501 W California Ave, Urbana, IL 61801 Urbana, IL 61801
Single Family Attached
MLS #: 5JX2V7
Courtesy Of Coldwell Banker Commercial Devonshire Realty
Property InformationDescription
Located in one of Urbana's most desirable rental corridors, the property benefits from onsite parking, walkability, close proximity to the University of Illinois campus, downtown Urbana, and convenient access to public transportation, making the property appealing to a broad tenant base. For investors seeking to create value through redevelopment rather than ground-up construction, opportunities of this caliber are exceptionally uncommon in the Champaign-Urbana market. With much of the entitlement, infrastructure, and early-stage construction already complete, 501 W. California Avenue offers a compelling opportunity to accelerate project delivery, reduce development risk, and capitalize on one of Central Illinois' strongest multifamily markets.
Features
- Architecture Style: Other
- MLSID: 5JX2V7
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