# 503 W Green Street, Urbana, IL 61801

> **TL;DR:** 12bd/11ba residential multi family, $749,900, built 1890. Est. $3,250/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $749,900 |
| Bedrooms | 12 |
| Bathrooms | 11 full |
| Year Built | 1890 |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,250 |
| **Total** | **$3,250** |

## Property Highlights

- Built in 1890
- 3 stories

## Description

### Agent Description
Two separate parcels, 11 units , and potential for more development along High Street, located just blocks away from the vibrant and ever expanding University of Illinois Urbana Campus. The antebellum mansion on the Green Street side is well built and solid, full of charm and history. Current income of $8,800 a month roughly $105,000 in annual gross income. Gross Income projects to jump to $9,400 a month starting August 1, 2026. A mix of 10 one-bedroom and studio apartments, and one two-bedroom, this unit mix stabilized and fully leased, but also has room for rents to be bumped creating instant value. Major Electrical upgrades in 2024. The back lot, 58' x 123', faces High Street, and is currently used for parking. There is a substantial excess of parking, and the best long-term use is probably a duplex or other new construction.

## Location

- **Address:** 503 W Green Street, Urbana, IL 61801
- **County:** Champaign
- **Coordinates:** 40.110419, -88.213579
- **Google Maps:** https://www.google.com/maps?q=40.110419,-88.213579

## Listing Agent

- **Name:** J Leman
- **Brokerage:** eXp Realty-Champaign
- **Phone:** (888) 574-9405
- **Email:** j@jleman.com

## Primary Photo

![503 W Green Street - Primary Photo](http://lh.rdcpix.com/dfc0fa98ed7277366bf608b7c8c8d382l-f531738147r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/503-w-green-street-urbana-il-61801-12659646)*

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**MLS#:** 12659646 | **Updated:** 2026-06-19
**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://www.propertysimple.com/listing/503-w-green-street-urbana-il-61801-12659646)

---

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