514 Calhoun Street, Tolono, Illinois 61880


$212,900

For Sale
Status: Pending
Sqft: 0
Cost/Sqft:
Beds: 4
Baths: 0
Year Built: 1950
Property Taxes: $1,877
Days On Market: 15
Lot Size: 0,00
Map
Street View

Description

Totally updated duplex with Over $16k in upgrades since purchased too! Each side has a kitchen with new appliances, new flooring, freshly painted throughout, new bathrooms, new electric heaters, and a/c units. New sewer line to street 2023, new water lines 2023, flat roof on shed part new in 2024, and one side hot water heater in 2016. Roof approx 11 years old. Low maintenance rental. 514 is rented at $900 and is the smaller of the 2 units. 516 is at $950 a month. It is the larger of the 2 with larger bedrooms and a laundry room on back. Storage shed can be used by both units. Why is seller selling? To focus on another business opportunity. Currently it cash flows fine with approx $7k year for current seller. Owner is licensed Realtor. Leased thru July 2026 with smaller side wanting to stay.

Property Specifics

Multi-unit
1950
No
Champaign
— / —
12209493
292626282001

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Unity West Elementary School
7
Middle School
Unity Junior High School
7 Not in DB
High School
Unity High School
7 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
19 May, 2022 Sold $55,000 MRED MLS
10 Apr, 2022 Under contract $55,000 MRED MLS
7 Apr, 2022 Listed for sale $55,000 MRED MLS
9 Sep, 2025 Under contract $212,900 MRED MLS
7 Sep, 2025 Listed for sale $212,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

100 X 120
Not in DB

Tax History

Year Property Taxes
2022 $1,601
2025 $1,877

Nearby Similar Homes

Nearby Sold Comparables

514 Calhoun Street, Tolono, Illinois 61880
Sold
$55,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1950
1264

Tolono, Illinois 61880
Sold
$98,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1963
6201

506 Calhoun Street, Tolono, Illinois 61880
Sold
$136,900
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1963
1978

610-612 Calhoun Street, Tolono, Illinois 61880
Sold
$63,000
2 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1949
2871

612 Calhoun Street, Tolono, Illinois 61880
Sold
$112,000
2 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1949
2336

610-612 Calhoun, Tolono, Illinois 61880
Sold
$69,900
2 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1949
5283


Contact Agent

Listing Provided By

Coldwell Banker R.E. Group