Properties

Features
: Central Air
: Varies
Address Map
US
IL
Champaign
Urbana
61801
Main
218
Street
W89° 47' 24.9''
N40° 6' 45.6''
Premium Location On Main st. in downtown Urbana directly north of Busey Bank, 2-3 blocks to Courthouse
Urbana
Urbana
W
W
Additional Information
7750
: Brick
: Commercial
Separate Meters
Separate Meters
: Concrete Perimeter
48x110X44x116
6
6
Commercial
1095000
2
Champaign County Realty
Phillip Trautman
Financial
15604
Listing Information
MRD950816
MRD95007
MRED
Listing Information
Active
2026-06-29T05:06:03Z
2026-06-29T05:05:35Z
Property Description

FULLY RENOVATED AND FULLY LEASED! This historic downtown Urbana, Illinois “Stephen’s Building” has been fully modernized and redesigned to today’s living standards! The first floor offers 2 separate commercial spaces. The larger Westside suite is 2375 Sq. Ft. with an unfinished basement for additional storage space. This suite is currently rented for $2400/mo. The East commercial space is 1500 Sq. Ft. and rented for $1326/mo (discounted has been $2100/mo.) Upstairs you will find 4 fully renovated 2 bed/2bath apartments. Each apartment features stainless appliances, hardwood and tile flooring, stacked laundry in each unit. The remodel was able to leave beautiful historic brick walls exposed and other original features. The building features industrial-style exposed HVAC. The residential access to the building is secure. The 4 apartments currently generate over $5869/mo of rental income. The building does not come with parking, however there is a City permit lot directly adjacent.

Commercial Sale For Sale

218 W Main Street, Urbana, Illinois 61801

$995,000
Listing ID#12491245
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12491245
Price : $995,000
Year Built : 1900
Listing Status : Active
Property Sub Type : Mixed Use
Roof
Roof : Membrane
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