Sold306d on market
508 W Columbia Ave
Champaign, IL, 61820 • 61820 • Champaign County
$275,000
7Beds
4Baths
0.2 acLot
This home is getting attention
Listed 306 days ago · 18 views
Market activity
Demand and pricing signals for this listing
18 views
People checking out this listing
306 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 12% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family
This three-unit multifamily house is a great opportunity for an investor looking to expand their portfolio. All units have been recently remodeled and include a 3-bedroom/2-bath, a 3-bedroom/1-bath, and a 1-bedroom/1-bath within a two-story converted house. The property boasts an impressive rental history and is currently fully leased through July 2026. There are laundry facilities located in the basement for use by all tenants. Conveniently situated in central Champaign, it offers easy access to downtown and the surrounding CU community.
Estimated monthly payment
Based on current rates
$1,720/month
Principal & Interest$1,353
Property Tax$275
Insurance$92
Down payment20% ($55,000)
3%50%
Est. 6.24% rate · 30yr fixed · $220,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
HeatingNatural Gas, Forced Air
Parking3 Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Systems
HeatingNatural Gas, Forced Air
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Owned
BasementPartially Finished,Full
Lot8,712 sqft
Location & Tax
Neighborhood61820
Annual tax$3,599
Parcel422012180013
Bathrooms & Fees
Full baths4
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Forced Air
Exterior Features
Parking
On Site
Owned
Construction
Vinyl Siding
Listing insights
Market data and value estimates
StatusSold
Days on market306
Est. value$284,800
Est. rent$1,138/mo
Tax rate2.17%
On marketApr 12, 2025
PostedApr 12, 2025
Last sold$275,000
MLS statusClosed
MLS updatedJun 10, 2025
Tour days6
Views18
How are the schools in Champaign?
3 schools rated nearby
Location
Champaign, IL, 61820
Price history
17 events
DateEventPrice$/sqftSource
Jun 5, 2025Sold$275,000—MRED as distributed by MLS GRID
Apr 29, 2025Contingent$275,000—MRED as distributed by MLS GRID
Apr 12, 2025Listed For Sale$275,000—MRED as distributed by MLS GRID
Dec 20, 2024Sold$211,666—MRED as distributed by MLS GRID
Nov 8, 2024Contingent$265,000—MRED as distributed by MLS GRID
May 22, 2024Listed For Sale$265,000—MRED as distributed by MLS GRID
Mar 24, 2021Listing Removed——Owner
Dec 17, 2020Sold$250,000—Public Record
Nov 12, 2020Pending Sale$265,000—Owner
Sep 7, 2020Price Change$265,000—Owner
Aug 28, 2020Price Change$266,000—Owner
Aug 16, 2020Price Change$267,000—Owner
Jul 25, 2020Price Change$268,000—Owner
Jul 8, 2020Price Change$269,000—Owner
Jun 8, 2020Price Change$270,000—Owner
Apr 24, 2020Listed For Sale$275,000—Owner
Sep 13, 2005Sold$63,000—Public Record
Sold$275,000
Jun 5, 2025•MRED as distributed by MLS GRID
Contingent$275,000
Apr 29, 2025•MRED as distributed by MLS GRID
Listed For Sale$275,000
Apr 12, 2025•MRED as distributed by MLS GRID
Sold$211,666
Dec 20, 2024•MRED as distributed by MLS GRID
Contingent$265,000
Nov 8, 2024•MRED as distributed by MLS GRID
Listed For Sale$265,000
May 22, 2024•MRED as distributed by MLS GRID
Listing Removed—
Mar 24, 2021•Owner
Sold$250,000
Dec 17, 2020•Public Record
Pending Sale$265,000
Nov 12, 2020•Owner
Price Change$265,000
Sep 7, 2020•Owner
Price Change$266,000
Aug 28, 2020•Owner
Price Change$267,000
Aug 16, 2020•Owner
Price Change$268,000
Jul 25, 2020•Owner
Price Change$269,000
Jul 8, 2020•Owner
Price Change$270,000
Jun 8, 2020•Owner
Listed For Sale$275,000
Apr 24, 2020•Owner
Sold$63,000
Sep 13, 2005•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$4,063$46,590
Apr 8, 2023$3,826$42,430
Apr 8, 2022$3,599$39,140
Apr 8, 2021$3,514$38,380
Apr 8, 2020$3,609$39,360
Apr 8, 2019$3,414$38,550
Apr 8, 2018$3,414$37,940
Apr 8, 2017$3,428$37,940
Apr 8, 2016$3,074$37,160
Apr 8, 2015$3,074$36,510
Apr 8, 2014$2,567$36,510
Apr 8, 2013$3,044$36,510
Apr 8, 2012$2,371$37,250
Apr 8, 2011$2,858$37,250
Apr 8, 2010$2,819$40,290
Apr 8, 2009—$40,290
Apr 8, 2008—$31,110
Apr 8, 2007$2,184$30,240
Apr 8, 2006$2,065$28,100
Apr 8, 2005$1,565$25,730
Apr 8, 2004$1,450$24,770
Apr 8, 2003$1,449$23,100
Apr 8, 2002$1,422$21,970
Apr 8, 2001$1,306$20,560
Apr 8, 2000$1,270$20,110
Nearby homes
Neighborhood details
Local context around this listing
Champaign, IL • Champaign County
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
6181561820618216182261824618256182661874
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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