Tenants already in place and eager to remain-this is a fantastic investment opportunity on Hedge Rd! This well-maintained, tenant-occupied property is truly turn-key, offering immediate and steady rental income. Long-term tenants are currently under lease through July 2026 and have expressed interest in staying beyond, providing excellent stability and peace of mind. Whether you're a seasoned investor or just starting your portfolio, this property offers strong long-term growth potential and reliable cash flow.
Closed
$118,000
1521 Hedge Rd, Champaign, IL 61820
3beds
972sqft
Single Family Residence
Built in 1959
6,900 Square Feet Lot
$118,200 Zestimate®
$121/sqft
$1,308 Estimated rent
Home value
$118,200
$112,000 - $124,000
$1,308/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 11, 2026 at 09:05am
Listing courtesy of:
Carol Meinhart, ABR,GRI,SFR (217)840-3328,
The Real Estate Group,Inc
Bought with:
Natalie Nielsen
Pathway Realty, PLLC
Source: MRED as distributed by MLS GRID,MLS#: 12539191
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13X10
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10X9
Kitchen
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17X11
Living room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Heating
- Natural Gas, Electric
Cooling
- Central Air
Features
- Basement: None
Interior area
- Total structure area: 972
- Total interior livable area: 972 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1.5
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 1.5
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 6,900 sqft
- Dimensions: 69 X 100
Details
- Parcel number: 412002337006
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Champaign
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Sold | $118,000-1.7%$121/sqft |
Source:  MRED as distributed by MLS GRID #12539191 Report a problem | ||
| 1/9/2026 | Contingent | $120,000$123/sqft |
Source: MRED as distributed by MLS GRID #12539191 Report a problem | ||
| 1/2/2026 | Listed for sale | $120,000+140%$123/sqft |
Source: MRED as distributed by MLS GRID #12539191 Report a problem | ||
| 9/27/2019 | Listing removed | $850$1/sqft |
Source: Green Street Realty Report a problem | ||
| 8/30/2019 | Sold | $50,000-9.1%$51/sqft |
Source: MRED as distributed by MLS GRID #10474668 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,401 -22.7% | $22,060 +9.8% |
| 2023 | $1,812 +6.3% | $20,090 +8.4% |
| 2022 | $1,704 +2.5% | $18,530 +2% |
Find assessor info on the county website
Neighborhood: 61820
Nearby schools
GreatSchools rating
- 3/10Dr Howard Elementary SchoolGrades: K-5Distance: 1.1 mi
- 3/10Franklin Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Centennial High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- High: Central High School
- District: 4
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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