Home For Sale In Champaign, Illinois

house for sale

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Listed: 03/19/24

502 W John St, Champaign, Illinois, 61820

4 Bed:

2 Bath:

1,947 Sq Ft Living Area:

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Price

$ 149,900

Price: Lower

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About This House

Calling all investors !! Opportunity is knocking and we have the keys! This property has been completely gutted and ready for the new owners to transform the house into a beautiful home featuring almost two thousand square feet of living space sitting on a full basement. This was a rental property and believed to originally have been a duplex. The owner had installed a new architecturally shingled roof, vinyl siding and high efficiency HVAC during ownership. This home is in a very desirable location on the bus route, near parks and close proximity to the University of Illinois, library, downtown Champaign and more. Due to property being non-habitable, this will need to be a cash purchase or commercial loan for consideration. Property to be sold in AS-IS Condition.

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Houses for sale in Champaign

Original listing

Champaign Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$408,648 (-4.9%)
Apr 2024	$429,740 (0%)
Mar 2024	$429,740 (0%)
Feb 2024	$429,740 (0%)
Jan 2024	$429,740 (+72.9%)
Dec 2023	$248,500 (-39.8%)

In May 2024, the asking price for 4 bed houses for sale in/near Champaign, United States averaged $408,648, a decrease of 4.9% from the previous month.

Median price trends for properties for sale in Champaign, United States as of May 2024.

Household Income

Median household income: $44,638

Number of households: 33,834

The average household income in Champaign, IL declined from $45,198 to $44,638 in the past year. This data is an estimate based upon 33,834 households in Champaign, IL.
The chart below presents how household income is distributed in Champaign, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Champaign, IL compared to median property taxes around the country. The prevalent amount of property taxes in Champaign, IL equals $3k+ , which is more than the national average.

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