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$212,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Total Beds
See This Home
Save This Home
See This Home
Save This Home
511 W Oregon is a standout all-brick 3-unit investment property, just 3 blocks from the University of Illinois campus, offering location, curb appeal, and dependable performance. The main level offers a roomy 3-bedroom, 1-bath unit, while the upstairs features two bright 1-bedroom, 1-bath units, all in a layout that renters love and consistently lease quickly! Tenants pay all utilities, including building heat, which is provided by a new high-efficiency hot water boiler installed in 2025. A large off-street parking area behind the building makes parking easy. With strong demand, solid updates, and extremely close to campus, this is a portfolio piece you will be proud to own!

Full Property Details for 511 W Oregon St

General

  • Sold For: $212,000
  • Taxes: $11,428 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12515372
  • Added to Site: 89 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Equipment: Carbon Monoxide Detectors

Parking

  • Total Spaces: 6
  • Parking Features: Off-Street, Yes, Owned

Location

  • Area: Urbana
  • County: Champaign
  • Driving Directions: Lincoln Ave to W Oregon, E on W Oregon

School Information

  • School District: 116
  • Midd School District: 116
  • Elementary School: Leal Elementary School
  • Middle School: Urbana High School
  • High School: Urbana High School
  • Private School: Urbana High School

Heating & Cooling

  • Heating Type: Natural Gas, Steam

Utilities

  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: Unfinished, Full
  • Foundation: Brick/Mortar
  • Roof: Asphalt
  • Year Built: 1918
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 74 x 146
  • Zoning: LNC

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1918
  • Tax Amount: $11,428.02
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 922117161008

Listed and Sold by Keller Williams-Trec

Listing agent

— 511 W Oregon St —

  • Keller Williams-Trec

(217) 721-5855

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 511 W Oregon St

School District:Urbana School District 116
NameGradesDistance
Leal Elementary School
312 West Oregon Street, Urbana, IL 61801
K-50.2 mi
Urbana Middle School
1201 South Vine Street, Urbana, IL 61801
6-80.5 mi
Urbana High School
1002 South Race Street, Urbana, IL 61801
9-120.4 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 511 W Oregon St

Date
Details
Price
Change
Source
12/22/2025
Sold
$212,000
0.95%
MLS
11/23/2025
Listed
$210,000
—
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 Keller Williams-Trec

511 W Oregon Street, Urbana, IL 61801 (MLS# 12515372) is a Multi-Family property that was sold at $212,000 on December 22, 2025. Want to learn more about 511 W Oregon Street? Do you have questions about finding other Multi-Family real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.