IL
Champaign
Urbana
61801
218 W Main Street
218 W Main Street, Urbana, IL 61801
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Listing Type
Commercial/Industrial
Listing Status
active
99
$1,150,000

Home Details for 218 W Main Street

Price
$1,150,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1900
County
Champaign
Garage
Days on site
25
MLS Listing#
12491245
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.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Champaign County Realty - 217-352-1234
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-10-14 23:30:47. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-10-14 23:30:47
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1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
Office
630 480 4555
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