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$385,000
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Property Description
Don't miss this rare opportunity to own this Historically Registered, all Limestone home located in Urbana's desirable State Streets neighborhood! Just minutes from the University of Illinois campus! Enjoy close proximity to campus while being tucked away on a bricked street. This home features a two-car garage and classic architectural details throughout, including arched doorways, built-in cabinetry, and two fireplaces. The main level offers a convenient half bath, an eat-in kitchen, and a formal dining room with built-in cabinets. Upstairs includes three bedrooms and two full bathrooms all on the same level, plus an additional half second-floor space featuring a cozy room with built-in bookshelves and surrounding windows. A built-on 180 square foot masonry screened-in porch provides additional indoor/outdoor space. The large basement offers excellent potential for future finishing with existing framing, high ceilings, and an additional fireplace. Bring your vision-this property offers strong value potential in a prime location!!
Full Property Details
Full Property Details for 1207 S Busey
General
- Price: $385,000
- Taxes: $13,878 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12546482
- Updated: 2/5/2026
- Added to Site: 37 day(s) ago
Rental Information
- Complex Features: Sidewalks
Interior
- Basement: Partially
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Oven
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Attached, Garage
Location
- Area: Urbana
- County: Champaign
- Township: Urbana
- Subdivision: Lincoln Place
- Driving Directions: North on Lincoln E unto Michgian
School Information
- School District: 116
- Elem School District: 116
- Midd School District: 116
- High School District: 116
- Elementary School: Leal Elementary School
- Middle School: Urbana Middle School
- High School: Urbana High School
- Private School: Urbana High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Limestone
- Exterior Const.: Limestone
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Square Feet: 2,343
- Sq. Ft. Source: Estimated
- Year Built: 1924
- Built Before 1978: Yes
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 60 x 135
Financial Considerations
- Assessment Year: 1924
- Tax Amount: $13,878
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 932117304010
Listed by Coldwell Banker R.E. Group
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Schools
Schools serving 1207 S Busey
School District:Urbana School District 116
| Name | Grades | Distance |
|---|---|---|
Leal Elementary School 312 West Oregon Street, Urbana, IL 61801 | K-5 | 0.5 mi |
Urbana Middle School 1201 South Vine Street, Urbana, IL 61801 | 6-8 | 0.6 mi |
Urbana High School 1002 South Race Street, Urbana, IL 61801 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1207 S Busey
Date
Details
Price
Change
Source
1/15/2026
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1207 S Busey
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,878
6%
$134,550
10%
2023
$13,058
13%
$122,760
9%
2022
$11,586
2%
$113,040
7%
2021
$11,372
3%
$105,350
3%
2020
$11,002
9%
$102,280
—
2019
$10,061
-5%
$102,280
-1%
2018
$10,641
-3%
$103,000
—
2017
$11,008
5%
$103,000
4%
2016
$10,527
2%
$99,040
4%
2015
$10,283
1%
$95,690
—
2014
$10,144
-1%
$95,690
-2%
2013
$10,215
12%
$97,640
—
2012
$9,149
—
$97,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1207 S Busey
1207 S Busey, Urbana, IL 61801 (MLS# 12546482) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 1207 S Busey is currently listed for $385,000 and was received on January 15, 2026. Want to learn more about 1207 S Busey? Do you have questions about finding other Single Family real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.
