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$220,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
See This Home
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See This Home
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Totally updated duplex with Over $16k in upgrades since purchased too! Each side has a kitchen with new appliances, new flooring, freshly painted throughout, new bathrooms, new electric heaters, and a/c units. New sewer line to street 2023, new water lines 2023, flat roof on shed part new in 2024, and one side hot water heater in 2016. Roof approx 11 years old. Low maintenance rental. 514 is rented at $900 and is the smaller of the 2 units. 516 is at $950 a month. It is the larger of the 2 with larger bedrooms and a laundry room on back. Storage shed can be used by both units. Why is seller selling? To focus on another business opportunity. Currently it cash flows fine with approx $7k year for current seller. Owner is licensed Realtor. Leased thru July 2026 with smaller side wanting to stay.

Full Property Details for 514 N Calhoun St

General

  • Sold For: $220,000
  • Taxes: $1,876 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12209493
  • Added to Site: 130 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: School Bus Service

Parking

  • Total Spaces: 4
  • Parking Features: Driveway, On Site, Owned
  • Parking On-Site: Yes

Location

  • Area: Southern Champaign County / Douglas County
  • County: Champaign
  • Driving Directions: Rt 45 South to Tolono, East on Walnut, North on Calhoun.

School Information

  • School District: 7
  • Midd School District: 7
  • Elementary School: Unity West Elementary School
  • Middle School: Unity Junior High School
  • High School: Unity High School
  • Private School: Unity High School

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Year Built: 1950
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 100 x 120

Financial Considerations

  • Assessment Year: 1950
  • Tax Amount: $1,876.61
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 292626282001

Listed by Coldwell Banker R.E. Group
Sold by Re/Max Realty Associates-Cha

Listing agent

— 514 N Calhoun St —

  • Coldwell Banker R.E. Group

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 514 N Calhoun St

School District:Tolono Community Unit School District 7
NameGradesDistance
Unity West
1035 County Road 600 North, Tolono, IL 61880
K-51.8 mi
Unity Jr High School, Tolono, IL
1121 County Road 800 North, Tolono, IL 61880
6-80.3 mi
Unity High School, Tolono, IL
1127 County Road 800 North, Tolono, IL 61880
9-120.4 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 514 N Calhoun St

Date
Details
Price
Change
Source
10/03/2025
Sold
$220,000
3.33%
MLS
9/07/2025
Listed
$212,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coldwell Banker R.E. Group
Sold by Re/Max Realty Associates-Cha

514 N Calhoun Street, Tolono, IL 61880 (MLS# 12209493) is a Multi-Family property that was sold at $220,000 on October 03, 2025. Want to learn more about 514 N Calhoun Street? Do you have questions about finding other Multi-Family real estate for sale in Tolono? You can browse all Tolono real estate or contact a Coldwell Banker agent to request more information.