See Home Value
Champaign 61820
406 W Springfield Avenue
$350,000
● House - Off Market

406 W Springfield Avenue

Champaign, IL 61820
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,729 Ft²
$2,210
Est. Monthly
8.99%
Cap Rate

About This Property

Step back in time with this stately all-brick residence. Built with enduring craftsmanship, this home offers a spacious layout with 4 bedrooms and 2.5 baths, providing ample room for comfortable living and entertaining. As you approach this Heritage Award Winning Home, the picturesque front porch welcomes you, offering a perfect spot to enjoy morning coffee or evening sunsets. Outside, a serene back patio invites gatherings with friends and family, perfect for summer barbecues or quiet evenings under the stars. Inside, the main floor features a traditional layout with hardwood floors under carpet, stunning pocket doors and elegantly restored crown moldings. The main staircase is adorned with a beautiful stained glass window that leads you to a loft area on the 2nd floor.  Surrounding the loft area are 4 large bedrooms with their own generously sized walk-in closet. The property includes an unfinished basement, offering endless possibilities for additional living space, storage, or a workshop. The 3rd floor is full of untapped potential.  It could be finished off for additional living space or remain as an additional storage area.  This home shines as a gem in the neighborhood, blending classic architecture with modern comforts. Don't miss the chance to own a piece of history and make it your own. Schedule your showing today and envision the possibilities awaiting you in this charming brick residence. New roof on home & garage October 2020, gutters/gutter guards in Spring 2021.
Unit Size
2,729 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$126
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1913

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12078018)

Price History

Date / Event Date Event Price
Oct 29, 2024 Sold
Sold
Sep 17, 2024 In contract -
In contract
Sep 7, 2024 Price Decreased $345,000
↓ $5K (1.4%)
Price Decreased
Jul 26, 2024 Listed by KELLER WILLIAMS-TREC $350,000
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,659
  • Total Building Area: 1,345
  • Building Area: 1,345
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUB
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT PT 5 SUB OF PT SE 1/4 SW 1/4 SEC. 12-19-8

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 011002

Geography

  • District: 04
  • Parcel: 42-20-12-383-021
  • Lot: 5
  • Meridian: SEC 12 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1128
  • Longitude: -88.2492

    Address

  • Full Address: 406 W Springfield Ave
  • Address - House Number: 406
  • Street Direction: W
  • Address - Street Name: Springfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Champaign
  • Carrier Code: C057
  • 4-Digit Zip Code: 4717
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $618,234
  • Tax Rate Code Area: 4202

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 295,879
  • High Value: 357,184
  • Low Value: 234,573

    Market Valuation

  • Market Total Value: $240,690
  • Market Land Value: $48,390
  • Market Improvement Value: $192,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,230
  • Assessed Land Value: $16,130
  • Assessed Improvements Value: $64,100

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Champaign


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 502 W John Street, Champaign, IL, 61820

$3,300 /mo

  • 4 Beds
  • 4 Baths
  • 1,994 ft²
502 W John Street, Champaign, IL, 61820 Listing by Erica Bales


Frequently Asked Questions

When was property at 406 West Springfield Avenue built and last sold?
The property at 406 West Springfield Avenue was built in 1913 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 406 West Springfield Avenue is $0.
What are some comparable homes to 406 West Springfield Avenue?
There are currently no comparable homes to 406 West Springfield Avenue.