705 W Michigan Avenue Urbana, IL ^$ 525,000

705 W Michigan Avenue

^$ 525,000

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705 W Michigan Avenue

Urbana, IL, 61801

^$ 525,000

Bedrooms4 Baths2.0 Sq 2,075

Monthly Estimate*

^$ 3,233

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Single Family Home for sale in Urbana, IL

for $525,000 with 4 bedrooms and 2 full baths. This 2,075 square foot home was built in 1919 on a lot size of 0.4.

Set on one of the most sought-after blocks in Urbana's historic "State Streets" neighborhood, this home combines timeless character with exceptional space. The oversized lot, spacious two-car garage with a walk-up attic, and screened-in back porch create a private outdoor retreat. Inside, you'll find beautiful original woodwork and exposed hardwood floors throughout the main level, along with fireplaces in the living room, dining room, and second-floor primary bedroom. The unfinished basement stands out for a home of this era, offering ample storage and potential workshop space, complemented by the convenient walk-up attic above.

Single Family Active

Price

^$ 525,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 15,362

Style

Lot Size

0.4

Year Built

1919

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12603033

Features

General

Living Area 2075

Sewer Public Sewer

Heating Natural Gas Steam

Cooling Central Air

Possession Closing

Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Range Hood

HOA Fee 0

Garage Spaces 2.5

Association Fee Includes None

Construction Materials Cedar

Year Built 1919

Township Cunningham

Tax Year 2024

Ownership Fee Simple

Community Features Curbs Sidewalks Street Lights

Assoc Fee Paid Per Not Applicable

County Champaign

New Construction N

Property Type Residential Detached Single

Energy Efficient Water Heater

Total Rooms 9

Full Baths 2

Status New

Directions From Florida N on Lincoln E on Michigan home is on south side of street.

High School Urbana High School

City Urbana

High School District 116

MLS Area Urbana

Elementary School Leal Elementary School

Tax Annual Amount 15362.86

Middle/Junior High School Urbana Middle School

Virtual Tour https://media.illini360.com/705-W-Michigan-Ave/idx

Standard Status Active

Middle/Junior School District 116

Elementary School District 116

Interior

Interior Amenities 1st Floor Full Bath

Basement Unfinished Full

Flooring Hardwood

Total Fireplaces 3

Fireplace Features Wood Burning

Half Baths 0

Total Bedrooms 4

Below Grade Finished Area 0

Room Type Bonus Room

Total Baths 2

Bedrooms Possible 4

Exterior

Parking Features Garage Door Opener Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2.5

Lot Dimensions 90X192.5

Lot Size Acres 0.4

Waterfront Y/N N

Other Equipment Fan-Attic Exhaust Sump Pump

* Excluded Features

List By

Re/Max Realty Associates-Cha

Broker

cbuchanan@champaign-homes.com; Craigbuchanan@remax.net

Affordability Calculator

$4,513

Per Month

Monthly Principal & Interest: $3,233
Monthly Property Taxes: $1,280
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Urbana, IL

Average List Price ^$360,885

Percent of Sale Price 31%

About Urbana, IL

41,987 Population

11% Since 2002

^$39,331 Median Income

26.41 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1881991 Elementary School

1881592 Middle School

Urbana High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2026	$525,000		Listed Price

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705 W Michigan Avenue, Urbana, IL, 61801 is a Single Family Home for sale at $525,000 with 2,075 sqft and a lot size of 0.4. 705 W Michigan Avenue has 4 bedrooms, 2.0 baths, and was built in 1919. The property's zip code is 61801 which is in Urbana, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/4/2026.

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705 W Michigan Avenue

Single Family Home for sale in Urbana, IL

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