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$395,000
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Property Description
Welcome to 702 W Iowa St-an inviting 2-story home with basement offering charm, flexibility, and a long list of improvements in a convenient Urbana location. Inside you'll find formal living and dining spaces, hardwood floors, beautiful natural light, and a cozy wood-burning stove. The home features 4 bedrooms, 2.5 bathrooms, plus bonus rooms ideal for home offices, study spaces, or hobbies. The spacious primary suite includes an attached bonus room, a walk-in closet/nursery area, and a private bath with whirlpool tub and walk-in shower. The eat-in kitchen offers excellent storage and a center island with cooktop, with easy access to the back deck and landscaped yard-perfect for relaxing or entertaining. Recent improvements include a new fence, new gutters with gutter guards, double-pane windows on the first floor, added attic insulation, updated lighting, refreshed kitchen paint, newer appliances, fiber internet extended to the home, and a serviced fireplace confirmed safe to use. Several finishing projects were just wrapped up, adding even more value and functionality. Conveniently located near schools, downtown Urbana, and the University of Illinois-schedule your showing today!
Full Property Details
Full Property Details for 702 W Iowa St
General
- Price: $395,000
- Taxes: $11,716 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12529561
- Updated: 2/9/2026
- Added to Site: 18 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Urbana
- County: Champaign
- Township: Urbana
- Driving Directions: Start in downtown Urbana and head west on Main Street toward Vine Street. Turn left onto Lincoln Avenue and continue south. Then, turn right onto West Iowa Street and continue until you reach 702 West Iowa Street on your left.
School Information
- School District: 116
- Elem School District: 116
- Midd School District: 116
- High School District: 116
- Elementary School: Urbana 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
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Square Feet: 2,364
- Sq. Ft. Source: Estimated
- Year Built: 1919
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 56 x 135
Financial Considerations
- Assessment Year: 1919
- Tax Amount: $11,716
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 932117305025
Listed by eXp Realty-Mahomet
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Schools
Schools serving 702 W Iowa St
School District:Urbana School District 116
| Name | Grades | Distance |
|---|---|---|
Leal Elementary School 312 West Oregon Street, Urbana, IL 61801 | K-5 | 0.3 mi |
Urbana Middle School 1201 South Vine Street, Urbana, IL 61801 | 6-8 | 0.5 mi |
Urbana High School 1002 South Race Street, Urbana, IL 61801 | 9-12 | 0.4 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 702 W Iowa St
Date
Details
Price
Change
Source
2/03/2026
Listed
$395,000
36.21%
MLS
1/31/2023
Sold
$290,000
—
Public Record
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 702 W Iowa St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,716
6%
$113,590
10%
2023
$11,024
23%
$103,640
17%
2021
$8,952
-8%
$88,930
-7%
2022
$9,680
12%
$95,430
11%
2020
$8,642
3%
$86,340
—
2019
$8,396
—
$86,340
-1%
2018
$8,363
-3%
$86,950
—
2017
$8,652
5%
$86,950
4%
2016
$8,249
3%
$83,610
4%
2015
$8,036
1%
$80,780
—
2014
$7,928
-1%
$80,780
-2%
2013
$7,996
12%
$82,430
—
2012
$7,162
—
$82,430
—
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 702 W Iowa St
702 W Iowa Street, Urbana, IL 61801 (MLS# 12529561) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 702 W Iowa Street is currently listed for $395,000 and was received on February 03, 2026. Want to learn more about 702 W Iowa Street? 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.
