SOLD JAN 9, 2026

Off market jan 2026 for $282K

—

Est. refi paymentEst. refi $775/mo

•

5 ba

•

—

sq ft

617 W Springfield Ave, Champaign, IL 61820

About this home

Expand your rental portfolio with 617 W Springfield, a 5-unit building located just minutes from downtown Champaign. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the remaining three units have long-term tenants (with the potential for rent increases.) Significant updates include full exterior repainting, back porch upgrades, a new water heater, a new furnace, and landscaping improvements, all of which enhance both curb appeal and longevity. The property features a coin-operated laundry in the basement. Tenants have individually metered electricity, while water, sewer, and natural gas are included in a monthly utility charge that is part of the rent. A solid investment opportunity in a prime location!

Multi-familyProperty Type

1903Year Built

7,840 sq ftLot Size

Listed by Joe Zalabak • KELLER WILLIAMS-TREC

Bought with Dakota Ruff • KELLER WILLIAMS-TREC

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12485512

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 61820, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.2%

1.4% MoM

Median sale price

$217K

$9K MoM

Avg. days on market

39d

2 days MoM

Recently sold homes

10 MoM

New listings for sale

$309,000
3 beds2 baths1,699 sq ft
508 Haines Blvd, Champaign, IL 61820
$67,000
3 beds2.5 baths1,400 sq ft
412 Louisiana Ave, Champaign, IL 61820
$159,900
3 beds1.5 baths1,300 sq ft
28 Colony West Dr, Champaign, IL 61820
$159,900
3 beds1 bath875 sq ft
802 Sherwood Ter, Champaign, IL 61820
$299,900
4 beds2 baths2,146 sq ft
311 W White St, Champaign, IL 61820
$359,900
4 beds3 baths1,698 sq ft
804 W White St, Champaign, IL 61820
FOR SALE BY OWNER
$349,900
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See all

Provided by Redfin

Sale history for 617 W Springfield Ave

Date

Event

Price

MRED as Distributed by MLS Grid #12485512

Jan 9, 2026

Sold (MLS) (Closed)

$282,500

Dec 4, 2025

Contingent (Contingent - Continue to Show)

—

Oct 5, 2025

Listed (Active)

$299,900

MRED as Distributed by MLS Grid #12149514

Mar 15, 2025

Listing Removed

—

APPFOLIO #1

Nov 12, 2023

Rental Removed

$600

Oct 21, 2023

Listed for Rent

$600

Public Records

Aug 31, 2022

Sold

$115,000

Public Records

Jul 25, 2003

Sold

$125,000

MRED as Distributed by MLS Grid #09425700

Aug 24, 2001

Sold (MLS)

$95,000

Aug 1, 2001

Listing Removed

—

Jun 26, 2001

Listed

$99,900

Year

Property tax

Land + Additions

Assessment*

2025

$6,810 (+71.2%)

$18,020 + $63,020

$81,040

2024

$3,978 (+6.2%)

$18,020 + $63,020

$81,040

2023

$3,747 (+6.3%)

$16,060 + $29,560

$45,620

2022

$3,525 (−35.3%)

$14,630 + $26,920

$41,550

2021

$5,447 (+3.8%)

$13,500 + $24,830

$38,330

2020

$5,245 (+3.3%)

$13,240 + $46,260

$59,500

2019

$5,077 (+2.3%)

$12,470 + $43,570

$56,040

2018

$4,963 (+3.6%)

$12,270 + $42,880

$55,150

2017

$4,792 (+11.5%)

$11,800 + $41,230

$53,030

2016

$4,296 (−0.8%)

$11,560 + $40,380

$51,940

2015

$4,329 (+1.8%)

$11,360 + $39,670

$51,030

2013

$4,254

$11,360 + $39,670

$51,030

Tax history for 617 W Springfield Ave

Year

Property tax

Land + Additions

Assessment*

2025

$6,810 (+71.2%)

$18,020 + $63,020

$81,040

2024

$3,978 (+6.2%)

$18,020 + $63,020

$81,040

2023

$3,747 (+6.3%)

$16,060 + $29,560

$45,620

2022

$3,525 (−35.3%)

$14,630 + $26,920

$41,550

2021

$5,447 (+3.8%)

$13,500 + $24,830

$38,330

2020

$5,245 (+3.3%)

$13,240 + $46,260

$59,500

2019

$5,077 (+2.3%)

$12,470 + $43,570

$56,040

2018

$4,963 (+3.6%)

$12,270 + $42,880

$55,150

2017

$4,792 (+11.5%)

$11,800 + $41,230

$53,030

2016

$4,296 (−0.8%)

$11,560 + $40,380

$51,940

2015

$4,329 (+1.8%)

$11,360 + $39,670

$51,030

2013

$4,254

$11,360 + $39,670

$51,030

*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

7,971 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

1903

Style

Other

County

Champaign County

APN

432013126003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 28, 2026.

IT-MR1

In-Town Mixed Residential-1 District

The purpose of the IT-MR1, In-Town Mixed Residential-1 District is to provide for a range of housing types from single-family to smaller-scaled multifamily residential in the In-Town neighborhoods close to Downtown. The district also provides for compatible land uses typically found in a residential neighborhood and promotes the preservation of houses. The conversion of existing structures for office use is permitted in this district. The pattern of development is one of a traditional neighborhood with smaller lot sizes and where new structures are sized and designed appropriately to transition from lower-density, single-family development to larger-scaled multifamily development.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Public service
Educational/school
Park & open space

Property details

Interior

Additional Rooms Information
Basement: Unfinished

Equipment
# Of Ranges: 5
# Of Washers: 1
# Of Dryers: 1
Washer/Dryer Lsd (Y/N): No

Exterior

Building Information
# of Units: 5
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Multi Family 5+
Parcel Number: 432013126003

Lot Information
Dimensions: 60X132
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $3,978.30
Tax Year: 2024

Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 5.48
Total Monthly Income: $4,563
Gross Income: $54,756

Utilities

Utility Information
Electric: Circuit Breakers, Separate Meters

Heating & Cooling
Heat/Ventilation: Central Bldg Heat,Forced Air
Cooling: Window Unit(s)

Location

Unit Type 1 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $818
Monthly Income Max: $818

Unit Type 2 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $811
Monthly Income Max: $811

Unit Type 3 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $747
Monthly Income Max: $747

Unit Type 4 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $837
Monthly Income Max: $837

Unit Type 5 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $750
Monthly Income Max: $750

Location Information
Township: Champaign
Directions: SPRINGFIELD AVE. BETWEEN NEIL AND PROSPECT

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7,971 square feet
Style: Other
Year Built: 1903
Year Renovated: —
County: Champaign County
APN: 432013126003

Home facts updated by county records on Oct 28, 2026

Other

Expense Information
Water Sewer Expense: $1,450
Water Expense Source: Actual
Electric Expense: $1,200
Trash Expense: $2,045
Insurance Expense: $1,200

Listing Information
Possession: Tenant's Rights
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: The Mark Waldhoff Team

Around this home

Schools

South Side Elementary School

Public K-5 • Assigned • 0.3mi

6/10

Edison Middle School

Public 6-8 • Assigned • 0.3mi

5/10

Central High School

Public 9-12 • Assigned • 0.3mi

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 • 61820

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Champaign. 3 minutes to get started.

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FOR SALE BY OWNER

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Private suite • Expansive sun porch • Multiple patio areas

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Home values near 617 W Springfield Ave

Data from public records.

Address	Redfin Estimate
612 West Springfield Ave, Champaign, IL 5 Beds \| 3 Baths \| 2580 Sq. Ft.	$315,826
703 West Springfield Ave, Champaign, IL 4 Beds \| 2 Baths \| 2092 Sq. Ft.	$287,878

Address	Redfin Estimate
618 West Springfield Ave, Champaign, IL 4 Beds \| 4 Baths \| - Sq. Ft.	—
619 West Springfield Ave, Champaign, IL 5 Beds \| 4 Baths \| - Sq. Ft.	$299,378

Address	Redfin Estimate
702 West Springfield Ave, Champaign, IL - Beds \| - Baths \| - Sq. Ft.	$272,975
701 West Springfield Ave, Champaign, IL 4 Beds \| 2.5 Baths \| 2650 Sq. Ft.	$312,709

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 61820, IL

Sale history for 617 W Springfield Ave

Tax history for 617 W Springfield Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 61820

Home values near 617 W Springfield Ave

More real estate resources