ActivePrice Reduced

$499,900

$525,000
705 Michigan Avenue, Urbana, IL 61801
4 Beds2 Baths2,075 sqft7 days
705 Michigan Avenue·Urbana, IL 61801
4Bedrooms
2Bathrooms
2,075Sq Ft
1919Year Built
About This Home

Set on one of the most sought-after blocks in Urbana's historic "State Streets" neighborhood, this home combines timeless character with exceptional space. The oversized lot, spacious two-car garage with a walk-up attic, and screened-in back porch create a private outdoor retreat. Inside, you'll find beautiful original woodwork and exposed hardwood floors throughout the main level, along with fireplaces in the living room, dining room, and second-floor primary bedroom. The unfinished basement stands out for a home of this era, offering ample storage and potential workshop space, complemented by the convenient walk-up attic above.

MLS# 12603033Listed April 2, 2026Residential
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms9

Size & Structure

Living Area2,075 sqft
Garage Spaces3
Fireplaces3
Year Built1919
Lot Size0.400 acres

Location

CountyChampaign
TownshipCunningham
Zip Code61801

Financial

List Price$499,900
Original Price$525,000
Price / Sq Ft$241
Annual Taxes (2024)$15,363
Monthly Tax Est.$1,280
Parcel #932117355003
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalRange Hood

Flooring

Hardwood

Heating

Natural GasSteam

Cooling

Central Air

Basement

UnfinishedFull

Fireplace

Wood Burning
Exterior & Lot

Construction

Cedar

Patio & Porch

DeckPorchScreened
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

CurbsSidewalksStreet Lights
Schools
Elementary
Leal Elementary School
District: 116
Middle School
Urbana Middle School
District: 116
High School
Urbana High School
District: 116
Tax & Financial
Annual Taxes
$15,363
Tax Year 2024
Monthly Tax Est.
$1,280
per month
Price per Sq Ft
$241
per square foot
Price Reduced by $25,100
Original list price: $525,000
Property Location

705 Michigan Avenue, Urbana, IL 61801 — Champaign County

$499,900
$241 / sqft
705 Michigan Avenue
4 bd2 ba2,075 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
3-car garage
3 fireplaces
0.400 acres
$15,363/yr taxes
$0 HOA (not applicable)
Price reduced $25,100
$3,907
estimated monthly payment
Principal & Interest
$2,627/mo
Property Tax
$1,280/mo
$499,900
20% — $99,980
3%50%
6.875%
3%12%
Loan Amount
$399,920
Down Payment
$99,980

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

Listed by
RE/MAX REALTY ASSOCIATES-CHA
Agent: Craig Buchanan
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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