Real Estate Investment Properties for Sale in Urbana, IL

Looking for investment property in Urbana, IL with high ROI ?

Explore a variety of short-term homes & houses in Urbana, IL. Invest wisely with VRBO & Urbana, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Urbana, IL

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2902 S Myra Ridge Drive URBANA, IL Located in the Myra Ridge subdivision and close to amenities such as shopping, restaurants...	4 beds \| 3 baths \| 2,170 sq.ft.	$329,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 5.62% Airbnb Rental Income: $1407 Traditional Rental Income: $2747 Airbnb ROI: -0.08% Traditional ROI: 5.62%
706 S Coler Avenue unit: 5 #5 URBANA, IL Exciting news ! This popular vintage 6 unit building is in process to Condo conversion fro...	2 beds \| 1 baths \| 1,411 sq.ft.	$162,900	Airbnb cash on cash: -3.52% Traditional cash on cash: 3.03% Airbnb Rental Income: $993 Traditional Rental Income: $1657 Airbnb ROI: -3.52% Traditional ROI: 3.03%
414 S Dodson Drive URBANA, IL An incredible opportunity to own a beautifully renovated home with nearly $30,000 in recen...	5 beds \| 2 baths \| 1,850 sq.ft.	$244,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 8.59% Airbnb Rental Income: $1599 Traditional Rental Income: $2585 Airbnb ROI: 2.36% Traditional ROI: 8.59%
1304 Christopher Circle unit: 1 #1 URBANA, IL WELCOME HOME!!! THIS MOVE-IN READY (1st Floor) 2 BEDROOM CONDO, IDEALLY SITUATED ON THE MA...	2 beds \| 1 baths \| 970 sq.ft.	$103,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 10.32% Airbnb Rental Income: $993 Traditional Rental Income: $1624 Airbnb ROI: 0.55% Traditional ROI: 10.32%
704 W Illinois Street URBANA, IL Perfect Location near the U of I campus! Great investment property - current tenants in pl...	4 beds \| 2 baths \| 1,901 sq.ft.	$390,250	Airbnb cash on cash: -0.46% Traditional cash on cash: 1.6% Airbnb Rental Income: $1407 Traditional Rental Income: $1740 Airbnb ROI: -0.46% Traditional ROI: 1.6%
805 W Indiana Avenue URBANA, IL This spacious 4-bedroom, 2-story brick home offers over 3,500 square feet of beautifully f...	4 beds \| 3 baths \| 3,597 sq.ft.	$599,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 2.02% Airbnb Rental Income: $1407 Traditional Rental Income: $3148 Airbnb ROI: -1.85% Traditional ROI: 2.02%
812 W Delaware Avenue URBANA, IL Urbana buyers! Step into a piece of Urbana's finest history at 812 West Delaware Avenue a ...	4 beds \| 3 baths \| 2,476 sq.ft.	$489,900	Airbnb cash on cash: -1.91% Traditional cash on cash: 2.44% Airbnb Rental Income: $1407 Traditional Rental Income: $2975 Airbnb ROI: -1.91% Traditional ROI: 2.44%
1512 Ogelthorpe Avenue URBANA, IL This beautifully maintained 4-bedroom, 2-bath home in Urbana offers the perfect blend of c...	3 beds \| 2 baths \| 1,078 sq.ft.	$230,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 5.09% Airbnb Rental Income: $1580 Traditional Rental Income: $1810 Airbnb ROI: 1.95% Traditional ROI: 5.09%
1209 E MICHIGAN AVE URBANA, IL Invest with success and buy through Auction.com. This bank-owned investment property is a ...	4 beds \| 1 baths \| 1,158 sq.ft.	$141,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 9.92% Airbnb Rental Income: $1407 Traditional Rental Income: $1843 Airbnb ROI: 3.56% Traditional ROI: 9.92%
1807 E Fairfield Circle URBANA, IL Coming soon in Urbana! Solar Panels are now fully paid off!! Built in 2023, this nearly ne...	3 beds \| 2 baths \| 1,763 sq.ft.	$358,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.58% Airbnb Rental Income: $1580 Traditional Rental Income: $2014 Airbnb ROI: -1.05% Traditional ROI: 1.58%
3501 Melissa Lane URBANA, IL Welcome to 3501 Melissa Lane, a beautifully maintained and thoughtfully designed home loca...	3 beds \| 3 baths \| 1,725 sq.ft.	$379,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.38% Airbnb Rental Income: $1580 Traditional Rental Income: $2769 Airbnb ROI: 0.77% Traditional ROI: 5.38%
206 W Florida Avenue URBANA, IL Charming Brick Home near University of Illinois! Fall in love with this classic two-story ...	4 beds \| 2 baths \| 2,176 sq.ft.	$315,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 4.1% Airbnb Rental Income: $1407 Traditional Rental Income: $2626 Airbnb ROI: -1.45% Traditional ROI: 4.1%
310 S Cottage Grove Avenue URBANA, IL Positioned in the Historical Urbana District sits this Charming 2-bedroom bungalow. Offers...	2 beds \| 1 baths \| 983 sq.ft.	$119,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 9.12% Airbnb Rental Income: $993 Traditional Rental Income: $1491 Airbnb ROI: 1.75% Traditional ROI: 9.12%
407 G H Baker Drive URBANA, IL Mid Century sprawling home offers so many spaces to entertain and enjoy. Breakfast area ad...	4 beds \| 3 baths \| 2,680 sq.ft.	$392,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 6.96% Airbnb Rental Income: $1407 Traditional Rental Income: $3289 Airbnb ROI: 0.7% Traditional ROI: 6.96%
128 S Scottswood Drive URBANA, IL Welcome to this beautifully renovated 3-bedroom, 1-bath home offering modern updates and c...	3 beds \| 1 baths \| 925 sq.ft.	$149,900	Airbnb cash on cash: 4.95% Traditional cash on cash: 8.35% Airbnb Rental Income: $1580 Traditional Rental Income: $1615 Airbnb ROI: 4.95% Traditional ROI: 8.35%
104 Dodson Drive S URBANA, IL Located just off of East Main Street in Urbana, you will find this 3 bed, 1 bath home with...	3 beds \| 1 baths \| 991 sq.ft.	$159,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 7.4% Airbnb Rental Income: $1580 Traditional Rental Income: $1563 Airbnb ROI: 4.53% Traditional ROI: 7.4%
1106 Mitchem Drive URBANA, IL Brand new construction home in Ennis Ridge neighborhood of Urbana and in the legendary Lea...	2 beds \| 1 baths \| 960 sq.ft.	$199,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 6.62% Airbnb Rental Income: $993 Traditional Rental Income: $1751 Airbnb ROI: 0.76% Traditional ROI: 6.62%
1905 S Stone Creek Boulevard URBANA, IL It will be easy to fall in love with this stunning new construction home, which is current...	4 beds \| 2 baths \| 1,890 sq.ft.	$409,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 3.07% Airbnb Rental Income: $1407 Traditional Rental Income: $2532 Airbnb ROI: -0.96% Traditional ROI: 3.07%
1909 S Stone Creek Boulevard URBANA, IL This new construction home has a thoughtfully laid out floor plan that you are sure to lov...	3 beds \| 2 baths \| 1,830 sq.ft.	$399,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.83% Airbnb Rental Income: $1580 Traditional Rental Income: $2384 Airbnb ROI: -0.52% Traditional ROI: 2.83%
2417 E Green Street URBANA, IL Welcome to a well-maintained home designed for easy living and smart updates. The bright l...	2 beds \| 1 baths \| 910 sq.ft.	$122,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 10.24% Airbnb Rental Income: $993 Traditional Rental Income: $1579 Airbnb ROI: 2.3% Traditional ROI: 10.24%
2515 St Andrews Road URBANA, IL Looking for the BEST DEAL in the Stone Creek golf course community? Check out this well ke...	4 beds \| 4 baths \| 2,369 sq.ft.	$389,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 4.32% Airbnb Rental Income: $1407 Traditional Rental Income: $3092 Airbnb ROI: -1.44% Traditional ROI: 4.32%
2902 Haydon Drive URBANA, IL Discover all that's to love in this stunning new-construction ranch by Nyadaro Homes, loca...	3 beds \| 2 baths \| 2,012 sq.ft.	$399,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 3.1% Airbnb Rental Income: $1580 Traditional Rental Income: $2491 Airbnb ROI: -0.53% Traditional ROI: 3.1%
1913 S Stone Creek Boulevard URBANA, IL Welcome to this stunning new construction in the highly desirable Stone Creek Subdivision,...	3 beds \| 3 baths \| 1,755 sq.ft.	$404,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 3.05% Airbnb Rental Income: $1580 Traditional Rental Income: $2498 Airbnb ROI: -0.56% Traditional ROI: 3.05%
2709 Castlerock Drive URBANA, IL Experience the perfect blend of luxury and lifestyle in this brand-new home in the Stone C...	4 beds \| 5 baths \| 3,152 sq.ft.	$1,088,000	Airbnb cash on cash: -2.39% Traditional cash on cash: 1.1% Airbnb Rental Income: $1407 Traditional Rental Income: $4518 Airbnb ROI: -2.39% Traditional ROI: 1.1%
1917 S Stone Creek Boulevard URBANA, IL This beautifully custom-designed new construction home is being built by trusted builder W...	3 beds \| 2 baths \| 1,889 sq.ft.	$409,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.1% Airbnb Rental Income: $1580 Traditional Rental Income: $2543 Airbnb ROI: -0.59% Traditional ROI: 3.1%
1003 E McHenry Street URBANA, IL Brick and Vinyl duplex in SE Urbana, very near park, shopping and amenities.. West unit re...	4 beds \| 4 baths \| N/A	$271,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.08% Airbnb Rental Income: $1407 Traditional Rental Income: $2027 Airbnb ROI: 0.01% Traditional ROI: 4.08%
1001 S Douglas Avenue URBANA, IL Charming brick home overlooking Carle Park with timeless character and updates throughout....	3 beds \| 2 baths \| 2,480 sq.ft.	$425,000	Airbnb cash on cash: -1.89% Traditional cash on cash: 1.5% Airbnb Rental Income: $1580 Traditional Rental Income: $2478 Airbnb ROI: -1.89% Traditional ROI: 1.5%
402 Beeson Drive URBANA, IL County Unincorporated. Complete Rebuild - Remodel New Windows, Drywall, Flooring, Baths, K...	4 beds \| 2 baths \| 1,690 sq.ft.	$274,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 7.72% Airbnb Rental Income: $1407 Traditional Rental Income: $2407 Airbnb ROI: 2.23% Traditional ROI: 7.72%
1305 Brian Place unit: 3 #3 URBANA, IL Price improvement on this welcoming 2BR condo with a garage and pool! Lawncare and snow re...	2 beds \| 1 baths \| 900 sq.ft.	$88,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 11.74% Airbnb Rental Income: $993 Traditional Rental Income: $1534 Airbnb ROI: 1.34% Traditional ROI: 11.74%
1806 Trails Drive URBANA, IL **At no fault of the sellers, this gem is BACK ON THE MARKET! Welcome to this inviting 4 b...	4 beds \| 3 baths \| 2,354 sq.ft.	$339,900	Airbnb cash on cash: -0.61% Traditional cash on cash: 5.39% Airbnb Rental Income: $1407 Traditional Rental Income: $2899 Airbnb ROI: -0.61% Traditional ROI: 5.39%
702 N Beacon Hill Circle URBANA, IL New Construction by Nyadaro Homes in Beringer Commons. 3 bed / 2 bath ranch with a split f...	3 beds \| 2 baths \| 1,788 sq.ft.	$389,900	Airbnb cash on cash: -0.47% Traditional cash on cash: 3.19% Airbnb Rental Income: $1580 Traditional Rental Income: $2467 Airbnb ROI: -0.47% Traditional ROI: 3.19%
3402 Melissa Lane URBANA, IL New Construction just finished and ready to move right in in South Ridge IX with sought af...	3 beds \| 2 baths \| 1,830 sq.ft.	$354,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.57% Airbnb Rental Income: $1580 Traditional Rental Income: $2372 Airbnb ROI: -0.16% Traditional ROI: 3.57%
205 Carrie Avenue URBANA, IL Located in desirable Edgewood subdivision of Urbana in the county so taxes are lower.Custo...	3 beds \| 2 baths \| 1,546 sq.ft.	$245,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.28% Airbnb Rental Income: $1580 Traditional Rental Income: $2215 Airbnb ROI: 1.6% Traditional ROI: 6.28%
212 Hartle Avenue URBANA, IL Welcome home to this delightful 3 bedroom, 1 bath ranch perfectly situated on a double lot...	3 beds \| 1 baths \| 994 sq.ft.	$125,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 10.06% Airbnb Rental Income: $1580 Traditional Rental Income: $1543 Airbnb ROI: 6.61% Traditional ROI: 10.06%
1506 S Orchard Street URBANA, IL Nestled in the highly sought-after State Streets neighborhood, just two blocks from the Un...	4 beds \| 4 baths \| 3,249 sq.ft.	$650,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 3.42% Airbnb Rental Income: $1407 Traditional Rental Income: $4041 Airbnb ROI: -1.62% Traditional ROI: 3.42%
1303 S Smith Road URBANA, IL 4 bedroom ranch home on crawl, 2 car detached garage. Sold at List.	4 beds \| 3 baths \| 1,250 sq.ft.	$307,500	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.98% Airbnb Rental Income: $1407 Traditional Rental Income: $2184 Airbnb ROI: -0.16% Traditional ROI: 3.98%
3038 Stillwater Landing unit: 201 #201 URBANA, IL Great condo in popular Stone Creek subdivision. 2nd floor. Spacious open floor plan that a...	2 beds \| 2 baths \| 1,150 sq.ft.	$189,500	Airbnb cash on cash: -1.56% Traditional cash on cash: 6.74% Airbnb Rental Income: $993 Traditional Rental Income: $2132 Airbnb ROI: -1.56% Traditional ROI: 6.74%
1913 Trails Drive URBANA, IL Situated on a corner lot in a quiet neighborhood this one story, 3799 SQ FT, w/basement of...	3 beds \| 4 baths \| 1,926 sq.ft.	$465,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.84% Airbnb Rental Income: $1580 Traditional Rental Income: $2727 Airbnb ROI: -0.84% Traditional ROI: 2.84%
301 G H Baker Drive URBANA, IL A showstopper on the Urbana Country Club Golf Course! Incredible golf course views, modern...	3 beds \| 2 baths \| 1,996 sq.ft.	$500,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.7% Airbnb Rental Income: $1580 Traditional Rental Income: $2500 Airbnb ROI: -0.24% Traditional ROI: 2.7%

Real Estate investment in Urbana, IL

There are 67 properties for sale in the city of Urbana . The median list price in Urbana is $251,650 and the average price per square foot is $150. In January 2026, the average monthly cash on cash return in Urbana is 6.00%. The average monthly rental income in Urbana is $2,216.

Urbana, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 67 investment properties available for sale in Urbana.

In 2026, the best neighborhood to buy investment property is URBANA.

The ROI for Long-Term is higher than the Short-Term in Urbana with average rental income of $2,216.

Your search for investment property begins and ends here

Investment Property for Sale in Urbana, IL

2902 S Myra Ridge Drive

URBANA, IL

4 beds | 3 baths | 2,170 sq.ft.

$329,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $1407

Traditional Rental Income: $2747

Airbnb ROI: -0.08%

Traditional ROI: 5.62%

706 S Coler Avenue unit: 5 #5

URBANA, IL

2 beds | 1 baths | 1,411 sq.ft.

$162,900

Airbnb cash on cash: -3.52%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $993

Traditional Rental Income: $1657

Airbnb ROI: -3.52%

Traditional ROI: 3.03%

414 S Dodson Drive

URBANA, IL

5 beds | 2 baths | 1,850 sq.ft.

$244,900

Airbnb cash on cash: 2.36%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $1599

Traditional Rental Income: $2585

Airbnb ROI: 2.36%

Traditional ROI: 8.59%

1304 Christopher Circle unit: 1 #1

URBANA, IL

2 beds | 1 baths | 970 sq.ft.

$103,900

Airbnb cash on cash: 0.55%

Traditional cash on cash: 10.32%

Airbnb Rental Income: $993

Traditional Rental Income: $1624

Airbnb ROI: 0.55%

Traditional ROI: 10.32%

704 W Illinois Street

URBANA, IL

4 beds | 2 baths | 1,901 sq.ft.

$390,250

Airbnb cash on cash: -0.46%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1407

Traditional Rental Income: $1740

Airbnb ROI: -0.46%

Traditional ROI: 1.6%

805 W Indiana Avenue

URBANA, IL

4 beds | 3 baths | 3,597 sq.ft.

$599,000

Airbnb cash on cash: -1.85%

Traditional cash on cash: 2.02%

Airbnb Rental Income: $1407

Traditional Rental Income: $3148

Airbnb ROI: -1.85%

Traditional ROI: 2.02%

812 W Delaware Avenue

URBANA, IL

4 beds | 3 baths | 2,476 sq.ft.

$489,900

Airbnb cash on cash: -1.91%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $1407

Traditional Rental Income: $2975

Airbnb ROI: -1.91%

Traditional ROI: 2.44%

1512 Ogelthorpe Avenue

URBANA, IL

3 beds | 2 baths | 1,078 sq.ft.

$230,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1580

Traditional Rental Income: $1810

Airbnb ROI: 1.95%