NOT LISTED FOR SALE

406 N Elm St Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $166,000 - $177,000

4 Beds
3 Baths
1,028 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $160,000 $156 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,315/month

1 Day on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to West Side Park
  • Central High School Rated A

About This Home

As of December 2023

This home is located at 406 N Elm St, Champaign, IL 61820 since 22 November 2023 and is currently estimated at $171,328, approximately $166 per square foot. This property was built in 1935. 406 N Elm St is a home located in Champaign County with nearby schools including Central High School, Franklin STEAM Academy, and Holy Cross Elementary School.

Last Agent to Sell the Property

Michael Hogue

RE/MAX REALTY ASSOCIATES-CHA License #475134094 Listed on: 11/22/2023

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Michael Hogue

RE/MAX REALTY ASSOCIATES-CHA License #475134094 Listed on: 11/22/2023

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,072

Year Built

  • Built in 1935

Lot Details

  • 5,924

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Schools

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

Additional Features

  • Lot Dimensions are 41 x 132
  • Forced Air Heating System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,072

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOTS PT 5, PT 6 BLOCK 1 WHITE'S, JOHN P. ADD
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 160000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: 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: 41 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 4072
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Dec 22, 2023
Sold by
Covert Sharon V
Bought by
Heath Properties Llc
Seller's Agent
Michael Hogue
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Michael Hogue
RE/MAX REALTY ASSOCIATES-CHA
List Price
$160,000
Sold Price
$160,000
Views
4
Current Estimated Value
$171,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,328
Avg. Annual Appreciation
5.97%
Original Mortgage
$128,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Heath Properties Llc $160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heath Properties Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $160,000 0.0% $156 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $160,000 -- $156 / 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 $4,329 $52,700 $9,180 $43,520
2023 $4,329 $48,000 $8,360 $39,640
2022 $4,072 $44,280 $7,710 $36,570
2021 $3,974 $43,410 $7,560 $35,850
2020 $3,827 $41,740 $7,270 $34,470
2019 $3,704 $40,880 $7,120 $33,760
2018 $3,621 $40,240 $7,010 $33,230
2017 $3,496 $38,690 $6,740 $31,950
2016 $3,134 $37,890 $6,600 $31,290
2015 $3,158 $37,220 $6,480 $30,740
2014 $3,131 $37,220 $6,480 $30,740
2013 $3,103 $37,220 $6,480 $30,740
Source: Public Records

Agents Affiliated with this Home

  • Michael Hogue

    Seller's Agent in 2023

    Michael Hogue

    RE/MAX

    (217) 841-8486

    3 in this area

    199 Total Sales

    Michael Hogue
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11933900

Midwest Real Estate Data (MRED)

APN: 42-20-12-330-002

Illinois Champaign County Champaign 61820 Downtown Champaign

406 N Elm St, Champaign, IL

This home is located at 406 N Elm St, Champaign, IL 61820 since 22 November 2023 and is currently estimated at $171,328, approximately $166 per square foot. This property was built in 1935. 406 N Elm St 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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