Back 511 West Oregon Street
Off Market

511 West Oregon Street

Urbana IL 61801

2
3
6
0.25 ac.
Multi-Family
Last sold for $212,000
Joe ZalabakJoe Zalabak, last sold this property on 22 December 2025 after 28 days on market.

Overview

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!

Features

2 bedrooms
3 bathrooms
6 carspaces
0.25 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 2 bedroom multi families sold in Urbana over the last 12 months.

Property history for 511 West Oregon Street

2025
Sold
$212,000
22 Dec 2025 by Joe Zalabak, of KELLER WILLIAMS-TREC

Happy sellers in Urbana

87%
87% of sellers in Urbana reported that their sale price either exceeded or met their price expectations.

Urbana stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Urbana over the last 12 months.

Local market activity for 2 bedroom multi families in Urbana

In the last 12 months, 1 two-bedroom multi family similar to 511 West Oregon Street, have been sold.

This represents a 100% decrease in two-bedroom multi families sales when compared to the previous 12 months.

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