Tenants already in place and eager to remain-this is a fantastic investment opportunity on Hedge Rd! This well-maintained, tenant-occupied property is truly turn-key, offering immediate and steady rental income. Long-term tenants are currently under lease through July 2026 and have expressed interest in staying beyond, providing excellent stability and peace of mind. Whether you're a seasoned investor or just starting your portfolio, this property offers strong long-term growth potential and reliable cash flow.
Single-familyProperty Type
1959Year Built
6,900 sq ftLot Size
$145Est. Price/Sq.Ft.
1 car garageParking
Listed by Carol Meinhart• The Real Estate Group,Inc
Bank Owned - currently rented at $850, tenant wants to stay - selling as/is.
Public Records
Oct 9, 2007
Sold
$22,000
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,576 (+12.5%)
$5,180 + $19,570
$24,750
2024
$1,401 (−22.7%)
$5,180 + $19,570
$24,750
2023
$1,812 (+6.3%)
$4,620 + $17,440
$22,060
2022
$1,704 (+2.5%)
$4,210 + $15,880
$20,090
2021
$1,662 (−0.2%)
$3,880 + $14,650
$18,530
2020
$1,665 (+3.4%)
$3,800 + $14,360
$18,160
2019
$1,611 (+2.3%)
$3,720 + $14,060
$17,780
2018
$1,575 (+44.3%)
$3,660 + $13,840
$17,500
2017
$1,092 (+12.7%)
$3,780 + $14,300
$18,080
2016
$969 (−34.3%)
$3,700 + $14,010
$17,710
2015
$1,475 (+1.8%)
$3,630 + $13,760
$17,390
2013
$1,449
$3,630 + $13,760
$17,390
Tax history for 1521 Hedge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,576 (+12.5%)
$5,180 + $19,570
$24,750
2024
$1,401 (−22.7%)
$5,180 + $19,570
$24,750
2023
$1,812 (+6.3%)
$4,620 + $17,440
$22,060
2022
$1,704 (+2.5%)
$4,210 + $15,880
$20,090
2021
$1,662 (−0.2%)
$3,880 + $14,650
$18,530
2020
$1,665 (+3.4%)
$3,800 + $14,360
$18,160
2019
$1,611 (+2.3%)
$3,720 + $14,060
$17,780
2018
$1,575 (+44.3%)
$3,660 + $13,840
$17,500
2017
$1,092 (+12.7%)
$3,780 + $14,300
$18,080
2016
$969 (−34.3%)
$3,700 + $14,010
$17,710
2015
$1,475 (+1.8%)
$3,630 + $13,760
$17,390
2013
$1,449
$3,630 + $13,760
$17,390
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
6,993 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
1959
Style
Single Family Residential
County
Champaign County
APN
412002337006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
SF1
Single-Family District
The primary purpose for the SF1 District is to provide for detached single-family dwellings with related uses for recreational, religious, or cultural activities. Some accessory uses are also allowed. This district should be protected from encroachment of uses that create significant negative impacts upon the residential area.
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Senior
Golf related
Cemetery
Park & open space
Apr 14, 2008 • Final
Sanitary sewer
Repair the sanitary sewer service.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Garage Spaces: 1.5
# of Parking (Total): 1.5
Parking Features: Garage Owned, Detached, Garage
Interior
Bathroom Information
# of Baths (Full): 1
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3
Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 11 x 11
Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 10 x 9
Room Information
Room Type: Bedroom 4
Room Information
Room Type: Dining Room
Room Information
Room Type: Family Room
Room Information
Room Type: Kitchen
Level: Main
Dimensions: 17 x 11
Room Information
Room Type: Laundry
Room Information
Room Type: Living Room
Level: Main
Dimensions: 13 x 12
Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 13 x 10
Bath: None
Interior Features
# of Rooms: 5
Exterior
Building Information
Living Area Source: Estimated
Age: 61-70 Years
Built Before 1978 (Y/N): Yes
Construction Materials: Other
Aprox. Total Finished Sq Ft: 972
Property Information
Property Type: Detached Single
Property Type: 1 Story
Lower Sq Ft: 0
Main Sq Ft: 972
Ownership: Fee Simple
Property Currently Being Leased: Yes
Rebuilt (Y/N): No
Rehab (Y/N): No
Total Finished/Unfinshed Sq Ft: 972
Total Sq Ft: 972
Unfinished Basement Sq Ft: 0
Unfinished Lower Sq Ft: 0
Upper Sq Ft: 0
Parcel Number: 412002337006
Lot Information
Dimensions: 69 X 100
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $1,401
Tax Year: 2024
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Electric
Cooling: Central Air
Location
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 4
Elementary School: Unit 4 Of Choice
Middle Or Junior School District: 4
Middle Or Junior School: Champaign/Middle Call Unit 4 351
High School District: 4
High School: Central High School
Location Information
Township: City of Champa
Corporate Limits: Champaign
Directions: Mattis Ave to Hedge Rd.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 6,993 square feet
Style: Single Family Residential
Year Built: 1959
Year Renovated: —
County: Champaign County
APN: 412002337006
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Teams Information
Buyer Team Name: Pathway Realty
Around this home
Schools
Places
Transit
Dr Howard Elementary School
Public K-5 • Assigned • 1.1mi
3/10
Franklin Middle School
Public 6-8 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Champaign, IL • 61821
Average low and high temperatures (°F)
31
16
41
24
59
37
67
47
73
54
83
65
87
71
84
65
82
59
72
49
53
38
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.7 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$135,000 – $163,000
Sell confidently with a local market expert in Champaign. 3 minutes to get started.