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$220,000
4
beds
2
baths

514 N Calhoun Street
Tolono, Illinois 61880

Closed / MLS #12209493 / Multiple Unit (2-4) / Tolono
Listing information updated 10/15/2025 at 6:03am
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.
Exterior Type:
Vinyl Siding
Basement:
None
Beds Above Grade:
4
Heating System:
Electric
Pool:
No
Age:
71-80 Years
Parking Type:
Driveway,On Site,Owned
Parking Spaces:
4
Room Count:
11
Water Front:
No
Square Feet:
N/A
Lot Size:
.25-.49 Acre
Tax Amount:
$1,876
Tax Year:
2024
Zip Code:
61880
City:
Tolono
County:
Champaign
School District(s):
7
Elementary School:
Unity West Elementary School
Middle School:
Unity Junior High School
High School:
Unity High School

Listing Office: Coldwell Banker R.E. Group

Listing Office Phone: 217.351.1988

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/15/2025 at 6:03am. 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. Some listings have been excluded from this website.

$237,155
Average Sale Price
31
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 514 N Calhoun Street, Tolono, IL 61880
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514 N Calhoun Street, Tolono, IL 61880 is a multiple unit (2-4) which sold for $220,000. 514 N Calhoun Street features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since September 7th, 2025 and was built in 1950. Nearby schools include Unity West Elementary School, Unity Junior High School, and Unity High School.

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