Recently Viewed Properties
See This Home
Save This Listing
Close

$457,500

  • Sold
  • Closed
  • Commercial
See This Home
Save This Home
See This Home
Save This Home
Apartment building with exquisite Character just 1 block from Lincoln Ave and 6 blocks North of Florida. Fantastic location and space. Vintage classic appeal from the Hardwood Doors, Floors, Trim and so much more. 4 expansive 2 bedroom units, 1 very bright -2 bedroom garden unit and a 1 studio unit. Washer, Dryer in basement for students to use. Great off street parking area for each unit that includes Bike Rack for students. Secondary exterior back staircase with connecting attic storage for owner or possible future development. These apartments are in great shape with good tenant history, always full each year.

Full Property Details for 1008 S Busey Ave

General

  • Sold For: $457,500
  • Taxes: $11,406 (2022)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12148787
  • Added to Site: 497 day(s) ago

Location

  • Area: Urbana
  • County: Champaign
  • Driving Directions: Located close to the corner of West Ohio and South Busey.

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Gas

Structural Information

  • Construction: Wood, Fir
  • Exterior Const.: Wood, Fir
  • Basement Desc.: Partially Finished
  • Foundation: Block
  • Roof: Composition
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1900
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 6
  • Units w/Range/Oven: 6
  • # Dryers: 1

Lot Features

  • Lot Dimensions: 54 x 110

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $11,406
  • Tax Year: 2022
  • Tenant Pays: Varies by Tenant

Disclosures and Reports

  • Property ID: 932117306004

Listed and Sold by The Real Estate Group,Inc

Listing agent

— 1008 S Busey Ave —

  • The Real Estate Group,Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1008 S Busey Ave

School District:Urbana School District 116
NameGradesDistance
Leal Elementary School
312 West Oregon Street, Urbana, IL 61801
K-50.4 mi
Urbana Middle School
1201 South Vine Street, Urbana, IL 61801
6-80.6 mi
Urbana High School
1002 South Race Street, Urbana, IL 61801
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1008 S Busey Ave

Date
Details
Price
Change
Source
7/31/2025
Sold
$457,500
-4.49%
MLS
1/08/2025
Price Reduced
$479,000
-3.23%
MLS
9/11/2024
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by The Real Estate Group,Inc

1008 S Busey Avenue, Urbana, IL 61801 (MLS# 12148787) is a Commercial property that was sold at $457,500 on July 31, 2025. Want to learn more about 1008 S Busey Avenue? Do you have questions about finding other Commercial real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.