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Silver Street Portfolio

Silver St, Urbana, IL
Available Now
Undisclosed
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FOR SALEMultifamily / Apartments Building
Building Size
45,572SF
Lot Size
1.6Ac
Currently Leased
No
Sale Type
Distressed Sale
Listing Contacts
Executive Vice President
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Available Properties

Total: 5
Property Name / Address
Year Built
Individual Price
Condition

Location

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Silver Street Portfolio
About the location

Frontline Real Estate Partners, in partnership with RealINSIGHT Marketplace, presents the Silver Street Multi-Family Portfolio, a five-building, 71-unit investment opportunity in Urbana, Illinois offering substantial value-add potential and long-term upside. The portfolio spans approximately 45,572 square feet across 1.58 acres along Silver Street and Fletcher Street, just minutes from the University of Illinois Urbana-Champaign. Originally built in 1969 and partially renovated in 2023, the properties feature a unit mix primarily consisting of one-bedroom layouts with select two-bedroom units. Currently operating at approximately 9.86% occupancy, the portfolio provides a rare opportunity for investors to execute a full lease-up and renovation strategy. Supported by strong demand drivers from a major university with over 55,000 students, along with a stable base of faculty, healthcare, and research employment, the asset offers scale within a proven rental market and the ability to drive long-term value through operational improvements and strategic repositioning.

Documents

FILE
Silver Street Multifamily Portfolio OM.pdf
5.26 MB · Listing document
Silver Street Portfolio
45,572 SF · multifamily · United States · IL
View OM