Real Estate Agent Linda Dunn

Linda Dunn REALTOR®

(815) 397-4040
Contact

Sign up to have new listings emailed daily    Sign Up   Log In

Property Search My Home Finder Contact Me
Refine Search

218 W Main Street, Urbana, IL 61801

$1,095,000
SAVE TOUR PROPERTY
  • 218 W Main Street, Urbana, IL 61801 Main Photo

99 Total Photos [Click to View All]

Active
SQUARE FEET7,750 MLS#12491245
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY
Call / TEXT TO ME / Print / Share / Email

Property Description

FULLY RENOVATED AND FULLY LEASED! This historic downtown Urbana, Illinois Stephen's Building has been fully modernized and redesigned to today's living standards! The first floor offers 2 separate commercial spaces. The larger Westside suite is 2375 Sq. Ft. with an unfinished basement for additional storage space. This suite is currently rented for $2400/mo. The East commercial space is 1500 Sq. Ft. and rented for $1326/mo (discounted has been $2100/mo.) Upstairs you will find 4 fully renovated 2 bed/2bath apartments. Each apartment features stainless appliances, hardwood and tile flooring, stacked laundry in each unit. The remodel was able to leave beautiful historic brick walls exposed and other original features. The building features industrial-style exposed HVAC. The residential access to the building is secure. The 4 apartments currently generate over $5869/mo of rental income. The building does not come with parking, however there is a City permit lot directly adjacent.

218 W Main Street | MLS# 12491245

This commercial property located at 218 W Main Street, Urbana, IL 61801 is currently listed for sale with an asking price of $1,095,000. Search Urbana real estate on lindadunn.bhhscrosby.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.12 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $15,604
Year Built: 1900

Feature Descriptions

Current Use: Commercial
Electric: Separate Meters
Exterior: Brick
Fire Protection: Alarm Monitored, Fire Extinguisher/s, Partially Sprinklered, Carbon Monoxide Detector(s)
Flooring: Varies
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: Central Business District
Lot Dimensions: 48x110X44x116
Miscellaneous Indoor: Inside Corridor/s, Multi-Tenant, Skylight/s
Number of Tenant(s): 5
Parcel#: 922117201001
Potential Use: Commercial
Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
Units: 6

Listed By / Shown By

Listed By

Agency Name: Champaign County Realty
Agency Phone: 217-352-1234

Shown By

Agent Name: Linda Dunn
Agent Phone: (815) 397-4040
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 4:28:31 AM EST) or MRED MLS (last updated Thu 04/09/2026 2:04:12 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 04/08/2026 10:16:05 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 04/08/2026 2:10:06 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Crosby Starck Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --