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!
Closed
$285,000
803 W Nevada St, Urbana, IL 61801
5beds
2,463sqft
Single Family Residence
Built in 1916
8,712 Square Feet Lot
$286,400 Zestimate®
$116/sqft
$2,913 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 21, 2025 at 02:04am
Listing courtesy of:
Nate Evans 217-493-9297,
eXp Realty-Mahomet,
Molly Jones 217-493-6200,
eXp Realty-Mahomet
Bought with:
Nate Evans
eXp Realty-Mahomet
Source: MRED as distributed by MLS GRID,MLS#: 12350093

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Bedroom 3
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 4
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 5
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Dining room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Kitchen
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10X15
Laundry
- Level: Basement
- Area: 36 Square Feet
- Dimensions: 6X6
Living room
- Level: Main
- Area: 210 Square Feet
- Dimensions: 14X15
Heating
- Steam
Cooling
- Wall Unit(s)
Features
- Basement: Partially Finished,Partial
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 3,080
- Total interior livable area: 2,463 sqft
- Finished area below ground: 231
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 8,712 sqft
- Dimensions: 61 X 140
Details
- Parcel number: 922117154005
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Urbana
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Services availability

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