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  • $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

    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!

    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#: 12350093MLS Logo

    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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