$231,667
SOLD DEC 20, 2024

311 W Columbia Ave Champaign, IL 61820

Downtown Champaign Neighborhood
4 Beds
4 Baths
1,130 Sq Ft
-- Built

Recently Sold

$205 Per Sq Ft

19% Below List Price

169 Days on Market

About This Home

As of July 2025

Three unit multifamily house great for an investor looking to add to their portfolio. The first floor unit is a 2 bed 2 bath with two 1 bed 1 bath units on the second floor. This property has an impressive rental history and is currently fully leased through the end of July, 2024, with one unit rented through 2025. Conveniently located in central Champaign with easy access to downtown along with the surrounding CU community. There is common laundry in the basement of this property for all 3 units. This will be sold as a package with the other investment properties.

Last Agent to Sell the Property

Jordan Dunahee

Ramshaw Real Estate License #475181066 Listed on: 05/22/2024

Last Buyer's Agent

Jill Hess

RE/MAX REALTY ASSOCIATES-CHA License #475167225

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,549

Year Renovated

2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Legal Description: LOT 18 COLUMBIA'S, C.F., ADD OF TOWN LOTS AND OTHER LAND
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • List Price: 285000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

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

  • Lot Dimensions: 56 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2787
  • Tax Year: 2022

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Sunshine Properties Llc and Horizon Park Properties Llc
Bought by
Three Columbia Properties Llc

Purchase Details

Listed on
May 22, 2024
Closed on
Dec 20, 2024
Sold by
Ramclean Llc
Bought by
Sunshine Uc Properties Llc and Horizon Park Properties Llc
Seller's Agent
Jordan Dunahee
Ramshaw Real Estate
Buyer's Agent
Jill Hess
RE/MAX REALTY ASSOCIATES-CHA
List Price
$285,000
Sold Price
$231,667
Premium/Discount to List
-$53,333
-18.71%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.38%

Purchase Details

Closed on
Dec 15, 2004
Sold by
Sinder Carl J
Bought by
Terriberry Gilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
5.84%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $595,000 None Listed On Document
Warranty Deed $595,000 None Listed On Document
Executors Deed $106,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Commercial
Previous Owner $21,700 Credit Line Revolving
Previous Owner $95,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $289,900 0.0% $257 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $289,900 +25.1% $257 / Sq Ft
12/20/2024 12/20/24 Sold $231,667 -18.7% $205 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $285,000 -- $252 / 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 $3,549 $43,210 $5,300 $37,910
2023 $3,549 $39,360 $4,830 $34,530
2022 $2,787 $36,310 $4,460 $31,850
2021 $2,710 $35,600 $4,370 $31,230
2020 $2,797 $36,510 $4,480 $32,030
2019 $2,696 $35,760 $4,390 $31,370
2018 $2,628 $35,200 $4,320 $30,880
2017 $2,639 $35,200 $4,320 $30,880
2016 $2,355 $34,470 $4,230 $30,240
2015 $2,363 $33,850 $4,150 $29,700
2014 $2,114 $33,850 $4,150 $29,700
2013 $2,095 $33,850 $4,150 $29,700
Source: Public Records

Agents Affiliated with this Home

  • Jill Hess

    Seller's Agent in 2025

    Jill Hess

    RE/MAX

    (217) 417-8177

    5 in this area

    293 Total Sales

    Jill Hess
    Section Image
  • Rodica Taritsa

    Buyer's Agent in 2025

    Rodica Taritsa

    KELLER WILLIAMS-TREC

    (217) 637-1322

    6 in this area

    94 Total Sales

    Rodica Taritsa
    Section Image
  • Jordan Dunahee

    Seller's Agent in 2024

    Jordan Dunahee

    Ramshaw Real Estate

    (309) 846-8941

    4 in this area

    41 Total Sales

    Jordan Dunahee
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12046808

Midwest Real Estate Data (MRED)

APN: 42-20-12-254-001

Illinois Champaign County Champaign 61820 Downtown Champaign

311 W Columbia Ave, Champaign, IL

This home is located at 311 W Columbia Ave, Champaign, IL 61820 and is currently priced at $231,667, approximately $205 per square foot. 311 W Columbia Ave is a home located in Champaign County with nearby schools including Central High School, Franklin STEAM Academy, and Holy Cross Elementary School.

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