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709 W Nevada Street

Urbana, IL 61801

709 W Nevada Street, Urbana, IL 61801 — exterior front view
709 W Nevada Street, Urbana, IL 61801 — exterior view
709 W Nevada Street, Urbana, IL 61801 — exterior view

709 W Nevada Street

Urbana, IL

$589,000

ActiveMLS #MRD12523056

709 W Nevada Street

Urbana, IL 61801

$589,000

Reduced $26,000

List Price

Studio

Layout

About This Property

Discover an exceptional investment opportunity with this well-maintained 5-unit property in a prime Champaign location just minutes from the University of Illinois campus. The building features four spacious 2-bedroom, 1-bath units plus a larger 3-bedroom, 2-bath unit, offering strong rental appeal for students and professionals alike. Residents enjoy the convenience of on-site laundry located in the basement, as well as dedicated on-site parking-an increasingly rare amenity near campus. With it...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Days on Market204
Building
StyleOther
Year Built1913
Lot Size0.18 Acres
CountyChampaign
CoolingWindow Unit(s)
BasementStorage Space
ExteriorVinyl Siding, Stucco
FoundationBrick/Mortar
Lot Size0.18 Acres
Lot Dimensions58x140
Legal DescriptionLot 55 Block 5 Elmwood Add, T.S. Hubbard's
MLS #MRD12523056
Days on Market204
List DateDecember 4, 2025
StatusActive
Annual Taxes$19,316
Listing Courtesy OfTaylor Realty Associates

Price reduced

$589,000

$10,000

May 22, 2026

Price reduced

$599,000

$16,000

Mar 13, 2026

Listed for sale

MLS #MRD12523056

$615,000

Dec 4, 2025

Mortgage Estimate

$4,588

/month
Principal & Interest
$2,978
Property Taxes
$1,610
20% · $117,800
6.5%

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709 W Nevada Street, Urbana, IL 61801

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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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