NOT LISTED FOR SALE

611 W University Ave Champaign, IL 61820

Estimated Value: $308,000 - $516,000

9 Beds
5 Baths
2,202 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $340,000 $154 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,898/month

263 Days on Market

Highlights

  • Laundry Room
  • Storage Room
  • Hot Water Heating System
  • Central High School Rated A

About This Home

As of December 2014

Multifamily property with 5 spacious units. Roof 2012, Boiler 2013, replacement windows throughout. Access from University and alley behind with 7 parking spaces. 2 kitchens updated 2012. Great character with hardwood floors and nice floor plans. Convenient location to U of I. Great investment opportunity. Fully leased through 7/31/2015. Call for more details.

Last Listed By

Marilyn White

KELLER WILLIAMS-TREC Listed on: 02/21/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,752

Year Built

  • 1883

Lot Details

  • Lot Dimensions are 78 x 132

Home Design

  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 9 Bedrooms
  • 3-Story Property
  • Storage Room
  • Laundry Room

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Three-Phase Power
  • 100 Amp Service

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,752

Year Built

1883

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Stories: 3
  • Legal Description: LOT 1 A E HARMON'S ADDN
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1883

Interior Features

  • Total Bedrooms: 9
  • Misc Inside: Laundry Room,Storage Inside

Exterior Features

  • Construction Materials: Wood Frame
  • List Price: 375000
  • Exterior Building Type: Aluminum Siding
  • Roof Structure: Other
  • Misc Outside: Balcony/ies

Utilities

  • Cooling: Window Unit(s)
  • Electric: Service - 0 to 100 Amps, Three Phase, Separate Meters
  • Utilities: Water-Municipal, Sewer-Storm Available
  • Heat/Ventilation: Gas,Hot Water

Lot Info

  • Lot Dimensions: 78 X 132

Rental Info

  • Board Number: 22

Multi Family

  • NumberOfUnitsTotal: 5

Tax Info

  • Tax Annual Amount: 5752
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Zimmer Marc and Zimmer Kavitha
Bought by
Clark Capital Property Llc
Total Days on Market
263
Current Estimated Value
$398,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2006
Sold by
Amjad Steven A and Amjad Becky A
Bought by
Amjads Champaign Real Estate Llc

Purchase Details

Closed on
Mar 11, 2005
Sold by
Manzella Joseph and Manzella Samuel
Bought by
Amjad Steven A and Amjad Becky A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.7%
Mortgage Type
Commercial

Range of Values:

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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
Clark Capital Property Llc $330,000 --
Amjads Champaign Real Estate Llc -- None Available
Amjad Steven A $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Capital Property Llc $194,000
Closed Clark Capital Property Llc $264,000
Previous Owner Zimmer Marc $211,030
Previous Owner Zimmer Marc $255,000
Previous Owner Amjad S Champaign Rean Estate Llc $25,000
Previous Owner Amjads Champaign Real Estate Llc $227,000
Previous Owner Amjads Champaign Real Estate Llc $25,000
Previous Owner Amjads Champaign Real Estate L L C $120,248
Previous Owner Amjads Champaign Real Estate Llc $126,500
Previous Owner Amjads Champaign Real Estate Llc $196,090
Previous Owner Amjad Steven A $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $340,000 -24.4% $154 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $450,000 -- $204 / 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 $8,023 $97,690 $23,770 $73,920
2023 $8,023 $88,970 $21,650 $67,320
2022 $7,547 $82,070 $19,970 $62,100
2021 $7,366 $80,460 $19,580 $60,880
2020 $7,094 $77,370 $18,830 $58,540
2019 $6,866 $75,780 $18,440 $57,340
2018 $6,712 $74,590 $18,150 $56,440
2017 $6,481 $71,720 $17,450 $54,270
2016 $5,810 $70,240 $17,090 $53,150
2015 $5,855 $69,000 $16,790 $52,210
2014 $5,805 $69,000 $16,790 $52,210
2013 $5,752 $69,000 $16,790 $52,210
Source: Public Records

Agents Affiliated with this Home

  • Marilyn White

    Seller's Agent in 2014

    Marilyn White

    KELLER WILLIAMS-TREC

    Section Image
  • Michael Cross

    Buyer's Agent in 2014

    Michael Cross

    RE/MAX

    (217) 637-9594

    53 Total Sales

    Michael Cross
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09425734

Midwest Real Estate Data (MRED)

APN: 42-20-12-356-004

Illinois Champaign County Champaign 61820

611 W University Ave, Champaign, IL

Homes for Sale in Champaign, IL

This home is located at 611 W University Ave, Champaign, IL 61820 since 21 February 2014 and is currently estimated at $398,336, approximately $180 per square foot. This property was built in 1883. 611 W University Ave is a home located in Champaign County with nearby schools including Central High School, Holy Cross Elementary School, and Pavilion Foundation School.

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