the space with natural light and a wood-burning Buck Stove fireplace with a blower, new in 2021, perfect for cozy gatherings. The huge eat-in kitchen, highlighted by an exposed brick wall, offers an abundance of newer white cabinetry, generous counter space, and all appliances, including the washer and dryer, convey with the home. The main level includes a large bedroom and a versatile flex room with hardwood floors and an open staircase that could serve as an office, playroom, or second living area. Upstairs are three, possibly four, bedrooms, including one that measures an impressive 28X17 feet. Outdoor living is just as inviting with a 51-foot-long covered front porch, ideal for relaxing and taking in the sweeping country views. The home is located in Graham School District and has easy access to US Hwy 68 and State Route 235 for easy commutes. Recent updates include a new well in 2023, along with a new water heater, softener, and pressure tank in 2020. This one-of-a-kind property offers the best of both worlds with nearly 3,000 square feet of comfortable living space and almost 30 acres of land to explore, farm, or simply enjoy in peace. Whether you're looking for a family homestead, a hobby farm, or a secluded country getaway, this hillside estate delivers the space, charm, and serenity you've been dreaming of. Bring your decorating ideas and make this home your own.

5230 W US Highway 36, Urbana

Courtesy of V Patrick Hamilton and RE/MAX Alliance Realty