Investor opportunity with built-in flexibility! This well-maintained 4-bedroom home offers immediate cash flow with a reliable long-term tenant who has occupied the property for the past nine years. Currently rented for $1,600 per month, the lease transitions to month-to-month in July, providing the flexibility to continue as an investment or make the home your own. The property has been well cared for and features numerous recent capital improvements, including a new furnace, water heater, and sewer line replacement completed within the past year-helping minimize near-term maintenance expenses. The tenant pays all utilities except sewer, which averages approximately $75 every two months. Whether you're expanding your investment portfolio or searching for a future owner-occupied home with rental income in place until you're ready to move, this property offers a rare combination of stable cash flow, major mechanical updates, and occupancy flexibility.
Active
Price cut: $10K (7/14)
$155,000
1912 Southwood Dr, Champaign, IL 61821
4beds
1,225sqft
Single Family Residence
Built in 1958
6,273 Square Feet Lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
New furnace
- 36 days |
- 575 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Timothy Leyhe 217-493-0545,
The Real Estate Firm LLC
Source: MRED as distributed by MLS GRID,MLS#: 12680278
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 231 Square Feet
- Dimensions: 21X11
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 4
- Features: Flooring (Carpet)
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: None
Interior area
- Total structure area: 1,225
- Total interior livable area: 1,225 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Yes, Owned
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 6,273 Square Feet
- Dimensions: 50.19 X 125 X 50.19 X 125
Details
- Parcel number: 452022228049
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
Condition
- New construction: No
- Year built: 1958
- Major remodel year: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Champaign
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $66,870
- Annual tax amount: $1,421
- Date on market: 6/17/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $155,000-6.1%$127/sqft |
Source:  MRED as distributed by MLS GRID #12680278 Report a problem | ||
| 7/2/2026 | Price change | $165,000-2.9%$135/sqft |
Source: MRED as distributed by MLS GRID #12680278 Report a problem | ||
| 6/17/2026 | Listed for sale | $170,000+41.7%$139/sqft |
Source: MRED as distributed by MLS GRID #12680278 Report a problem | ||
| 2/28/2023 | Sold | $120,000$98/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 1/25/2023 | Pending sale | $120,000$98/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 10/25/2022 | Price change | $120,000-2.8%$98/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 9/26/2022 | Price change | $123,500-4.9%$101/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 9/10/2022 | Price change | $129,900+4%$106/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 8/29/2022 | Price change | $124,900-3.8%$102/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 8/20/2022 | Price change | $129,900-3.7%$106/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 7/9/2022 | Price change | $134,900-0.1%$110/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 5/11/2022 | Pending sale | $135,000$110/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 5/9/2022 | Price change | $135,000-1.8%$110/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 4/30/2022 | Listed for sale | $137,500+25.3%$112/sqft |
Source: MRED as distributed by MLS GRID #11390112 Report a problem | ||
| 6/16/2016 | Listing removed | $109,750$90/sqft |
Source: Keller Williams - Champaign #2161450 Report a problem | ||
| 5/24/2016 | Price change | $109,750-4.5%$90/sqft |
Source: Keller Williams - Champaign #2161450 Report a problem | ||
| 4/30/2016 | Price change | $114,900-4.2%$94/sqft |
Source: Keller Williams - Champaign #2161450 Report a problem | ||
| 3/18/2016 | Listed for sale | $119,900$98/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,421 -22.4% | $22,290 +9.8% |
| 2023 | $1,831 +6.3% | $20,300 +8.4% |
| 2022 | $1,722 +2.5% | $18,730 +2% |
| 2021 | $1,681 +1.8% | $18,360 +2% |
| 2020 | $1,650 +5.6% | $18,000 +2.1% |
| 2019 | $1,562 | $17,630 +1.6% |
| 2018 | $1,562 -0.4% | $17,360 |
| 2017 | $1,569 +11.6% | $17,360 +2.1% |
| 2016 | $1,406 | $17,000 -42.7% |
| 2015 | $1,406 -43.7% | $29,690 |
| 2014 | $2,498 +0.9% | $29,690 |
| 2013 | $2,475 +1.9% | $29,690 -2% |
| 2012 | $2,428 +2.8% | $30,290 |
| 2011 | $2,362 +0.9% | $30,290 -3.7% |
| 2010 | $2,341 | $31,450 |
| 2009 | -- | $31,450 |
| 2008 | -- | $31,450 +2.9% |
| 2007 | $2,207 +1.7% | $30,560 +3.5% |
| 2006 | $2,169 +5% | $29,520 +7.9% |
| 2005 | $2,066 +7.3% | $27,370 +3.9% |
| 2004 | $1,926 +8.7% | $26,340 +8.6% |
| 2003 | $1,771 +6.4% | $24,250 +12.2% |
| 2002 | $1,664 +7.5% | $21,620 +6.9% |
| 2001 | $1,548 +6.5% | $20,220 +6.4% |
| 2000 | $1,454 | $19,010 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61821
Nearby schools
GreatSchools rating
- 6/10Robeson Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Centennial High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Champaign Elementary School
- High: Centennial High School
- District: 4
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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