Closed

$212,900

514 Calhoun Street, Tolono, IL 61880
4 Beds2 Baths3 days
514 Calhoun Street·Tolono, IL 61880
4Bedrooms
2Bathrooms
1950Year Built
About This Home

Totally updated duplex with Over $16k in upgrades since purchased too! Each side has a kitchen with new appliances, new flooring, freshly painted throughout, new bathrooms, new electric heaters, and a/c units. New sewer line to street 2023, new water lines 2023, flat roof on shed part new in 2024, and one side hot water heater in 2016. Roof approx 11 years old. Low maintenance rental. 514 is rented at $900 and is the smaller of the 2 units. 516 is at $950 a month. It is the larger of the 2 with larger bedrooms and a laundry room on back. Storage shed can be used by both units. Why is seller selling? To focus on another business opportunity. Currently it cash flows fine with approx $7k year for current seller. Owner is licensed Realtor. Leased thru July 2026 with smaller side wanting to stay.

MLS# 12209493Listed September 7, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms11

Size & Structure

Year Built1950
Lot Size100 X 120

Location

CountyChampaign
TownshipTolono
Zip Code61880

Financial

List Price$212,900
Annual Taxes (2024)$1,877
Monthly Tax Est.$156
Parcel #292626282001
Interior Features

Heating

Electric

Basement

None
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

DrivewayOn SiteOwned
Schools
Elementary
Unity West Elementary School
District: 7
Middle School
Unity Junior High School
District: 7
High School
Unity High School
District: 7
Tax & Financial
Annual Taxes
$1,877
Tax Year 2024
Monthly Tax Est.
$156
per month
Property Location

514 Calhoun Street, Tolono, IL 61880 — Champaign County

$212,900
514 Calhoun Street
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
100 X 120
$1,877/yr taxes
$1,275
estimated monthly payment
Principal & Interest
$1,119/mo
Property Tax
$156/mo
$212,900
20% — $42,580
3%50%
6.875%
3%12%
Loan Amount
$170,320
Down Payment
$42,580

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker R.E. Group
Agent: Stefanie Pratt
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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