405 S Mckinley Ave Champaign, IL 61821
Clark Neighborhood
3
Beds
2
Baths
1,292
Sq Ft
4,356
Sq Ft Lot
Highlights
- 1-Story Property
- Central High School Rated A
- Forced Air Heating System
About This Home
As of March 2025Welcome to 405 S McKinley, Champaign - a completely remodeled duplex in a desirable neighborhood, offering excellent investment potential. Recent upgrades include new siding and a new roof, ensuring minimal maintenance. Unit 1 is a spacious 2-bedroom, 1-bathroom unit featuring a large family room and a fully equipped kitchen with stainless steel appliances, including a refrigerator, oven, microwave, dishwasher, washer, and dryer. Currently rented below market value, Unit 1 presents an opportunity for future income growth. Unit 2 is an efficient 1-bedroom unit and is currently vacant, ready for a new tenant. This turnkey property is ideal for investors looking for a solid, well-maintained asset in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,307
Year Built
- Built in 1948
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x132
Home Design
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Parking
- 3 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Schools
- Unit 4 Of Choice Elementary School
- Champaign/Middle Call Unit 4 351
- Centennial High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $190,000 | -4.5% | $147 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | Price Changed | $199,000 | -11.6% | $154 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $225,000 | +246.2% | $174 / Sq Ft |
| 08/25/2022 08/25/22 | Sold | $65,000 | 0.0% | $50 / Sq Ft |
| 07/22/2022 07/22/22 | For Sale | $65,000 | -- | $50 / Sq Ft |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $3,307 | $40,260 | $16,630 | $23,630 |
| 2023 | $3,307 | $36,670 | $15,150 | $21,520 |
| 2022 | $3,111 | $33,830 | $13,980 | $19,850 |
| 2021 | $3,037 | $33,170 | $13,710 | $19,460 |
| 2020 | $2,924 | $31,890 | $13,180 | $18,710 |
| 2019 | $2,830 | $31,240 | $12,910 | $18,330 |
| 2018 | $2,767 | $30,750 | $12,710 | $18,040 |
| 2017 | $2,672 | $29,570 | $12,220 | $17,350 |
| 2016 | $2,395 | $28,960 | $11,970 | $16,990 |
| 2015 | $2,414 | $28,450 | $11,760 | $16,690 |
| 2014 | $2,393 | $28,450 | $11,760 | $16,690 |
| 2013 | $2,372 | $28,450 | $11,760 | $16,690 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,500 | New Conventional | |
| Previous Owner | $850,000 | New Conventional | |
| Previous Owner | $62,300 | Purchase Money Mortgage | |
| Previous Owner | $8,900 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | None Listed On Document | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | $89,000 | None Available |
Source: Public Records
Similar Homes in Champaign, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12193733
APN: 43-20-14-204-007
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