NOT LISTED FOR SALE

709 W Illinois St Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $264,000 - $293,194

6 Beds
2 Baths
1,105 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $200,000 $181 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,787/month

40 Days on Market

About This Home

As of October 2021

Great location relative to the University of Illinois. This house has been home to countless University students and most recently rented out for $2,500 a month with tenants paying all utilities including water, sewer, recycling, trash, heat, electric and wifi. Available now to be 100% leased, or live in half and rent the other half out. First floor has it's own separate bedrooms, bathroom, common living room and kitchen. Second and third floors has it's own separate bedrooms, bathroom, common living room and kitchen. Unfinished shared basement includes on site washer and dryer.

Last Agent to Sell the Property

Ronald Fields

AroundCU Real Estate Company License #475123894 Listed on: 08/10/2021

Last Buyer's Agent

Jill Hess

RE/MAX REALTY ASSOCIATES-CHA License #475167225

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,191

Year Built

  • Built in 1900

Lot Details

  • 5,619

Home Design

  • Aluminum Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Leal Elementary School
  • Urbana Middle School
  • Urbana High School

Additional Features

  • Lot Dimensions are 59 x 118
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,191

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOTS PT 10, PT 11 CAMPBELL AND KELLEY'S ADD
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • List Price: 209900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Elementary School: Leal Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 59 X 118
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 7190.8
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 18, 2021
Sold by
Clipp Landon T
Bought by
Chennareddy Mohan and Chennareddy Suneela
Seller's Agent
Ronald Fields
AroundCU Real Estate Company
Buyer's Agent
Jill Hess
RE/MAX REALTY ASSOCIATES-CHA
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$277,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,049
Avg. Annual Appreciation
8.81%
Original Mortgage
$160,000
Outstanding Balance
$146,537
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$130,512

Purchase Details

Listed on
Sep 21, 2020
Closed on
Mar 8, 2021
Sold by
Fotprint Leasing Llc
Bought by
Clipp Landon T
Seller's Agent
Jonah Weisskopf
Weiner Co., Ltd.
Buyer's Agent
Stefanie Pratt
Coldwell Banker R.E. Group
List Price
$244,000
Sold Price
$207,500
Premium/Discount to List
-$36,500
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.86%
Original Mortgage
$166,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2013
Sold by
Doyle Kip
Bought by
Footprint Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

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
Chennareddy Mohan $200,000 None Available
Clipp Landon T $207,500 Attorney
Footprint Leasing Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chennareddy Mohan $160,000
Previous Owner Clipp Landon T $166,000
Previous Owner Footprint Leasing Llc $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $200,000 -4.7% $181 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $209,900 +1.2% $190 / Sq Ft
03/10/2021 03/10/21 Sold $207,500 -11.3% $188 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
10/18/2020 10/18/20 Price Changed $234,000 -4.1% $212 / Sq Ft
09/21/2020 09/21/20 For Sale $244,000 -- $221 / 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 $8,534 $87,930 $23,410 $64,520
2023 $8,534 $80,230 $21,360 $58,870
2022 $7,997 $73,880 $19,670 $54,210
2021 $7,432 $68,850 $18,330 $50,520
2020 $7,191 $66,850 $17,800 $49,050
2019 $6,986 $66,850 $17,800 $49,050
2018 $6,956 $67,330 $17,930 $49,400
2017 $7,196 $67,330 $17,930 $49,400
2016 $7,969 $74,980 $17,410 $57,570
2015 $7,785 $74,980 $17,410 $57,570
2014 $7,679 $72,440 $16,820 $55,620
2013 $7,732 $73,910 $17,160 $56,750
Source: Public Records

Agents Affiliated with this Home

  • Ronald Fields

    Seller's Agent in 2021

    Ronald Fields

    AroundCU Real Estate Company

    (217) 621-6966

    8 in this area

    121 Total Sales

    Ronald Fields
    Section Image

  • J

    Seller's Agent in 2021

    Jonah Weisskopf

    Weiner Co., Ltd.

    (217) 621-3196

    30 in this area

    49 Total Sales

    Jonah Weisskopf
    Section Image
  • Jill Hess

    Buyer's Agent in 2021

    Jill Hess

    RE/MAX

    (217) 417-8177

    11 in this area

    294 Total Sales

    Jill Hess
    Section Image
  • Stefanie Pratt

    Buyer's Agent in 2021

    Stefanie Pratt

    Coldwell Banker R.E. Group

    (217) 202-3336

    4 in this area

    370 Total Sales

    Stefanie Pratt
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11185428

Midwest Real Estate Data (MRED)

APN: 92-21-17-155-004

Illinois Champaign County Urbana 61801 West Urbana

709 W Illinois St, Urbana, IL

This home is located at 709 W Illinois St, Urbana, IL 61801 since 10 August 2021 and is currently estimated at $277,049, approximately $250 per square foot. This property was built in 1900. 709 W Illinois St is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

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