Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Market Connections
Property view
Listing view 2
Listing view 3

803 W Nevada Street, 
Urbana, IL 61801

$299,900


5

Beds


3

Baths


2,463

Sq Ft


Single Family

Active

Listed by

Nate Evans

Molly Jones

eXp Realty,LLC-Mahomet

Last updated:

April 30, 2025, 10:51 AM

MLS#

12350093

Source:

MLSNI

About This Home

803 W Nevada Street

Unbeatable Investment Opportunity near the University of Illinois! This prime Urbana home for sale is located just half a block off Lincoln Avenue in the heart of campus, offering unparalleled access to top university destinations. Within walking distance to Cafe Paradiso, the Departments of Social Work and Dance, and the Early Childhood Lab, it's also just two blocks from Krannert Center and three blocks from the Quad. Whether you're seeking Champaign County real estate for long-term wealth building or immediate cash flow, this investment opportunity is perfectly positioned. The current lease runs through July, providing steady rental income in a consistently high-demand location. For the motivated seller, this property has produced year-over-year rent increases and promises both short- and long-term upside as rental rates climb and interest rates ease. Although this building could benefit from minor interior updates, it already features key highlights many investors look for-like potential for updated kitchens, space for energy-efficient appliances, and a layout that supports maximum occupancy. This is a rare chance to own a move-in ready property in one of Urbana's most coveted areas. Priced to sell and ideal for first-time investors, experienced buyers, or parents of future Illini students. Act quickly-properties in this location don't last long. Contact us today for full financials and a private showing!

Home Facts

Single Family

3 Baths

5 Bedrooms

Built in 1916

Price Summary

299,900

$121 per Sq. Ft.

MLS #:

12350093

Last Updated:

April 30, 2025, 10:51 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,463 Sq. Ft.


Structure

Structure

Building Area:

2,463 Sq. Ft.

Year Built:

1916


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$299,900

Price per Sq. Ft:

$121 per Sq. Ft.

MLS Logo
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.