803 W Nevada St

Urbana, IL 61801

$299,900
Price
5
Beds
2,463 Sq. Ft.
$122 / Sq. Ft.
2,463
Sq. Ft.
$122
per Sq. Ft.

Description

Unbeatable Investment Opportunity near the University of Illinois! This prime Urbana home for sale is located just half a block off Lincoln Avenue in the heart of campus, offering unparalleled access to top university destinations. Within walking distance to Cafe Paradiso, the Departments of Social Work and Dance, and the Early Childhood Lab, it's also just two blocks from Krannert Center and three blocks from the Quad. Whether you're seeking Champaign County real estate for long-term wealth building...Unbeatable Investment Opportunity near the University of Illinois! This prime Urbana home for sale is located just half a block off Lincoln Avenue in the heart of campus, offering unparalleled access to top university destinations. Within walking distance to Cafe Paradiso, the Departments of Social Work and Dance, and the Early Childhood Lab, it's also just two blocks from Krannert Center and three blocks from the Quad. Whether you're seeking Champaign County real estate for long-term wealth building or immediate cash flow, this investment opportunity is perfectly positioned. The current lease runs through July, providing steady rental income in a consistently high-demand location. For the motivated seller, this property has produced year-over-year rent increases and promises both short- and long-term upside as rental rates climb and interest rates ease. Although this building could benefit from minor interior updates, it already features key highlights many investors look for-like potential for updated kitchens, space for energy-efficient appliances, and a layout that supports maximum occupancy. This is a rare chance to own a move-in ready property in one of Urbana's most coveted areas. Priced to sell and ideal for first-time investors, experienced buyers, or parents of future Illini students. Act quickly-properties in this location don't last long. Contact us today for full financials and a private showing!
  1. Listed by Nate Evans • eXp Realty,LLC-Mahomet
  2. Listed by Molly Jones • eXp Realty,LLC-Mahomet

Property Details for 803 West Nevada Street

Area
Urbana
Township
Cunningham
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Num of Interior Fireplaces
1
Heat/Fuel
Hot Water/Steam
LISTING UPDATED: 05/04/2025 12:07 AM

Property Details for 803 West Nevada Street

StatusActive
MLS #12350093
Days on Market18
Taxes$14,144 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built1916
Lot Size0.20 AC / 8,712 SF
CountyChampaign County

Building Information for 803 West Nevada Street

Stories-Year Built1916Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 803 West Nevada Street

General Information
School Information
  • Elementary School District: 116
  • Elementary School: Leal Elementary School
  • Jr High Middle School: Leal Elementary School
  • High School District: 116
  • High School: Urbana High School
  • Middle Or Junior School District: 116
Addtl Parking Information
  • Parking Details: On Site, Garage Owned, Detached, Garage
Location and General Information
  • Front Exposure: North
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
Property Information
Interior Features
  • Num Of Rooms: 8
  • Bedrooms (Below Grade): 0
  • Basement Type: Partially Finished, Partial
  • Bedrooms Possible: 5
  • Air Conditioning: Wall Unit(s)
  • Basement Sq Ft: 617
  • Grid: 56
  • Basement Bathrooms: No
  • Fireplace Location: Living Room
  • Room Type: Bedroom 5
  • Num of Baths: 2.1
Exterior Features
  • Patio And Porch Features: Porch
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 2463
  • Aprox Total Finished Sq Ft: 2694
  • Total Finished and Unfin Sq Ft: 3080
  • Lower Sq Ft: 0
  • Main Sq Ft: 1353
  • Upper Sq Ft: 1110
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 61 X 140
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick
  • Roof Type: Asphalt
  • Foundation Details: Brick/Mortar
  • General Information: None
  • Below Grade Finished Area: 231.0
  • Living Area Source: Estimated
  • Unfinished Basement Sq Ft: 386
  • Unfinished Lower Sq Ft: 0
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-04-29T15:12:51
  • Photos Count: 39
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 12X12
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 10X12
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X12
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 12X12
Bedroom #5 Information
  • 5th Bedroom Level: Second
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 12X12
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 12X14
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 10X15
Laundry Information
  • Laundry Level: Basement
  • Room Type: Laundry
  • Laundry Dimensions: 6X6
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 14X15

Property History for 803 West Nevada Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 803 West Nevada Street

Taxable ValueLand$35,290Additions$110,440Total$145,730
Tax Record2024$15,031 ($1,253 / month)
Home Facts
Total Finished SqFt1,430 SqFtAbove Grade Finished SqFt1,430 SqFtStories2Lot Size6,283 SqFtStyleMulti-Family Res (5+ Units)Year Built1916CountyCHAMPAIGNAPN922117154005Fireplace TypeHas Fireplace

Schools near 803 West Nevada Street

This home is within Urbana School District 116.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Leal Elementary School
PublicK to 5

Urbana Middle School
Public6 to 8

Urbana High School
Public9 to 12

Urbana Gerber School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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803 West Nevada Street is a single family home for sale in Urbana, IL 61801. This property was listed for sale on April 28, 2025 by eXp Realty,LLC-Mahomet, it's currently listed at $299,900. It has been on the market for a total of 18 days and was last sold on January 28, 2022. This listing's school district is Urbana School District 116. Nearby schools include Leal Elementary School, Urbana Middle School and Urbana High School. 803 West Nevada Street is a 5-bed, 2.5-bath, 2,463 sqft single family home built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty,LLC-Mahomet

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/04/2025 12:07 AM. 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.