About This Home

This 8-bedroom, 2-bathroom residential multi family at 709 W California Avenue in Urbana, IL is listed for $330,000. Built in 1898, on a N/A lot.

Key Features

  • Built in 1898
  • 2 parking spaces

Property Details

4 full
2 spaces
1898
Listing Description

Turnkey investment opportunity in the heart of desirable West Urbana, just minutes from the University of Illinois! The tenants are responsible for all utilities except sanitary service; this property offers immediate cash flow from day one. Whether you're expanding your investment portfolio or purchasing your first income property, this is an excellent opportunity.

As a duplex, it may also qualify for attractive residential financing options, including a 30-year fixed-rate loan, helping maximize your long-term return. Don't miss your chance to own a well-maintained, cash-flowing property in a prime campus location with strong rental demand! Many updates have been made in the last couple of years, new siding, new windows, bathroom, bedrooms, landscaping, etc. Don't miss amazing home! Schedule your private showing today!

Monthly Cost Estimate

$1,765/mo

20% down · 6.5% · 30 years

Principal$239
Interest$1,430
Insurance$96

Estimates only. Actual payments may vary.

Location

709 W California Avenue

Urbana, IL 61801

Property Details

Construction

Vinyl Siding

Parking

Owned

Heating

Forced AirBaseboard

Questions & Answers

This 8-bedroom, 2-bathroom residential multi family at 709 W California Avenue is listed at $330,000. The estimated monthly payment is $1,765 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1898, 2 parking spaces.

This property is listed by Carol Meinhart.

CM

Carol Meinhart

Agent at The Real Estate Group LLC

Listed by The Real Estate Group LLC · Broker phone: (217) 898-9204 · View on Broker Site · Broker website

MLS# 12723769· Source: Midwest Real Estate Data, LLC· 89 days on PropertySimple

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.

709 W California Avenue, Urbana, IL 61801

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