Sold285d on market
716 W Iowa St
Urbana, IL, 61801 • 61801 • Champaign County
$390,000
6Beds
2Baths
0.17 acLot
1940Built
Property DNA
Traditional Style
Built 1940 · 86 years of history
2-Car Garage
Garage Door Opener · On Site · Garage Owned · Detached · Garage
This home is in high demand
Listed 285 days ago · 11 views · Top 6% likely to sell soon
Market activity
Demand and pricing signals for this listing
11 views
People checking out this listing
285 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 6% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Multi Family · Built 1940
Solid brick duplex in the heart of the State Streets! This well-designed, two-story duplex was originally constructed as a duplex-not a conversion-and offers incredible potential just steps from the University of Illinois. Each unit features spacious living areas with hardwood flooring throughout and a fireplace in both units, adding warmth and character. There's also an unfinished walk-up attic in each unit, perfect for extra storage or future expansion. The property includes a full basement, a 2-car garage, and boasts beautiful curb appeal with its classic brick exterior. Whether you're looking for a smart investment property or an ideal house hack opportunity-live in one unit and rent the other-this home checks all the boxes. Don't miss your chance to own a piece of one of Urbana's most desirable neighborhoods!
Estimated monthly payment
Based on current rates
$2,439/month
Principal & Interest$1,919
Property Tax$390
Insurance$130
Down payment20% ($78,000)
3%50%
Est. 6.24% rate · 30yr fixed · $312,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1940
HeatingNatural Gas
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTraditional
Year built1940
Systems
HeatingNatural Gas
RoofAsphalt
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, On Site, Garage Owned, Detached, Garage
Garage2 spaces
BasementPartially Finished,Full
Lot7,233 sqft
Location & Tax
Neighborhood61801
ZoningMULTI
Annual tax$11,940
Parcel932117305018
Bathrooms & Fees
Full baths2
Features & details
4 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Parking
Garage Door Opener
On Site
Garage Owned
Detached
Garage
Construction
Brick
Community
Sidewalks
Street Lights
Street Paved
Listing insights
Market data and value estimates
StatusSold
Days on market285
Est. value$399,900
Est. rent$1,634/mo
Tax rate2.17%
On marketMay 14, 2025
PostedMay 14, 2025
Last sold$390,000
MLS statusClosed
MLS updatedJul 2, 2025
Tour days6
Views11
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61801
Price history
3 events
DateEventPrice$/sqftSource
Jun 27, 2025Sold$390,000—MRED as distributed by MLS GRID
May 17, 2025Pending Sale$385,000—MRED as distributed by MLS GRID
May 14, 2025Listed For Sale$385,000—MRED as distributed by MLS GRID
Sold$390,000
Jun 27, 2025•MRED as distributed by MLS GRID
Pending Sale$385,000
May 17, 2025•MRED as distributed by MLS GRID
Listed For Sale$385,000
May 14, 2025•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 9, 2024$12,748$129,600
Apr 9, 2023$11,940$118,250
Apr 9, 2022$11,136$108,880
Apr 9, 2021$10,306$101,470
Apr 9, 2020$9,952$98,520
Apr 9, 2019$9,630$98,520
Apr 9, 2018$9,630$99,210
Apr 9, 2017$9,962$99,210
Apr 9, 2016$9,501$95,390
Apr 9, 2015$9,501$95,390
Apr 9, 2014$9,134$92,160
Apr 9, 2013$9,211$94,040
Apr 9, 2012$8,250$94,040
Apr 9, 2011$7,789$94,040
Apr 9, 2010$7,606$95,570
Apr 9, 2009—$95,570
Apr 9, 2008—$88,770
Apr 9, 2007$6,670$87,200
Apr 9, 2006$6,559$84,900
Apr 9, 2005$6,421$82,780
Apr 9, 2004$6,169$80,210
Apr 9, 2003$5,762$75,780
Apr 9, 2002$5,354$65,620
Apr 9, 2001$4,997$61,400
Apr 9, 2000$4,611$57,160
Nearby homes
Neighborhood details
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Downtown
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61801618026180361874
Similar homes
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)
No obligation · Same-day response