Fantastic investment opportunity near the University of Illinois campus! This property offers 4 spacious bedrooms, 2 full bathrooms, and several comfortable living areas, perfect for accommodating everybody. The full, unfinished basement provides ample storage space, with potential for future customization to add value. Located in a prime area with high rental demand, this property is a smart addition to your investment portfolio and is already leased for the 2024-2025 school year. Don't miss out on this chance to secure a promising asset today!
Closed
$222,000
705 S State St, Champaign, IL 61820
4beds
1,927sqft
Single Family Residence
Built in 1908
10,018.8 Square Feet Lot
$234,400 Zestimate®
$115/sqft
$2,872 Estimated rent
Home value
$234,400
$218,000 - $253,000
$2,872/mo
Zestimate® history
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$2,872/mo
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$1,340/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 01, 2024 at 12:11pm
Listing courtesy of:
Scott Bechtel, GRI (217)356-6100,
KELLER WILLIAMS-TREC,
Michael Elliott 217-841-6915,
KELLER WILLIAMS-TREC
Bought with:
Carol Meinhart, ABR,GRI,SFR
The Real Estate Group,Inc
Source: MRED as distributed by MLS GRID,MLS#: 12116402
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 176 Square Feet
- Dimensions: 11X16
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 247 Square Feet
- Dimensions: 13X19
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 299 Square Feet
- Dimensions: 23X13
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Family room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15X14
Kitchen
- Features: Kitchen (Pantry-Closet), Flooring (Wood Laminate)
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16X11
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Features
- 1st Floor Bedroom
- Basement: Unfinished,Full
Interior area
- Total structure area: 3,003
- Total interior livable area: 1,927 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 10,018 sqft
- Dimensions: 52X190
Details
- Parcel number: 432013251018
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Champaign
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2025 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2025 | Price change | $2,500-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/23/2025 | Price change | $2,600-13.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/2/2025 | Listed for rent | $3,000+58%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/1/2024 | Sold | $222,000+1%$115/sqft |
Source:  MRED as distributed by MLS GRID #12116402 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,584 +7.4% | $58,570 +9.8% |
| 2023 | $4,269 +7.5% | $53,340 +8.4% |
| 2022 | $3,973 -10% | $49,200 +2% |
Find assessor info on the county website
Neighborhood: 61820
Nearby schools
GreatSchools rating
- 6/10South Side Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Edison Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Central High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- High: Central High School
- District: 4
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.
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- Illinois
- Champaign County
- Champaign
- 61820
- 705 S State St