Skip to content

705 E Colorado AvenueUrbana, IL 61801

Champaign County

$2,500,000List price
31,602Sq Ft
1977Year built
0.87Acre lot
6 weeks agoOn market

Description

Don't miss your chance to own this well-situated apartment complex! It is perfectly placed in a quiet Urbana neighborhood, but still close to everything Champaign-Urbana has to offer! This building features 1, 2 and 3 bedroom apartments and townhouses. Secured entry and free off-street parking. It is a half block to the Red line and 2 blocks to the Green St, both take you to the central terminal downtown and to the University of Illinois campus. Grocery and convenience shopping nearby and there is fiberoptic internet access to every apartment. This is a great investment opportunity!

Property Information

Property type
Commercial Sale
Sub-type
Multi Family
Year built
1977
Building area
31,602 Sq Ft
Lot size
0.87 acres
Lot dimensions
145.5 X 260.15
Zoning
MULTI
Days on market
43
MLS® Listing#
12751949

Property Features

Cooling
Central Air

Financial Details

Annual taxes
$71,846Tax year 2025
Parcel number
932121152042

Directions

Florida, South on S Anderson, East on Colorado

Midwest Real Estate Data logo

Listing Courtesy: Green Street Realty

Based on information submitted to the MLS GRID as of 2026-09-24T00:00:00.000Z. 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: 2026-09-24T00:00:00.000Z