514 Calhoun Street, Tolono, Illinois 61880
$212,900
For Sale
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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 |
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 | |
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1950 | |
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No | |
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Champaign | |
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12209493 | |
292626282001 |
Nearby Schools
NAME: | DISTRICT: | DISTANCE: | |
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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: |
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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
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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100 X 120 | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2022 | $1,601 |
2025 | $1,877 |
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Listing Provided By
Coldwell Banker R.E. Group