5

Tolono, IL Homes for Sale

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  • /21

    $249,999

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    408 E Marshall St, Tolono, IL 61880

    Large 4 car man cave garage that comes with Updated 3-bedroom, 2 full bath, 1-story ranch home offering 1,248 square feet of comfortable living space! This home features a brand-new roof, fresh interior paint, a new stove, and a new thermostat for added efficiency and convenience. The functional layout provides easy one-level living with well-sized bedrooms and a practical flow throughout. Recent

    Agent Photo

    Carol Meinhart

    The Real Estate Group,Inc

    (217) 583-1986

    408 E Marshall St, Tolono, IL 61880
  • /22

    $279,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft

    403 E Larmon St, Tolono, IL 61880

    New construction home in Tolono featuring 3 bedrooms 2 full bathrooms and 2 car garage! Great floor plan with open concept kitchen, dining room and living room. Off of the garage is laundry/mud room. Dark grey siding with black roof and low maintenance CHI garage door and Andersen windows on the outside. Inside the home will be white cabinetry, modern trim and doors, and vinyl plank flooring. Off

    Mark Panno KELLER WILLIAMS-TREC

    403 E Larmon St, Tolono, IL 61880
  • /35

    $337,500

    • 5 Beds
    • 2 Baths
    • 2,400 Sq Ft

    203 S Whitehead St, Tolono, IL 61880

    All new flooring! Make your new memories in front of a nice stone fireplace with room to roam. Need a home office or 2? Hot tub in an enclosed porch? Big yard? Here it is! First time on the market in over 30 years! Super well built custom home, plumbing and electric updated. Kitchen refreshed! Save money with the zoned heating and AC! Notice the big room sizes! Traditional floor plan featuring a

    Michelle Whitmore Kale Realty

    203 S Whitehead St, Tolono, IL 61880
  • /15

    $279,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft

    405 E Larmon St, Tolono, IL 61880

    New construction home in Tolono featuring 3 bedrooms 2 full bathrooms and 2 car garage! Well designed plan with open concept kitchen, dining room and living room. Off of the garage is laundry/mud room. The exterior features blue siding with dark grey roof and high quality CHI garage door and Andersen windows. Inside the home will feature hickory wood cabinets stained in a dark Kona stain and

    Mark Panno KELLER WILLIAMS-TREC

    405 E Larmon St, Tolono, IL 61880
  • /9

    $771,535

    • Land
    • 36.74 Acres
    • $21,000 per Acre

    Not assigned County Road 600 N, Tolono, IL 61880

    Premier 36.74-Acre Development Parcel | Zoned R-1 & Multi-Family | Unit 7 Schools A rare offering: 36.74 acres of prime, future development land positioned directly next to the early phase of the SunnyFields subdivision-an original 1970s project whose expansion was paused due to the developer's passing. (Original Plans available upon request.) This parcel has been used strictly as farmland for

    Renee Pride Renee Pride, Inc.

    Not assigned County Road 600 N, Tolono, IL 61880

Why Live in Tolono

Tolono, Illinois, is a small community located about 9 miles south of Champaign, offering a rural setting with easy access to city amenities. With a population of approximately 3,500, Tolono has a rich railroad history, including a notable whistlestop speech by Abraham Lincoln in 1861. The village features a mix of historic Victorian and American Foursquare homes, as well as ranch-style, split-level, and contemporary houses built from the 1950s to the early 2000s. Downtown Tolono, centered around Main and Holden streets, includes small shops, the Tolono Public Library District, and dining options like TraXside Pub & Sports Lounge and Monical's Pizza. For more extensive shopping, residents often visit nearby Savoy, just 5 miles north. Tolono's parks, such as West Side Park and East Side Park, provide recreational spaces with playgrounds, tennis courts, and fields for various sports. The community hosts events like Tolono Fun Days! in late June, featuring carnival rides, parades, and unique activities like the Betty Hardin Memorial Cow Drop. The village is accessible via U.S. Route 45 and Interstate 57, with the University of Illinois - Willard Airport located 5 miles north, offering flights to major hubs like Chicago O'Hare and Dallas Fort Worth.

Frequently Asked Questions

What is the average home price in Tolono, IL?
Homes for sale in Tolono, IL have an average home price of $255,134.
Are home prices dropping in Tolono?
Yes, home prices in Tolono are down 3% in the last 12 months.
How many homes have sold over the last 12 months in Tolono, IL?
32 homes have sold in Tolono, IL over the last 12 months.
What are the most popular zip codes in Tolono, IL?
The most popular zip codes in Tolono, IL include 61880, 61874, 61822, 61821 and 61820.
How much do you need to make to afford a house in Tolono?
The median home price in Tolono is $240,000. If you put a 20% down payment of $48,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $1,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Tolono. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Tolono, IL?
Tolono, IL has highly rated public and private schools. Some of the best schools in Tolono based on Niche Grades are Unity Junior High School, Unity West Elementary School and Unity East Elementary School. Browse all the schools in Tolono, IL to learn more.

Home Trends in Tolono, IL

Housing Trends

Median Sale Price
$221,000
Median Single Family Sale Price
$247,000
Median Townhouse Sale Price
$199,900
Median 2 Bedroom Sale Price
$175,000
Average Price Per Sq Ft
$160
Number of Homes for Sale
5
Last 12 months Home Sales
32
Months of Supply
1.90
Median List Price
$240,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-14%
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