Enter into timeless charm with modern convenience in this beautifully updated historic two-story home in Champaign. Featuring 4 spacious bedrooms and 2.5 stylishly updated bathrooms, this home blends classic character with thoughtful upgrades throughout. The main level showcases brand-new laminate flooring while the upper level boasts warm hardwoods. Enjoy cooking and entertaining in the refreshed kitchen with updated appliances, and unwind in the generous primary suite with a large walk-in closet. The partially finished basement offers ample storage, and the attached 2-car garage includes durable epoxy flooring, shelving, new openers, and fresh gutters. Major updates include a new furnace for the lower level (2023), electric panel (2024), radon system (2025), water heater (2023), light fixtures, garage door openers, and more. Located near parks, restaurants, and shops, this home is a perfect blend of location, history, and modern living.
Active
Price cut: $10K (7/31)
$240,000
501 N Prospect Ave, Champaign, IL 61820
4beds
2,226sqft
Est.:
Single Family Residence
Built in 1932
7,840.8 Square Feet Lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
Classic characterModern conveniencePartially finished basementThoughtful upgradesGenerous primary suiteFresh guttersAmple storage
- 17 days
- on Zillow |
- 1,560 |
- 94 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 08:28am
Listing courtesy of:
Lisa Rector 217-778-3635,
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 12420188

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Office
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Second
- Area: 256 Square Feet
- Dimensions: 16X16
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Second
- Area: 187 Square Feet
- Dimensions: 11X17
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Second
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 4
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11X13
Family room
- Level: Basement
- Area: 255 Square Feet
- Dimensions: 17X15
Kitchen
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9X8
Laundry
- Level: Basement
- Area: 286 Square Feet
- Dimensions: 11X26
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15X16
Office
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14X16
Heating
- Natural Gas, Electric
Cooling
- None
Features
- Basement: Partially Finished,Partial
Interior area
- Total structure area: 3,327
- Total interior livable area: 2,226 sqft
- Finished area below ground: 902
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 132 X 60
Details
- Parcel number: 412011285017
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Champaign
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $148,230
- Annual tax amount: $4,207
- Date on market: 7/23/2025
- Ownership: Fee Simple
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