NOT LISTED FOR SALE

1402 W Springfield Ave Champaign, IL 61821

Estimated Value: $192,000 - $250,000

4 Beds
3 Baths
1,925 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2023

Last sale price $179,000 $93 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,562 / mo

3 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Central High School Rated A

About This Home

As of May 2023

Solid brick duplex in a central location close to everything! Convenient to campus, shopping and bus line. Units are 2 bedrooms, 1 bath, eat in kitchen and living room on the main level and finished living space in the basement. Unit 1 has a second kitchen, bedroom and bath in the basement. 2 car detached garage, corner lot. Many improvements including new roof in 2022, new HVAC units in both units about 9 years ago and one unit with newer water heater. Excellent long term investment or live in one side and rent the other! Sold As-is

Last Agent to Sell the Property

Mark Panno

KELLER WILLIAMS-TREC License #475164947 Listed on: 04/07/2023

KELLER WILLIAMS-TREC

Last Buyer's Agent

J Leman

eXp Realty-Champaign License #475184798

eXp Realty-Champaign

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1949

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75 x 140

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Centennial High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Insurance Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,324

Year Built

Built in 1949

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 19 MILES 1ST SUBDIVISION
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Champaign Elementary School
  • High School: Centennial High School
  • Middle/Junior School: Champaign Junior High School

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 75 X 140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Multi Family

  • Insurance Expense: 1300
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 4323.68
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2025
Sold by
Princeton Properties Llc
Bought by
Aceves Israel
Current Estimated Value
$217,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$168,363
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$48,755

Purchase Details

Closed on
Nov 22, 2024
Sold by
Anderson Timothy and Anderson Tim
Bought by
Princeton Properties Llc

Purchase Details

Closed on
Jul 16, 2024
Sold by
Azalea Properties Llc
Bought by
Anderson Tim and Anderson Ashleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jun 15, 2023
Sold by
Azalea Properties Llc
Bought by
Azalea Properties Llc
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
J Leman
eXp Realty-Champaign
List Price
$174,900
Sold Price
$179,000
Premium/Discount to List
$4,100
2.34%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$152,150
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 9, 2023
Sold by
Clark Clayton
Bought by
Azalea Properties Llc
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
J Leman
eXp Realty-Champaign
List Price
$174,900
Sold Price
$179,000
Premium/Discount to List
$4,100
2.34%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,150
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2004
Sold by
Saldeen John A and Saldeen Carol M
Bought by
Cribett Michael E and Cribett Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Aceves Israel $225,000 None Listed On Document
Princeton Properties Llc -- None Listed On Document
Princeton Properties Llc -- None Listed On Document
Anderson Tim $205,000 None Listed On Document
Azalea Properties Llc -- None Listed On Document
Azalea Properties Llc $179,000 None Listed On Document
Cribett Michael E $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aceves Israel $168,750
Previous Owner Anderson Tim $105,000
Previous Owner Azalea Properties Llc $152,150
Previous Owner Cribett Michael E $130,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2023 05/09/23 Sold $179,000 +2.3% $93 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $174,900 +23.2% $91 / Sq Ft
10/29/2014 10/29/14 Sold $142,000 0.0% $74 / Sq Ft View Prior Sale
09/21/2014 09/21/14 Pending -- -- --
09/21/2014 09/21/14 For Sale $142,000 -- $74 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,710 $57,350 $13,140 $44,210
2023 $4,710 $52,230 $11,970 $40,260
2022 $4,431 $48,180 $11,040 $37,140
2021 $4,324 $47,230 $10,820 $36,410
2020 $4,163 $45,410 $10,400 $35,010
2019 $4,030 $44,480 $10,190 $34,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11754065

Midwest Real Estate Data (MRED)

APN: 41-20-11-383-020

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