Listing provided courtesy of eXp Realty-ChampaignMREDas Distributed by MLSGrid- MLS# 12659646
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Request Info503 W Green StreetUrbana, IL 61801
Commercial · 3 Beds$749,900
Active
503 W Green Street Overview
- Time on Site:
- 34 days
- Visits:
- 0
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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503 W Green Street Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 8650
- Gross Scheduled Income: 105600
- Insurance Expense: 0
- Maintenance Expense: 0
- Net Operating Income: 0
- Operating Expense: 0
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1890
Location/Region
- County Or Parish: Champaign
- MLS Area Major: Urbana
- Township: Cunningham
Rent/Lease Information
- Tenant Pays: Electricity
Tax Information
- Tax Annual Amount: $19,889.66
- Tax Year: 2025
General Information
- Parcel Number: 922117128005
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
General Information
- Stories: 3
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 60X243
General Information
- Number Of Units Total: 11
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 1
- Baths Total: 1
- Units Total: 10
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
503 W Green Street Neighborhood
Community
61801 (Urbana) Demographics
24
Median Age
5,741
Population Density (per sq. mile)
70%
College Educated
$32,569
Estimated Median Income
3,672
Estimated Total Home Owners
8,386
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.503 W Green Street Monthly Cost
503 W Green Street Market Data
Based on the last 30 days in this zip code
$287,869
Average List Price
$161
Average Price per Square Foot
9
Properties Sold
44
Average Days on Market
71
Properties for Sale
503 W Green Street History
| Date | Value | Agent |
|---|---|---|
| 6/1/2026Source: MRED | Active |
|
| 5/27/2026Source: MRED | May 27, 2026 |
|
| 7/29/2022Source: MRED | Closed |
|
| 6/20/2022Source: MRED | January 27, 2022 |
|
| 5/22/2022Source: MRED | Pending |
|
| 5/9/2022Source: MRED | Temporarily No Showings |
|
| 4/10/2022Source: MRED | Active |
|
| 4/5/2022Source: MRED | Re-activated |