NOT LISTED FOR SALE

508 W Green St Champaign, IL 61820

Clark Neighborhood

Estimated Value: $369,000 - $370,000

5 Beds
4 Baths
1,998 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 01, 2025

Last sale price $355,000 $178 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,575/month

17 Days on Market

Highlights

  • 1-Story Property
  • Heating System Uses Steam
  • 4-minute walk to Harris Park
  • Central High School Rated A

About This Home

As of May 2025

This well-maintained 4-unit investment property features two spacious first-floor units and two comfortable second-floor units, each offering a practical layout. Ideally located in a convenient neighborhood, tenants will enjoy easy access to local amenities, public transportation, and major roadways. Each unit is equipped with essential kitchen appliances, ensuring a hassle-free living experience. This property presents a fantastic opportunity for investors looking to generate steady rental income in a sought-after area.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 02/24/2025

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,159

Year Built

  • Built in 1893

Parking

  • 3 Car Garage

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • Lot Dimensions are 66 x 238.58
  • Heating System Uses Steam

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,159

Year Built

Built in 1893

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 9 BARRETT'S W.C., ADD
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66 X 238.58
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 8158.9
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Apr 28, 2025
Sold by
Stevens Shawn W and Pardini Stephanie I
Bought by
506-508 Green St Llc
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Non Member
NON MEMBER
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Views
24
Current Estimated Value
$369,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,350
Avg. Annual Appreciation
6.83%
Original Mortgage
$116,135
Outstanding Balance
$83,861
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$285,489

Purchase Details

Closed on
May 9, 2019
Sold by
Ui Elite Holdings Llc University Series
Bought by
Stevens Shawn W and Pardini Stephanie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 14, 2016
Sold by
E And T Enterpises Of Illinois Llc
Bought by
Ui Elite Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,303,754
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2014
Sold by
Sterling Management Llc
Bought by
E & T Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 8, 2013
Sold by
Sterling Management Llc
Bought by
Sterling Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
506-508 Green St Llc $355,000 None Listed On Document
Stevens Shawn W $285,000 Allied Capital Title
Ui Elite Holdings Llc $460,000 None Available
E & T Enterprises Llc $375,000 None Available
Sterling Management Llc -- None Available
Sterling Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 506-508 Green St Llc $116,135
Previous Owner Stevens Shawn W $242,250
Previous Owner Ui Elite Holdings Llc $2,303,754
Previous Owner Sterling Management Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $355,000 -2.7% $178 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $365,000 -- $183 / 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 $7,684 $93,560 $21,260 $72,300
2023 $7,684 $85,210 $19,360 $65,850
2022 $7,229 $78,610 $17,860 $60,750
2021 $7,229 $77,070 $17,510 $59,560
2020 $6,795 $74,110 $16,840 $57,270
2019 $6,576 $72,580 $16,490 $56,090
2018 $6,429 $71,440 $16,230 $55,210
2017 $6,208 $68,700 $15,610 $53,090
2016 $5,566 $67,290 $15,290 $52,000
2015 $5,609 $66,100 $15,020 $51,080
2014 $5,561 $66,100 $15,020 $51,080
2013 $5,511 $66,100 $15,020 $51,080
Source: Public Records

Agents Affiliated with this Home

  • Nick Taylor

    Seller's Agent in 2025

    Nick Taylor

    Taylor Realty Associates

    (217) 377-4353

    19 in this area

    738 Total Sales

    Nick Taylor
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12294923

Midwest Real Estate Data (MRED)

APN: 43-20-13-130-014

Illinois Champaign County Champaign 61820 Clark

508 W Green St, Champaign, IL

Not Listed for Sale

MultiFamily

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