NOT LISTED FOR SALE

1209 W Park Ave Champaign, IL 61821

Estimated Value: $172,000 - $176,000

5 Beds
3 Baths
1,359 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2025

Last sale price $158,000 $116 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,099 / mo

78 Days on Market

Highlights

  • Porch
  • Central High School Rated A
  • 4-minute walk to Davidson Park

About This Home

As of February 2025

Fully leased 3-unit multi-family investment in an established neighborhood! This is a fantastic opportunity for investors looking for consistent income in a desirable area. With reliable tenants already in place, you can enjoy immediate cash flow. Don't miss out on this excellent investment opportunity!

Last Agent to Sell the Property

Kimberly Clark

RE/MAX REALTY ASSOCIATES-CHA License #475132428 Listed on: 10/01/2024

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Dionne Clifton

LIVE Real Estate Group License #471019717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,801

Lot Details

  • 9,191

Home Design

  • Cedar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Central High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Lot Dimensions are 62.3 x 148.72
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Gross Income $1,865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,801

Lot Details

9,191 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 5 IN BLK 3 IN DYERS ADDN
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Champaign Elementary School
  • High School: Central High School
  • Middle/Junior School: Champaign Junior High School

Lot Info

  • Lot Dimensions: 62.3 X 148.72
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Multi Family

  • GrossIncome: 1865
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5801
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Feb 10, 2025
Sold by
Mithona Llc
Bought by
Mcconney Marc
Seller's Agent
Kimberly Clark
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Dionne Clifton
LIVE Real Estate Group
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%
Views
167
Current Estimated Value
$174,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,465
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Sep 14, 2020
Sold by
Stroupe Hubert C and Pullen Heidi E
Bought by
Mithona Llc

Purchase Details

Closed on
Oct 26, 2005
Sold by
Johnson Bryan P
Bought by
Profile Collegiate Properties Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mcconney Marc $158,000 None Listed On Document
Mithona Llc -- Attorney
Profile Collegiate Properties Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $158,000 -9.7% $116 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
11/07/2024 11/07/24 For Sale $175,000 0.0% $129 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/19/2024 10/19/24 For Sale $175,000 -- $129 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,252 $79,240 $17,970 $61,270
2024 $5,801 $70,630 $16,020 $54,610
2023 $5,801 $64,330 $14,590 $49,740
2022 $5,458 $59,350 $13,460 $45,890
2021 $5,327 $58,190 $13,200 $44,990
2020 $5,130 $55,950 $12,690 $43,260
2019 $4,965 $54,800 $12,430 $42,370
2018 $4,853 $53,930 $12,230 $41,700
2017 $4,686 $51,860 $11,760 $40,100
2016 $4,201 $50,790 $11,520 $39,270
2015 $4,234 $49,900 $11,320 $38,580
2014 $4,198 $49,900 $11,320 $38,580
2013 $4,160 $49,900 $11,320 $38,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12177923

Midwest Real Estate Data (MRED)

APN: 42-20-11-406-006

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