For Sale

302 S Cedar St

302 S Cedar St, Urbana, IL 61801

Immerse yourself in the vibrant community surrounding the property in Urbana, IL. Nestled in a dynamic neighborhood, the area offers an array of conveniences and attractions just moments from downtown. Residents will enjoy easy access to charming local cafes, dining hotspots, and inviting outdoor spaces. Nearby cultural and entertainment venues, including the Krannert Center for the Performing Arts and the Spurlock Museum, provide enriching experiences for residents. With the prestigious university in close proximity, this well-connected and lively community is an ideal setting for a Multifamily / Low-Rise/Garden investment.13 unit multifamily investment opportunity. This building is leased out by bedroom and consists of nine 2-bedroom units and four 1-bedroom units. The building has 21 of the 22 bedrooms leased through August, 2026. Strong rental history and a great location in Urbana make this a great add to any portfolio.

Key features

  • 13 Unit Multifamily Investment in Great Location
  • Currently Leased By the Bedroom
  • Strong Rental History
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Jordan Dunahee

Ramshaw Real Estate

Building Details

  • For Sale $1,800,000
  • Property Type Multi-Family
  • Property Size 4,000 SF
  • Units 13
  • Lot Size 0.15 Acre
  • Date Updated May 3, 2026

Attachments

Getting Around

  • Walk Score ®

    Walker's Paradise (91)

  • Transit Score ®

    Good Transit (61)

  • Bike Score ®

    Very Bikeable (76)
Powered by Walk Score ®

Location

  • City Urbana, IL
  • Neighborhood Urbana
  • Zip Code 61801

Points of Interest

Circle K

0.47 miles

ChargePoint

0.84 miles

BP

1.47 miles

Tesla Supercharger

3.61 miles

Tepper Lot

0.06 miles

Urbana Public Parking

0.16 miles

D22

0.56 miles

D1

0.65 miles

D5

0.67 miles

D14

0.70 miles

Parking area

0.71 miles

Carle Employee Parking Lot No. 14

0.75 miles

F13

0.76 miles

Above and Beyond Detailing

0.60 miles

Zipcar

1.71 miles

Smitty's Car Wash

2.13 miles

Rainstorm

2.47 miles

Enterprise

2.79 miles

Rainstorm Express

2.84 miles

Baldoratta's

0.14 miles

Siam Terrace

0.15 miles

Stango

0.16 miles

Encanto Restaurant and Bar

0.16 miles

Sakura

0.17 miles

Courier Cafe

0.18 miles

Masijta Grill

0.22 miles

Black Dog Smoke & Ale House

0.25 miles

Baldarotta’s Porketta & Sicilian Sausage

0.29 miles

World Harvest

0.16 miles

Common Ground

0.20 miles

Schnucks

0.45 miles

Target

1.06 miles

World Harvest Foods

1.15 miles

El Progresso

1.15 miles

Far East Grocery

1.23 miles

Dollar Store

1.26 miles

County Market

1.27 miles

Urbana Main Fire Station

0.29 miles

CVS Pharmacy

0.46 miles

Carle Foundation Hospital

0.54 miles

Walgreens

0.55 miles

Division of Public Safety

0.72 miles

McKinley Health Center

0.74 miles

Urbana Fire Station 4 - U of I Campus Station

0.81 miles

CampusTown Urgent Care

1.00 miles

OSF Heart of Mary Medical Center

1.01 miles

302 S Cedar St Listing Summary

  • What is the asking price at 302 S Cedar St?

    302 S Cedar St is currently listed for sale at Contact for pricing.

  • What is the total size of 302 S Cedar St?

    302 S Cedar St has a total of 4,000 square feet.

Contact Listing Broker
Jordan Dunahee

Ramshaw Real Estate

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