Active

2012 VAWTER Avenue

Urbana, IL 61801
$575,000
0beds
0baths
sqft
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About this home

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!
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built2001
Lot size
Annual tax$11,074
CountyChampaign
MLS #MRD12605088
Days on market9

Features

Cooling
Central Air
Construction
WoodBrickVinyl Siding
Sewer
Storm Sewer
Listed by
Coldwell Banker R.E. Group
Judy Fejes · 217-621-8003

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/9/2026, 5:06:07 AM. All data should be independently verified.

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