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0 Beds

$529,000

2012 VAWTER Avenue, Urbana IL, 61801

Built in2001
Property typeMulti-family
Listed by Judy Fejes with Coldwell Banker R.E. Group 217-621-8003

Overview

Active

Listed Apr 1, 2026

Updated 2 days ago

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 $7,854/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!

$3,519/mo

Est. mortgage payment based on a $529,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$11,074
Tax Frequency
Annually
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Listed by Judy Fejes with Coldwell Banker R.E. Group 217-621-8003

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Data is refreshed every 3 hours. Listing last updated 6:53 AM UTC on 10/8/2026. 

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