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$240,000
19 Days On Site

501 N Prospect Avenue
Champaign, IL 61820

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,226
SqFt
$108
/SqFt
1932
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of KELLER WILLIAMS-TREC
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501 N Prospect Avenue501 N Prospect Avenue501 N Prospect Avenue501 N Prospect Avenue
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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.

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Listing Snapshot
Price 
$240,000
Days On Site 
19 Days
Bedrooms 
4
Inside Area (SqFt) 
2,226 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.18 Acres
Year Built 
1932
MLS® Number 
12420188
Status 
Active
Property Tax 
$4,207.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoPrice changed to $240,000
4 days agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Acres 
0.18
Garage 
Yes
Garage Spaces 
2
Parking 
On SiteAttachedGarage
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Below 
902
Water Source 
Public
Interior Features
Basement 
Partially FinishedPartial
Heating 
Natural GasElectric
Bedroom 2 
Dimensions - 11X17Level - Second
Bedroom 3 
Dimensions - 12X11Level - Second
Bedroom 4 
Dimensions - 12X11Level - Main
Dining Room 
Dimensions - 11X13Level - Main
Family Room 
Dimensions - 17X15Level - Basement
Kitchen 
Dimensions - 9X8Level - Main
Laundry 
Dimensions - 11X26Level - Basement
Living Room 
Dimensions - 15X16Level - Main
Master Bedroom 
Dimensions - 16X16Level - Second
Office 
Dimensions - 14X16Level - Main
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
MLS Area 
Champaign, Savoy
School District 
Centennial High School
Township 
Champaign
Schools
School District
Centennial High School
Elementary School
Unit 4 Of Choice
Middle School
Champaign/Middle Call Unit 4 351
High School
Centennial High School
Listing Courtesy of MRED as distributed by MLS Grid of KELLER WILLIAMS-TREC



Based on information submitted to the MLS GRID as of 2025-08-04 10:35 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-04 10:35 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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