For sale Home

Listed Oct 29, 2026

$340,000 Est. $2,249/mo

401 West Elm Street

  • 7

    Beds

  • 3

    Baths

  • 2,604

    Sq ft

The story

  • Basement

Originally built as a duplex in 1914, this distinctive West Urbana property offers historic charm, generous living space, and investment potential. Designed with two mirror-image residences, the property retains beautiful original woodwork, hardwood floors, fireplaces, and unique architectural details, including back-to-back staircases. Previously utilized as professional office space, the building was reconfigured in 2013 to feature one spacious, renovated kitchen and expansive common areas. The current layout includes 10 bedrooms, consisting of six generously sized bedrooms and four additional bedrooms, along with three full bathrooms. Conveniently located near downtown Urbana, shopping, dining, and local amenities. Fully leased through July 2028, offering an established rental income opportunity for investors.

Facts & features

Home type

Home

Year built

1914

Price per sq ft

$131

Included features

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Gas, Forced Air

  • Appliances

    Range, Dishwasher, Refrigerator, Washer, Dryer

  • Lot Information

    Corner Lot

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,249 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,810
  • Property tax $340
  • Insurance $99

Includes principal, interest, taxes & insurance.

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Listing Broker

RE/MAX REALTY ASSOCIATES-CHA

Broker Name

RE/MAX REALTY ASSOCIATES-CHA

Agent

Kimberly Krisman-Quigg