$255,000

beds

baths

926

square ft

306 W Illinois Street

Urbana, Illinois 61801

Closed / MLS #12608862 / Single Family / Urbana

Listing information updated 5/29/2026 at 7:04am

Fully furnished and turnkey, this updated 3-bedroom, 2-bath home is ideally located in Urbana's desirable State Streets neighborhood. The property has been extensively renovated, featuring all new flooring, a fully updated kitchen with new cabinets, countertops, and appliances, and two recently remodeled bathrooms. Additional highlights include a fenced backyard and a convenient off-street parking space located just west of the home. Currently operating as a successful short-term rental, the property has a proven income history. Whether you're seeking a primary residence, investment property, or a combination of both, this home offers flexibility for owner-occupancy, long-term leasing, or continued short-term rental use.

Full Features

Architecture Style:

Bungalow

Exterior Type:

Asbestos

Basement:

Finished,Partial

Beds Above Grade:

Cooling System:

Wall Unit(s)

Heating System:

Natural Gas, Forced Air

Appliances:

Dryer, Range, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Pool:

Age:

100+ Years

Parking Type:

Gravel,Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

926

Lot Size:

Less Than .25 Acre

Acreage:

0.06

Internal Features:

1st Floor Bedroom

External Features:

Patio/Porch

Room Information

Living Room:

13x12 - Main

Dining Room:

N/A

Kitchen:

10x11 - Main

Family Room:

N/A

Primary Bedroom:

11x10 - Main Level

2nd Bedroom:

9x11 - Main

3rd Bedroom:

12x13 - Main

4th Bedroom:

N/A

Enclosed Porch:

6x8 - Main Level

Other Room:

13x13 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$5,295

Tax Year:

2024

Location

Zip Code:

61801

City:

Urbana

County:

Champaign

Schools

School District(s):

116

Elementary School:

Urbana Elementary School

Middle School:

Urbana Middle School

High School:

Urbana High School

Architecture Style:

Bungalow

Exterior Type:

Asbestos

Basement:

Finished,Partial

Beds Above Grade:

Cooling System:

Wall Unit(s)

Heating System:

Natural Gas, Forced Air

Appliances:

Dryer, Range, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Pool:

Age:

100+ Years

Parking Type:

Gravel,Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

926

Lot Size:

Less Than .25 Acre

Acreage:

0.06

Internal Features:

1st Floor Bedroom

External Features:

Patio/Porch

Living Room:

13x12 - Main

Dining Room:

N/A

Kitchen:

10x11 - Main

Family Room:

N/A

Primary Bedroom:

11x10 - Main Level

2nd Bedroom:

9x11 - Main

3rd Bedroom:

12x13 - Main

4th Bedroom:

N/A

Enclosed Porch:

6x8 - Main Level

Other Room:

13x13 - Main Level

Laundry:

N/A Level

Tax Amount:

$5,295

Tax Year:

2024

Zip Code:

61801

City:

Urbana

County:

Champaign

School District(s):

116

Elementary School:

Urbana Elementary School

Middle School:

Urbana Middle School

High School:

Urbana High School

Listing Office: Trautman Real Estate Agency & Appraisal LLC

Listing Office Phone: 217.888.8585

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 5/29/2026 at 7:04am. 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.