Fully furnished and turnkey, this updated 3-bedroom, 2-bath home is ideally located in Urbana's desirable State Streets neighborhood. The property has been extensively renovated, featuring all new flooring, a fully updated kitchen with new cabinets, countertops, and appliances, and two recently remodeled bathrooms. Additional highlights include a fenced backyard and a convenient off-street parking space located just west of the home. Currently operating as a successful short-term rental, the property has a proven income history. Whether you're seeking a primary residence, investment property, or a combination of both, this home offers flexibility for owner-occupancy, long-term leasing, or continued short-term rental use.
Closed
$255,000
306 W Illinois St, Urbana, IL 61801
3beds
926sqft
Single Family Residence
Built in 1893
2,613 Square Feet Lot
$255,900 Zestimate®
$275/sqft
$1,606 Estimated rent
Home value
$255,900
$243,000 - $269,000
$1,606/mo
Zestimate® history
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List your homeWhat's special
Fenced backyardExtensively renovatedConvenient off-street parking spaceFully updated kitchenTwo recently remodeled bathroomsAll new flooringNew cabinets
Zillow last checked:
Listing updated:
Listed by:
PJ Trautman, GRI 217-714-1234,
Trautman Real Estate Agency & Appraisal LLC
Bought with:
Phillip Curry
Trautman Real Estate Agency & Appraisal LLC
Source: MRED as distributed by MLS GRID,MLS#: 12608862
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Enclosed Porch, Other Room
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Enclosed porch
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6X8
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Vinyl)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Living room
- Features: Flooring (Vinyl)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Other
- Features: Flooring (Carpet)
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13X13
Heating
- Natural Gas, Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- 1st Floor Bedroom
- Basement: Finished,Partial
Interior area
- Total structure area: 1,852
- Total interior livable area: 926 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
- Patio & porch: Porch, Screened
Lot
- Size: 2,613 Square Feet
- Dimensions: 62X42.25
Details
- Parcel number: 922117138012
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Asbestos
Condition
- New construction: No
- Year built: 1893
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s)
- Subdivision: Assessor's
HOA
- Services included: None
Location
- Region: Urbana
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $154,020
- Annual tax amount: $5,295
- Date on market: 4/20/2026
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Sold | $255,000+2%$275/sqft |
Source:  MRED as distributed by MLS GRID #12608862 Report a problem | ||
| 5/20/2026 | Listing removed | $250,000$270/sqft |
Source: MRED as distributed by MLS GRID #12608862 Report a problem | ||
| 4/22/2026 | Contingent | $250,000$270/sqft |
Source: MRED as distributed by MLS GRID #12608862 Report a problem | ||
| 4/20/2026 | Listed for sale | $250,000+22.2%$270/sqft |
Source: MRED as distributed by MLS GRID #12608862 Report a problem | ||
| 6/14/2022 | Sold | $204,500+10.5%$221/sqft |
Source: Public Record Report a problem | ||
| 6/25/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11052874 Report a problem | ||
| 4/14/2021 | Listed for sale | $185,000+88.8%$200/sqft |
Source: MRED as distributed by MLS GRID #11052874 Report a problem | ||
| 3/14/2019 | Sold | $98,000-9.2%$106/sqft |
Source: MRED as distributed by MLS GRID #09899000 Report a problem | ||
| 1/25/2019 | Pending sale | $107,900$117/sqft |
Source: RE/MAX Choice #09899000 Report a problem | ||
| 7/25/2018 | Price change | $107,900-1.8%$117/sqft |
Source: RE/MAX Choice #09899000 Report a problem | ||
| 5/15/2018 | Price change | $109,900-8.3%$119/sqft |
Source: RE/MAX Choice #09899000 Report a problem | ||
| 3/29/2018 | Listed for sale | $119,900+33.2%$129/sqft |
Source: RE/MAX Choice #09899000 Report a problem | ||
| 10/12/2016 | Sold | $90,000+13.9%$97/sqft |
Source: Public Record Report a problem | ||
| 5/30/2014 | Sold | $79,000-16.8%$85/sqft |
Source: Agent Provided Report a problem | ||
| 1/28/2014 | Price change | $95,000-5%$103/sqft |
Source: RE/MAX REALTY ASSOCIATES #2136910 Report a problem | ||
| 11/22/2013 | Listed for sale | $100,000$108/sqft |
Source: RE/MAX Realty Associates #2136910 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,295 +6.3% | $51,340 +9.6% |
| 2023 | $4,982 +6.7% | $46,840 +8.6% |
| 2022 | $4,668 +7.6% | $43,130 +7.3% |
| 2021 | $4,340 +3.4% | $40,200 +3% |
| 2020 | $4,198 +3.4% | $39,030 |
| 2019 | $4,061 | $39,030 -0.7% |
| 2018 | $4,061 -3.3% | $39,310 |
| 2017 | $4,201 +3.6% | $39,310 +3% |
| 2016 | $4,057 | $38,170 |
| 2015 | $4,057 +3.8% | $38,170 +3.5% |
| 2014 | $3,910 -0.7% | $36,880 -2% |
| 2013 | $3,937 +11.6% | $37,630 |
| 2012 | $3,526 +5.9% | $37,630 |
| 2011 | $3,329 +2.5% | $37,630 -1.6% |
| 2010 | $3,247 | $38,240 |
| 2009 | -- | $38,240 +6.2% |
| 2008 | -- | $36,000 +1.8% |
| 2007 | $2,732 +1.2% | $35,360 +7.5% |
| 2006 | $2,700 +30% | $32,890 +30.7% |
| 2005 | $2,077 +10.5% | $25,160 +3.2% |
| 2004 | $1,879 +11.3% | $24,380 +12.9% |
| 2003 | $1,688 +7.8% | $21,600 +18.9% |
| 2002 | $1,566 +2.5% | $18,170 +2.6% |
| 2001 | $1,529 +6.5% | $17,710 +6% |
| 2000 | $1,435 | $16,700 |
Find assessor info on the county website
Neighborhood: 61801
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Nearby schools
GreatSchools rating
- 5/10Leal Elementary SchoolGrades: K-5Distance: 0.1 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Urbana High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Urbana Elementary School
- Middle: Urbana Middle School
- High: Urbana High School
- District: 116
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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- Illinois
- Champaign County
- Urbana
- 61801
- 306 W Illinois St
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