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Active
  • Price cut: $10K (7/31)
    $240,000

    501 N Prospect Ave, Champaign, IL 61820

    4beds
    2,226sqft
    : 
    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
    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.
    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#: 12420188MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 501 N Prospect Ave.

    Next available tour time:Tomorrow at 11am

    Open house

    • Sun, Aug 10

      2:00 PM - 4:00 PM

    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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