# 705 W Elm Street, Urbana, IL 61801

> **TL;DR:** 16bd/10ba residential multi family, $825,000.
> A/C. Est. $4,413/mo. Listed 49 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $825,000 |
| Bedrooms | 16 |
| Bathrooms | 10 full |
| Lot Size | 6,098 sqft (0.14 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 49 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,172 |
| Estimated Insurance | $241 |
| **Total** | **$4,413** |

## Key Amenities

- A/C

## Property Highlights

- 0.14 acre lot
- 3 stories

## Description

### Agent Description
On Campus investment opportunity. 10-unit building with six 2 BD units and four 1 BD units. Gross Monthly income is $9,770. Parking is available to rent to tenants. There is an on-site laundry facility. The efficiencies are fully furnished and include fiber-optic internet. Each unit includes a window air conditioner. Each kitchen has a gas stove. Room to bump rents. Fully leases for 2026/2027 School year. Financials attached.

## Location

- **Address:** 705 W Elm Street, Urbana, IL 61801
- **County:** Champaign
- **Coordinates:** 40.111253, -88.216708
- **Google Maps:** https://www.google.com/maps?q=40.111253,-88.216708

## Listing Agent

- **Name:** J Leman
- **Brokerage:** eXp Realty, LLC
- **Broker Phone:** (888) 574-9405
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/705-W-Elm-St_Urbana_IL_61801_M87121-62487?f=listhub&s=MREDIL&m=12760030&c=propsimple)

## Photos

![705 W Elm Street - Photo 1](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f1349662397r.jpg)

![705 W Elm Street - Photo 2](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f1593008761r.jpg)

![705 W Elm Street - Photo 3](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f3325213322r.jpg)

![705 W Elm Street - Photo 4](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f768496172r.jpg)

![705 W Elm Street - Photo 5](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f2822894395r.jpg)

![705 W Elm Street - Photo 6](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f2593757324r.jpg)

![705 W Elm Street - Photo 7](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f472448851r.jpg)

![705 W Elm Street - Photo 8](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f3890454982r.jpg)

![705 W Elm Street - Photo 9](http://lh.rdcpix.com/dd43763c0366a41ef53e38cc9012647fl-f3820786467r.jpg)

---

**MLS#:** 12760030 | **Updated:** 2026-10-25
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/705-w-elm-street-urbana-il-61801-4f74e6276cb7484c837cefc1eb946c02)

---

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