Urbana, IL 61801 803 W Nevada Street

803 W Nevada Street Urbana, IL - Image 1803 W Nevada Street Urbana, IL - Image 2803 W Nevada Street Urbana, IL - Image 3
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Presented By: eXp Realty,LLC-Mahomet
  • MLS# 12350093
  • 04/28/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Full/Half Baths • 2 / 1
  • SQFT • 2,463
  • Garage • 2

Home Details

Unbeatable Investment Opportunity near the University of Illinois! This prime Urbana home for sale is located just half a block off Lincoln Avenue in the heart of campus, offering unparalleled access to top university destinations. Within walking distance to Cafe Paradiso, the Departments of Social Work and Dance, and the Early Childhood Lab, it's also just two blocks from Krannert Center and three blocks from the Quad. Whether you're seeking Champaign County real estate for long-term wealth building or immediate cash flow, this investment opportunity is perfectly positioned. The current lease runs through July, providing steady rental income in a consistently high-demand location. For the motivated seller, this property has produced year-over-year rent increases and promises both short- and long-term upside as rental rates climb and interest rates ease. Although this building could benefit from minor interior updates, it already features key highlights many investors look for-like potential for updated kitchens, space for energy-efficient appliances, and a layout that supports maximum occupancy. This is a rare chance to own a move-in ready property in one of Urbana's most coveted areas. Priced to sell and ideal for first-time investors, experienced buyers, or parents of future Illini students. Act quickly-properties in this location don't last long. Contact us today for full financials and a private showing!
Presented By: eXp Realty,LLC-Mahomet

Interior Features for 803 W Nevada Street

Bedrooms

Bedrooms Possible5
Total Bedrooms5

Bathrooms

Half Baths1
Total Baths3

Other Interior Features

LivingAreaSourceEstimated
BasementPartially Finished, Partial
Below Grade Finished Area231
Total Fireplaces1

Other Rooms

Room TypeBedroom 5

General for 803 W Nevada Street

Assoc Fee Paid PerNot Applicable
Association Fee IncludesNone
CityUrbana
Construction MaterialsBrick
ContingencyOther Contingency
CoolingWall Unit(s)
CountyChampaign
Directions1/2 Block East of Lincoln on Nevada. South side of street, one block from Cafe Paradisio and Campus
Elementary SchoolLeal Elementary School
Elementary School District116
Full Baths2
Garage Spaces2
HeatingSteam
High SchoolUrbana High School
High School District116
MLS AreaUrbana
Middle/Junior High SchoolLeal Elementary School
Middle/Junior School District116
ModificationTimestamp2025-06-02T17:53:01.945Z
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential
Property TypeDetached Single
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount14144
Tax Year2023
Total Rooms8
TownshipCunningham
Year Built1916

Exterior for 803 W Nevada Street

Foundation DetailsBrick/Mortar
Lot Dimensions61 X 140
Lot Size Acres0.2
Parking FeaturesOn Site, Garage Owned, Detached, Garage
Total Parking2
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Schools

High School Urbana High School
Middle School Leal Elementary School

Client Care

Price $299,900
MLS#12350093
List Date 04/28/2025
Property Type Contingent
Phone 847.485.2500
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