NOT LISTED FOR SALE

312 W Springfield Ave Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $196,355 - $258,000

3 Beds
3 Baths
1,215 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2024

Last sale price $180,000 $148 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,727 / mo

37 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Firefighters Park
  • Central High School Rated A

About This Home

As of November 2024

Fantastic location for this 3-plex investment opportunity within close proximity to downtown Champaign, Neil St retail and the University of Illinois Campus. The property contains three separate 1 bedroom 1 bath units that are currently leased through the end of the July 2025. Units are in good condition with hardwood flooring in each of the 3. The units are split between the upper, main and lower levels of the home. There are three parking spaces in the driveway for off-street parking with additional parking on-street. One car detached garage is currently being used as storage. Common onsite laundry in the lower level for all tenants.

Last Agent to Sell the Property

Jordan Dunahee

Ramshaw Real Estate License #475181066 Listed on: 09/19/2024

Last Buyer's Agent

Shannon Collins

Green Street Realty License #475178418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,201

Lot Details

  • 8,146

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 80 x 100

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,201

Lot Details

8,146 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOTS PT 12, PT 13 BLOCK 2 JOHNSON, FARNHAM, GREEN AND MUNSELL'S ADD
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Refrigerator,Microwave,Cooktop

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,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

Lot Info

  • Lot Dimensions: 80 X 100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 6200.72
  • Tax Year: 2023

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

Listed on
Sep 19, 2024
Closed on
Nov 11, 2024
Sold by
Ramclean Llc
Bought by
Lin Pan Llc
Seller's Agent
Jordan Dunahee
Ramshaw Real Estate
Buyer's Agent
Shannon Collins
Green Street Realty
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
33
Current Estimated Value
$221,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,904
Avg. Annual Appreciation
12.97%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lin Pan Llc $180,000 None Listed On Document
Lin Pan Llc $180,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2024 11/12/24 Sold $180,000 -10.0% $148 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $200,000 0.0% $165 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $200,000 +14.3% $165 / Sq Ft
02/02/2016 02/02/16 Sold $175,000 -22.2% $144 / Sq Ft View Prior Sale
11/10/2015 11/10/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $225,000 -- $185 / 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 $6,584 $60,000 $21,250 $38,750
2024 $6,201 $75,500 $18,940 $56,560
2023 $6,201 $68,760 $17,250 $51,510
2022 $5,833 $63,430 $15,910 $47,520
2021 $5,693 $62,190 $15,600 $46,590
2020 $5,483 $59,800 $15,000 $44,800
2019 $5,307 $58,570 $14,690 $43,880
2018 $5,188 $57,650 $14,460 $43,190
2017 $5,009 $55,430 $13,900 $41,530
2016 $3,994 $54,290 $13,610 $40,680
2015 $4,016 $53,330 $13,370 $39,960
2014 $3,982 $53,330 $13,370 $39,960
2013 $3,946 $53,330 $13,370 $39,960
Source: Public Records

Agents Affiliated with this Home

  • Jordan Dunahee

    Seller's Agent in 2024

    Jordan Dunahee

    Ramshaw Real Estate

    (309) 846-8941

    7 in this area

    47 Total Sales

    Jordan Dunahee
    Section Image
  • Shannon Collins

    Buyer's Agent in 2024

    Shannon Collins

    Green Street Realty

    (217) 493-3776

    6 in this area

    167 Total Sales

    Shannon Collins
    Section Image
  • Creg McDonald

    Seller's Agent in 2016

    Creg McDonald

    Realty Select One

    (217) 493-8341

    31 in this area

    733 Total Sales

    Creg McDonald
    Section Image
  • Todd Salen

    Buyer's Agent in 2016

    Todd Salen

    KELLER WILLIAMS-TREC

    (217) 369-9415

    41 Total Sales

    Todd Salen
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12168011

Midwest Real Estate Data (MRED)

APN: 42-20-12-458-009

Illinois Champaign County Champaign 61820 Downtown Champaign

312 W Springfield Ave, Champaign, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.