For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Champaign 61880
502 County Road 900 E
$259,900
● House - Off Market

502 County Road 900 E

Tolono, IL 61880
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,161 Ft²
$1,468
Est. Monthly
16.31%
Cap Rate

About This Property

This spacious 5-bedroom, 2.5-bathroom home is perfectly situated on a large lot within the highly sought-after Unit 7 school district. Offering plenty of room for both living and storage, the property includes a 2-car attached garage and an additional 2-car detached garage, ideal for workshop space or extra storage. Recent updates include a new furnace and air conditioner in 2020, and a new water heater in 2019, ensuring comfort and efficiency. Whether you're relaxing indoors or enjoying the expansive outdoor space, this home offers both convenience and modern amenities.
Unit Size
2,161 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$120
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MRED MLS #12208758)

Price History

Date / Event Date Event Price
Mar 12, 2025 Sold
Premium
Sold
Feb 13, 2025 In contract -
In contract
Dec 14, 2024 Price Decreased $259,900
↓ $5K (1.9%)
Price Decreased
Nov 14, 2024 Listed by Taylor Realty Associates $265,000
Listed by Taylor Realty Associates

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000720
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010902

Geography

  • District: 18
  • Parcel: 18-32-03-300-001
  • Meridian: SEC 03 TWN 17N RNG 08E
  • Municipality: PESOTUM
  • Latitude: 39.9521
  • Longitude: -88.2934

    Address

  • Full Address: 502 County Road 900 E
  • Address - House Number: 502
  • Street Segment Direction: E
  • Address - Street Name: County Road 900
  • State: IL
  • City Name: Tolono
  • Carrier Code: R001
  • 4-Digit Zip Code: 9769
  • Zip Code: 61880

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $215,468
  • Tax Rate Code Area: 1801

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 188,591
  • High Value: 227,666
  • Low Value: 149,515

    Market Valuation

  • Market Total Value: $146,940
  • Market Land Value: $24,030
  • Market Improvement Value: $122,910

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,980
  • Assessed Land Value: $8,010
  • Assessed Improvements Value: $40,970

    Exemptions

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

Comparables

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

About Champaign

Stats & Trends

Median Asking:

$257,500

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1958 ft²

Average Home Age

46.1 years

Currently For Sale

427 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nick Taylor, Taylor Realty Associates
Last Updated: 2 years ago
Data Source: MRED, MLS# 12208758
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 502 County Rd 900 East built and last sold?
The property at 502 County Rd 900 East was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 502 County Rd 900 East is $262,499.
What are some comparable homes to 502 County Rd 900 East?
There are currently no comparable homes to 502 County Rd 900 East.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Pesotum Homes for Sale
Pesotum Houses for Sale
Pesotum Land for Sale
Pesotum Homes with Basements
Pesotum Homes with Pools
Pesotum Homes with Parking
Pesotum Homes with Garages
Pesotum Homes with a View
Nearby Cities
Tuscola Homes for Sale
Tolono Homes for Sale
Villa Grove Homes for Sale
Philo Homes for Sale
Camargo Homes for Sale
Sadorus Homes for Sale
Ivesdale Homes for Sale
Garrett Homes for Sale
Nearby Property Records
Douglas County, IL Property Records
Piatt County, IL Property Records
Champaign County, IL Property Records
Coles County, IL Property Records
Moultrie County, IL Property Records
Edgar County, IL Property Records
Vermilion County, IL Property Records
De Witt County, IL Property Records
Nearby Counties
Tuscola Homes for Sale
Tolono Homes for Sale
Camargo Homes for Sale
Philo Homes for Sale
Sadorus Homes for Sale
Garrett Homes for Sale
Colfax Homes for Sale
Crittenden Homes for Sale
Top Real Estate Agents
Top Agents in Pesotum
Top Agents in 61874
Top Agents in Tuscola
Top Agents in Tolono
Top Agents in Tuscola
Top Agents in Camargo
Top Agents in 61880
Top Agents in 61956