NOT LISTED FOR SALE

1101 W University Ave Champaign, IL 61821

Estimated Value: $933,000 - $1,435,240

7 Beds
4.5 Baths
5,212 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $1,350,000 $259 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,748/month

Highlights

  • Formal Dining Room
  • Fenced Yard
  • Porch
  • Central High School Rated A
  • 3 Car Detached Garage
  • Intercom

About This Home

As of May 2023

Amazing opportunity to own a piece of Champaign history! Built in 1928 and designed by architect George Ramey, also credited with such buildings as the Champaign City Building, Robeson Department Store and was the local supervising architect of the Virginia Theatre, this Georgian Revival boasts over 5,000 SF of magnificent splendor. When opportunity knocks, open the door. When you do you will discover, past the double entry, a grand foyer that welcomes guests into this elegant yet warm and inviting masterpiece featuring a chef's kitchen with top-of-the-line Viking appliances, heated flooring, granite countertops, breakfast area AND fireplace. Off the eat-in kitchen, tucked under the back staircase, you will find a spacious coat closet (connected to the entry), built-in cabinets and utility closets. As you enter the formal living room, your eye immediately goes to the grand fireplace, the focal point of room. The room also prides built-in bookcases, custom lighting, and beautiful wood flooring. The formal dining room features built-in display cabinets and French doors leading to the elegant rear patio and garden. For a more informal gathering, don't miss the family room, again with fireplace, beautiful woodwork, and arched doorways. The main level also features an inviting sunroom that opens onto one of the two patios. Up the sweeping staircase with original chandelier and amazing wrought iron banister you'll find three full baths, and four bedrooms, including the primary bedroom with stunning en suite with heated flooring, custom shower, numerous built-in cabinets and dressing area that would make a wonderful nursery. The third floor offers the additional three bedrooms, great for guests or office/library, and additional full bath. The basement includes a finished den or game room, wine cellar with sitting area and another half bath. The basement also houses a large laundry area and additional storage. The nearly one-acre yard is an entertainers dream come true, featuring beautiful land scaping including a waterfall, stream, and Koi Pond, two patios with custom pergola and spectacular lighting throughout the garden. Words cannot do justice to this one-of-a-kind, beautifully maintained, home. Opportunity is knocking....... A full list of improvements is available upon request.

Last Listed By

Michael Hogue

RE/MAX REALTY ASSOCIATES-CHA License #475134094 Listed on: 02/06/2023

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,468

Year Built

  • Built in 1928

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 273 x 132
  • Fenced Yard

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,212 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors

Outdoor Features

  • Shed
  • Porch

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,468

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT PT 11 BLOCK 1 ELMWOOD ADD TO CITY OF CHAMPAIGN AND OTHER LAND
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Built-In Oven, Range, Refrigerator, Washer
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Below Grade Finished Sq Ft: 1070
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 5212
  • Other Equipment: TV-Dish, TV-Cable, Security System, Sump Pump, CO Detectors, Intercom
  • Room Type: Bedroom 5, Bedroom 6, Walk In Closet, Bedroom 7
  • Estimated Total Finished Sq Ft: 6282
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 5212
  • Basement Sq Ft: 1070
  • Fireplace Location: Living Room
  • Square Footage Comments: ASQ taken from Minion Media floor plan
  • Total Sq Ft: 6282
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 2109
  • Main Level Sq Ft: 2146
  • Lower Level Sq Ft: 957
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 1350000
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.41
  • Lot Dimensions: 273 X 132
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 22467.9
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed King Stuart C $250,000
Closed King Stuart C $556,000
Closed Liss Tony M $394,650
Closed Liss Tony M $413,000
Closed Liss Tony M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $1,350,000 0.0% $259 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,350,000 +94.2% $259 / Sq Ft
01/27/2014 01/27/14 Sold $695,000 -4.1% $136 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $725,000 -- $142 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $24,529 $305,240 $97,940 $207,300
2023 $24,529 $278,000 $89,200 $188,800
2022 $23,032 $256,460 $82,290 $174,170
2021 $22,468 $251,430 $80,680 $170,750
2020 $21,616 $241,760 $77,580 $164,180
2019 $20,909 $236,780 $75,980 $160,800
2018 $20,431 $233,050 $74,780 $158,270
2017 $19,706 $224,080 $71,900 $152,180
2016 $17,657 $219,470 $70,420 $149,050
2015 $17,783 $215,580 $69,170 $146,410
2014 $17,631 $215,580 $69,170 $146,410
2013 $17,472 $215,580 $69,170 $146,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11713854

Midwest Real Estate Data (MRED)

APN: 42-20-11-456-010