704 W Stoughton St

For Sale

704 W Stoughton St, Urbana, IL 61801

This Urbana property for sale is located at 704 W Stoughton St. The current listed sale price for 704 W Stoughton St is $950,000.

Contacts

Jordan Dunahee

Ramshaw Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 2,500 SF
  • Units 8
  • Date Updated May 8, 2026
Nestled in the thriving neighborhood of Urbana, this area offers an array of attractions and convenience for prospective Multifamily/Low-Rise/Garden investors. Located near the University of Illinois, the property provides access to academic resources, cultural amenities, and employment opportunities. Residents can explore the eclectic dining and entertainment options available in downtown Urbana, just a stone's throw away. Additionally, tranquil parks and recreational facilities offer opportunities for relaxation and leisure. With its blend of urban vitality and academic influence, this location presents an ideal prospect for Multifamily/Low-Rise/Garden investors seeking to capitalize on the dynamic appeal of the area.Presenting an exceptional Multifamily investment opportunity. This property features eight units, including four 1-bedrooms and four studios offering a versatile and promising investment option. With a strategic location in Urbana and great rental history, this multi-unit building provides abundant potential for steady rental income. The property's well-designed layout and ample units cater to the demands of tenants seeking both comfort and convenience. Only one vacant unit out of the 8 while the rest are leased through August 2026.
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Highlights

  • 8 Unit Multifamily Investment
  • All 1 Bedroom and Studio Units
  • Located Near Campus to Cater to Student and Non-Student Residents
  • Strong Rental History

Attachments

Getting around

  • 85/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 80/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Champaign-Urbana

    1.31 miles

  • Circle K

    0.22 miles

  • ChargePoint

    0.45 miles

  • Marathon

    0.71 miles

  • BP

    1.86 miles

  • Tesla Supercharger

    3.22 miles

  • Tepper Lot

    0.37 miles

  • Marro Lot

    0.38 miles

  • B22

    0.39 miles

  • D1

    0.40 miles

  • B2

    0.42 miles

  • B6

    0.44 miles

  • D14

    0.45 miles

  • B1

    0.45 miles

  • D22

    0.46 miles

  • North Campus Parking Garage

    0.47 miles

  • America's Best Inn

    0.29 miles

  • Sylvia's Irish Inn - Bed & Breakfast Accommodation | B&B Room | Motel in Urbana, IL

    0.31 miles

  • Urbana Landmark Hotel

    0.49 miles

  • Hampton

    0.50 miles

  • TownePlace Suites

    0.79 miles

  • Manor Motel

    1.08 miles

  • Howard Johnson by Wyndham

    1.21 miles

  • Comfort Suites

    1.23 miles

  • Best Western University Inn

    1.36 miles

  • Holiday Inn Express & Suites

    1.38 miles

  • World Harvest

    0.28 miles

  • Lincoln Square

    0.53 miles

  • Common Ground

    0.58 miles

  • Schnucks

    0.72 miles

  • Target

    0.76 miles

  • World Harvest Foods

    0.77 miles

  • Far East Grocery

    0.85 miles

  • County Market

    0.92 miles

  • AM-KO Oriental Foods and Gifts

    1.16 miles

  • El Progresso

    1.20 miles

Contact Listing Broker
Jordan Dunahee

Ramshaw Real Estate

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