Closed

$220,000

514 N Calhoun St, Tolono, IL 61880

4beds

--sqft

Multi Family

Built in 1950

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,161 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,161/mo

Zestimate^® history

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$1,638/mo

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Features

Basement: None

Property

Parking

Total spaces: 4
Parking features: Driveway, On Site, Owned
Has uncovered spaces: Yes

Lot

Size: 0.28 Acres
Dimensions: 100 X 120

Details

Parcel number: 292626282001
Special conditions: None
Other equipment: Ceiling Fan(s)

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Tolono

Other

Other facts

Listing terms: Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
10/3/2025	Sold	$220,000+3.3%
Source: MRED as distributed by MLS GRID #12209493 Report a problem
9/9/2025	Pending sale	$212,900+5.9%
Source: MRED as distributed by MLS GRID #12209493 Report a problem
11/17/2022	Sold	$201,000+185.1%
Source: Public Record Report a problem
7/25/2022	Sold	$70,500+28.2%
Source: Public Record Report a problem
5/19/2022	Sold	$55,000+37.5%
Source: MRED as distributed by MLS GRID #11371630 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,862 +5.6%	$29,690 +7.7%
2023	$1,763 +5.2%	$27,570 +7.6%
2022	$1,675 +4.7%	$25,620 +5.4%

Find assessor info on the county website

Neighborhood: 61880

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Nearby schools

GreatSchools rating

8/10
Unity West
Grades: K-5Distance: 1.8 mi
8/10
Unity Jr High School
Grades: 6-8Distance: 0.3 mi
4/10
Unity High School
Grades: 9-12Distance: 0.4 mi

Schools provided by the listing agent

Elementary: Unity West Elementary School
Middle: Unity Junior High School
High: Unity High School
District: 7

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.