$539,000
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501 W Michigan Avenue, Urbana, IL 61801

4 Beds
3 Baths
2,156 Sq Ft

What an absolute stunner located on the brick lined State Streets of Urbana. The home is located amongst some of the most coveted Real Estate Urbana has to offer. Just 1 block away from Carle Park, and approximately 3 blocks from Lincoln Ave and the University of Illinois. A few 100 thousand dollars were placed into the total rehab of this masterpiece. Not a detail was missed, and not a corner was cut. The home features 6 large bedrooms, 3 fully renovated bathrooms, redesigned custom kitchen, and stunning office with wall to wall windows. New concrete Hardie board siding was installed on the exterior with a new matching detached garage. New Pella windows were installed with built-in blinds throughout the entire home. New gourmet kitchen is highlighted with custom cabinetry, high-end soapstone countertops and backsplash, stainless steel farmhouse sink, and double ovens. Not many homes in this area can truly say they have been 100% updated, but this home can back it up. Updates include: Electrical, plumbing, high efficiency tankless water heater, roof, gutters, bathrooms, kitchen, floors, driveway, lighting, insulation, HVAC, garage, windows, siding, all have been completed. Complete list on file. The basement has been retrofitted with egress windows and doors, including 2 bedrooms, a laundry room with double washer and dryer, and a flex room. I can go on and on, this area is historic and lined with some of the most beautiful homes you will see in our city. Lamp post lined sidewalks along with the brick lined streets and amazing landscape make for some of the best scenery to admire when going to all the local conveniences. The State Streets area is attached right next to the East side of the University, and conveniently located just a few blocks South of Carle Hospital. If you want to live in a timeless piece of Real Estate but don't have the time to deal with contractors then this is your home. The amount of money that has been invested into the rehab of this home is your equity and now here for your enjoyment.

  • MLS# 11008805
  • Date Listed03/03/2021
  • Bedrooms 4
  • Bathrooms 3 Full baths
  • Lot Size 0.38 acres (16,553 sq. ft)
  • Sewer Public Sewer
  • Subdivision Hubbard Terrace
  • Property Type Single Family
  • County Champaign
  • Year Built 1913
  • Water Public
  • Square Feet 2,156 sq. ft
  • Price Per Sq. Ft $250

Interior Features

  • Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Flooring Hardwood
  • Cooling Central Air
  • Heating Natural Gas, Forced Air

Exterior / Lot Features

  • Exterior Fire Pit
  • Roof Asphalt
  • Lot Size Acres 0.38
  • Lot Size SQFT 16,552.80
  • Lot Features -

Financial Considerations

  • Tax Amount $11,171
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IL / 61801

Source: Walkscore

33/100

Car-Dependent

Walk Score ®

55/100

Good Transit

Transit Score ®

63/100

Bikable

Bike Score ®

Overview

Most errands require a car. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

51 nearby routes: 51 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 28/100, Transit Score: 23/100, Bike Score: 49/100.

Property Change History

Property Heating updated
Gas HeatNatural Gas, Forced Air
Agent added 62 new photos to the listing
163 photos

Points of Interest near 501 W MICHIGAN Avenue, Urbana, IL 61801

Frequently Asked Questions for 501 W MICHIGAN Avenue

Source: Realty.com

501 W MICHIGAN Avenue, Urbana, IL 61801 is a Single Family 2,156 sq. ft. home listed for sale. Realty.com has 63 photos available of this 4 bed, 3 bath house, listed at $539,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 63 photos of 501 W MICHIGAN Avenue.

Our records indicate that 501 W MICHIGAN Avenue was built in 1913.

The full address for this home is 501 W MICHIGAN Avenue, Urbana, IL 61801.

501 W MICHIGAN Avenue has been listed on Realty.com since Wed March 03, 2021

Most errands require a car. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 28/100, Transit Score: 23/100, Bike Score: 49/100.

There are 3 schools assigned to this home. Check out the schools near 501 W MICHIGAN Avenue. Urbana Early Childhood School (Grades: PK - PK), Urbana Middle School (Grades: 6 - 8), Urbana High School (Grades: 9 - 12)

Listing provided courtesy of: Exp Realty,llc-maho (tel: 217-239-7113)
Listing agent: Nate Evans (tel: 217-239-7113) (#952431)

This content last refreshed on 2025-11-09 15:45:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 501 W MICHIGAN Avenue, Urbana, IL 61801 : MLS# 11008805