Date
Details
Price
Change
Source
10/24/2025
Listed
$390,250
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$390,250
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Property Description
Perfect Location near the U of I campus! Great investment property - current tenants in place thru July, 2027. Well maintained Colonial Revival style 4 BDRM home offers 2 full baths - one on each floor. Large Living Room with extended enclosed Porch. Hardwood flooring throughout. Kitchen comes with all appliances and features ceramic flooring. Beautiful staircase leads to 3 BDRMS on the 2nd level.
Full Property Details
Full Property Details for 704 W Illinois St
General
- Price: $390,250
- Taxes: $7,478 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12504057
- Updated: 10/31/2025
- Added to Site: 120 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
- Appliances: Range, Refrigerator, Washer, Dryer, Range Hood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: Shared Driveway, Off-Street, On Site
- Parking On-Site: Yes
Location
- Area: Urbana
- County: Champaign
- Township: Urbana
- Driving Directions: Lincoln to Illinois St. East to property.
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: Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Construction: Cedar
- Exterior Const.: Cedar
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 1,901
- Sq. Ft. Source: Estimated
- Year Built: 1893
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 94.75
Financial Considerations
- Assessment Year: 1893
- Tax Amount: $7,478
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 922117108011
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— 704 W Illinois St —
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NMLS#: 1598647
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Schools
Schools serving 704 W Illinois 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 | 0.6 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 704 W Illinois St
Tax History
Tax History for 704 W Illinois St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,478
6%
$72,500
10%
2023
$7,036
15%
$66,150
17%
2021
$6,128
-7%
$56,770
-7%
2022
$6,593
11%
$60,910
11%
2020
$5,929
3%
$55,120
—
2019
$5,760
13%
$55,120
-1%
2018
$5,115
-3%
$55,510
—
2017
$5,291
4%
$55,510
3%
2016
$5,090
-9%
$53,890
4%
2015
$5,595
15%
$52,060
—
2014
$4,883
-12%
$52,060
-2%
2013
$5,557
12%
$53,120
—
2012
$4,978
—
$53,120
—
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 704 W Illinois St
704 W Illinois Street, Urbana, IL 61801 (MLS# 12504057) is a Single Family property with 4 bedrooms and 2 full bathrooms. 704 W Illinois Street is currently listed for $390,250 and was received on October 24, 2025. Want to learn more about 704 W Illinois 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.