AbodeABODE

218 W Main Street

Urbana, IL 61801

218 W Main Street, Urbana, IL 61801 — exterior front view
218 W Main Street, Urbana, IL 61801 — exterior view
218 W Main Street, Urbana, IL 61801 — exterior view

218 W Main Street

Urbana, IL

$995,000

ActiveMLS #MRD12491245

218 W Main Street

Urbana, IL 61801

$995,000

Reduced $155,000

List Price

Studio

Layout

About This Property

FULLY RENOVATED AND FULLY LEASED! This historic downtown Urbana, Illinois "Stephen's Building" has been fully modernized and redesigned to today's living standards! The first floor offers 2 separate commercial spaces. The larger Westside suite is 2375 Sq. Ft. with an unfinished basement for additional storage space. This suite is currently rented for $2400/mo. The East commercial space is 1500 Sq. Ft. and rented for $1326/mo (discounted has been $2100/mo.) Upstairs you will find 4 fully renovate...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Days on Market265
Building
StyleMixed Use
Year Built1900
Lot Size48x110X44x116
CountyChampaign
CoolingCentral Air
FlooringVaries
ExteriorBrick
FoundationConcrete Perimeter
RoofMembrane
Lot Dimensions48x110X44x116
Legal DescriptionLOTS 3, 4 BLACKSHAW'S DR. E., ADD
MLS #MRD12491245
Days on Market265
List DateOctober 8, 2025
StatusActive
Annual Taxes$15,604
Listing Courtesy OfChampaign County Realty

Price reduced

$995,000

$100,000

Jun 23, 2026

Price reduced

$1,095,000

$55,000

Jan 19, 2026

Listed for sale

MLS #MRD12491245

$1,150,000

Oct 9, 2025

Mortgage Estimate

$6,332

/month
Principal & Interest
$5,031
Property Taxes
$1,300
20% · $199,000
6.5%

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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