IL
Champaign
Urbana
61801
2012 VAWTER Avenue
2012 VAWTER Avenue, Urbana, IL 61801
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Listing Type
Commercial/Industrial
Listing Status
Active
24
$575,000

Home Details for 2012 VAWTER Avenue

Price
$575,000
Type
Commercial Sale
Year built
2001
County
Champaign
MLS Listing#
12605088
Property Description

Turnkey, updated, and fully rented 7-unit investment opportunity!! Five of the units are spacious townhouse-style 2-bedroom layouts featuring 1.5 bathrooms and generous living space. All units offer great natural light and functional flow. These bi-level townhome-style units rent easily, have smooth turnover, and include central air and designated parking. The property features 5 covered parking spaces plus 2 additional off-street spots. There is also a basement common area with designated spaces for laundry units along with tenant storage. Potential for increased rental income with HACC vouchers offering 2-bedroom units up to $1,122 and 1-bedroom units up to $934, creating a total potential cash flow of $7,478/month. Tenants pay their own gas, electric, and water, helping maximize returns. This conscientious owner has invested approximately $100,000 in improvements, including a new roof, multiple HVAC systems, and extensive unit renovations. A full list of upgrades is available in additional documents. Fully rented and meticulously maintained, this is a rare opportunity to step into immediate cash flow from day one!

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Coldwell Banker R.E. Group - 217-351-1988
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-03 13:12:15. 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: 2026-04-03 13:12:15
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EXIT REAL ESTATE PARTNERS
4901 Main Street, Downers Grove, IL 60515
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630 967 0400
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