Charming 7-Bedroom Renovated Home with Stable Corporate Rental Income. Located in a fantastic Champaign location, just minutes from the University of Illinois, local hospitals, and downtown, this beautifully renovated 7-bedroom, 2-bathroom home offers an incredible investment opportunity. Currently generating 3,500/month in long-term corporate rental income, this spacious home features extra-large bedrooms and ample gathering areas on both the main and second floors, ideal for both comfortable living and entertaining. Off-street parking, a large front porch with a wheelchair-accessible ramp, and a fully fenced yard that provides privacy and security. The tenant covers all utilities, with the sewer billed back at 50/month. The home is in excellent condition, with modern updates throughout, ensuring low-maintenance ownership and consistent rental income. Schedule a showing today and seize this fantastic opportunity!
Closed
$320,000
508 E Church St, Champaign, IL 61820
7beds
2,985sqft
Single Family Residence
Built in ----
-- sqft lot
$281,500 Zestimate®
$107/sqft
$2,404 Estimated rent
Home value
$281,500
$234,000 - $329,000
$2,404/mo
Zestimate® history
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List your homeWhat's special
Fully fenced yardExtra-large bedroomsPrivacy and securityLarge front porchAmple gathering areasOff-street parking
Zillow last checked:
Listing updated:
Listing courtesy of:
Daniel Gordon 217-493-5956,
RE/MAX REALTY ASSOCIATES-CHA,
Bobbi Gordon, ABR,GRI 217-493-5959,
RE/MAX REALTY ASSOCIATES-CHA
Bought with:
Daniel Gordon
RE/MAX REALTY ASSOCIATES-CHA
Source: MRED as distributed by MLS GRID,MLS#: 12276900
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 252 Square Feet
- Dimensions: 12X21
Bedroom 2
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18X13
Bedroom 3
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 4
- Level: Second
- Area: 160 Square Feet
- Dimensions: 10X16
Bedroom 5
- Level: Second
- Area: 130 Square Feet
- Dimensions: 13X10
Bedroom 6
- Level: Second
- Area: 169 Square Feet
- Dimensions: 13X13
Other
- Level: Second
- Area: 182 Square Feet
- Dimensions: 13X14
Family room
- Level: Second
- Area: 437 Square Feet
- Dimensions: 23X19
Kitchen
- Features: Kitchen (Island, Updated Kitchen)
- Level: Main
- Area: 210 Square Feet
- Dimensions: 14X15
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 405 Square Feet
- Dimensions: 27X15
Heating
- Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Features
- 1st Floor Bedroom, 1st Floor Full Bath
- Flooring: Hardwood
- Basement: Unfinished,Full
Interior area
- Total structure area: 4,500
- Total interior livable area: 2,985 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Gravel, Unassigned, Off Alley, Off Street, On Site
Accessibility
- Accessibility features: Ramp - Main Level, Disability Access
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Dimensions: 41.5 X 105.76 X 35.14 X 123.68
Details
- Additional structures: Shed(s)
- Parcel number: 462107332012
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Champaign
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $320,000-3%$107/sqft |
Source:  MRED as distributed by MLS GRID #12276900 Report a problem | ||
| 2/24/2025 | Contingent | $330,000$111/sqft |
Source: MRED as distributed by MLS GRID #12276900 Report a problem | ||
| 1/24/2025 | Listed for sale | $330,000$111/sqft |
Source: MRED as distributed by MLS GRID #12276900 Report a problem | ||
| 12/13/2024 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2024 | Listed for rent | $2,100-40%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/15/2024 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,070 +6.2% | $35,200 +9.8% |
| 2023 | $2,891 +6.3% | $32,060 +8.4% |
| 2022 | $2,720 | $29,580 |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Neighborhood: 61820
Nearby schools
GreatSchools rating
- 3/10Stratton Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Edison Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Central High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Central 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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$281,500
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$287,130
- Illinois
- Champaign County
- Champaign
- 61820
- 508 E Church St
Nearby cities
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Other Champaign Topics
