$274,000
$15K PRICE DROP

403 W Columbia Ave Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated payment $1,667/month

Total Views 6,376
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This 4-unit multi-family building offers a solid rental history and proximity to downtown, shopping, and parks, making it an excellent addition to any investment portfolio. 4 1bed/1bath units. Units are numbered 1,3,4,and 5. Rent increases on 3 of the 4 leases have already been agreed upon.

Listing Agent

Lisa Rector

KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475146101 Listed on: 05/10/2026

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1898

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 1 Parking Space
  • Parking Available
  • Driveway

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Baseboard Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1898

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 2 BLOCK 4 HULINGS ADD OF TOWN LOTS
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (217) 356-6100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Yes, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • TenantPays: None

Tax Info

  • Tax Annual Amount: 2243.54
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax 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.

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 $2,525 $32,500 $5,950 $26,550
2024 $2,379 $28,960 $5,300 $23,660
2023 $2,379 $26,380 $4,830 $21,550
2022 $2,238 $24,340 $4,460 $19,880
2021 $2,184 $23,860 $4,370 $19,490
2020 $2,244 $24,470 $4,480 $19,990
2019 $2,172 $23,970 $4,390 $19,580
2018 $2,123 $23,590 $4,320 $19,270
2017 $2,132 $23,590 $4,320 $19,270
2016 $1,911 $23,100 $4,230 $18,870
2015 $1,925 $22,690 $4,150 $18,540
2014 $1,909 $22,690 $4,150 $18,540
2013 $1,892 $22,690 $4,150 $18,540
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2026 06/03/26 Price Changed $274,000 -5.2% --
05/10/2026 05/10/26 For Sale $289,000 +54.1% --
10/18/2018 10/18/18 Sold $187,500 -6.3% $140 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $200,000 -- $149 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 Type Sale Price Title Company
Warranty Deed $205,000 None Listed On Document
Warranty Deed $187,500 Attorney
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $164,000 New Conventional
Previous Owner $150,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12633761

Midwest Real Estate Data (MRED)

APN: 42-20-12-186-006

Illinois Champaign County Champaign 61820 Downtown Champaign

403 W Columbia 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

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Lisa Rector
Listing Agent
Lisa Rector
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KELLER WILLIAMS-TREC
(217) 699-1499
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