AbodeABODE

506 W William Street

Champaign, IL 61820

506 W William Street, Champaign, IL 61820 — exterior front view
506 W William Street, Champaign, IL 61820 — exterior view
506 W William Street, Champaign, IL 61820 — exterior view

506 W William Street

Champaign, IL

$225,000

ContingentMLS #MRD12650535

506 W William Street

Champaign, IL 61820

$225,000

List Price

3

Bedrooms

2

Bathrooms

About This Property

Located in an established Champaign neighborhood near downtown and the University of Illinois, 506 W William St. is a duplex investment opportunity offering strong rental potential and future upside. The property features a main-level two-bedroom, one-bath unit and an upper-level studio apartment with approximately 1,282 square feet of living space, a full basement, covered porches, central air conditioning, and a detached one-car garage with additional off-street parking. Current rents are belo...

Property Details

Key Facts

Overview
Property TypeResidential Income
Bedrooms3
Bathrooms2
Days on Market24
Building
StyleOther
Year Built1923
Lot Size68x56
CountyChampaign
HeatingNatural Gas
BasementUnfinished, Full
Garage Spaces1
ExteriorVinyl Siding
Garage Spaces1
Parking Spaces3
WaterPublic
SewerPublic Sewer
Lot Dimensions68x56
Legal DescriptionLot pt 29 Harris Place
MLS #MRD12650535
Days on Market24
List DateJune 12, 2026
StatusUnder Contract
Annual Taxes$4,279
Listing Courtesy OfTrautman Real Estate Agency & Appraisal LLC

Listed for sale

MLS #MRD12650535

$225,000

Jun 12, 2026

Mortgage Estimate

$1,494

/month
Principal & Interest
$1,138
Property Taxes
$357
20% · $45,000
6.5%

Location

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506 W William Street, Champaign, IL 61820

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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