501 Prospect Avenue, Champaign, Illinois 61822
$172,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1932 |
| Property Taxes: | $3,390 |
| Days On Market: | 1230 |
| Lot Size: | 0,18 |
Description
Prospect charmer with two units. Live in one and rent the other or maximize your income potential by renting out both units. The basement has the shared laundry space and storage. Roof is less than 10 years old. Unit 1 has an updated furnace. Such a great investment property the current owner has had it for 40 years!! 2 units with 2 bedrooms and 1 bathroom. Rents could range anywhere from $750-$1000 (not guaranteed). Use the 2 car garage for tenants or use as rented storage space for additional income. Great location near north Prospect dining and shopping.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1932 | |
| — | |
| — | |
| No | |
| 0.18 |
| Champaign | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11403068 | |
| 412011285017 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Champaign Elementary School |
4 | — | |
|
Middle School
Champaign Junior High School |
4 | Not in DB | |
|
High School
Champaign High School |
4 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 30 Jun, 2022 | Sold | $172,000 | MRED MLS |
| 26 May, 2022 | Under contract | $184,900 | MRED MLS |
| 13 May, 2022 | Listed for sale | $184,900 | MRED MLS |
| 10 Sep, 2025 | Under contract | $235,000 | MRED MLS |
| — | Last price change | $237,500 | MRED MLS |
| 23 Jul, 2025 | Listed for sale | $250,000 | MRED MLS |
Room Specifics
All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —Rooms: —
Basement Description: Unfinished
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 60X132 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $3,390 |
| 2025 | $4,208 |
Contact Agent
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Contact Agent
Listing Provided By
eXp Realty,LLC-Maho
