#12362117, Jodi O'Malley, Listing Office: Real Broker, LLC
716 W Iowa St Urbana, IL 61801
Property details
About 716 W Iowa St
Solid brick duplex in the heart of the State Streets! This well-designed, two-story duplex was originally constructed as a duplex-not a conversion-and offers incredible potential just steps from the University of Illinois. Each unit features spacious living areas with hardwood flooring throughout and a fireplace in both units, adding warmth and character. There's also an unfinished walk-up attic in each unit, perfect for extra storage or future expansion. The property includes a full basement, a 2-car garage, and boasts beautiful curb appeal with its classic brick exterior. Whether you're looking for a smart investment property or an ideal house hack opportunity-live in one unit and rent the other-this home checks all the boxes. Don't miss your chance to own a piece of one of Urbana's most desirable neighborhoods!
Highlights
(Pending)
Summary
- Basement: Yes
- Total Bedroom Count: 6
- Garage Space: 2 spaces
- Parking: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Architectural Style: Traditional
- Heating: Natural Gas
- Annual Tax Amount: $11,940
- Tax Year: 2023
- Directions: Going West on Florida Ave, go North onto S Lincoln Ave, then take a right onto W Iowa St and the duplex is on your left.
- Year Built: 1940
- MLS Number: 12340294
- MLS Name: MRED
- Office Name: KELLER WILLIAMS-TREC
- Office Phone: (217) 356-6100
- Listing Agent: Jennifer McClellan
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716 W Iowa St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 25, 1997 | Home Sold | $163,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $118,250 | $11,940 |
2022 | $108,880 | $11,135 |
2021 | $101,470 | $10,305 |
2020 | $98,520 | $9,952 |
2019 | $98,520 | $9,668 |
2018 | $99,210 | $9,629 |
2017 | $99,210 | $9,961 |
History based on county public records data.
Nearby schools
3
Leal Elementary School
Public District KG-5
0.4 mi
•312 W Oregon St
2
Dr. Martin Luther King Jr. Elementary School
Public District KG-5
1.1 mi
•1108 Fairview Ave
2
Yankee Ridge Elementary School
Public District KG-5
1.4 mi
•2102 S Anderson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $104,741. Most Urbana, IL residents have annual incomes between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is masters degree.
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Frequently asked questions
About 716 W Iowa St
The property 716 W Iowa St is a house located in Urbana, Illinois, 61801.
Sale Pending: 716 W Iowa St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 716 W Iowa St are: Leal Elementary School (GreatSchools Rating 3/10), Dr. Martin Luther King Jr. Elementary School (GreatSchools Rating 2/10), Yankee Ridge Elementary School (GreatSchools Rating 2/10), Urbana Middle School (GreatSchools Rating 2/10), Edison Middle School (GreatSchools Rating 4/10), Franklin Middle School (GreatSchools Rating 4/10), Urbana High School (GreatSchools Rating 3/10), University of Illinois High School (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $11,940 (source: MLS/based on county public records data).
The last sale was on July 25, 1997 for $163,000 (source: MLS/tax record).
The property at 716 W Iowa St has 6 bedrooms and 2 bathrooms.
The year of construction for 716 W Iowa St is 1940.
This home is located at 716 W Iowa St in Urbana, IL and zip code 61801. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025.
In April 2025, from all listings sold in Urbana, IL there were more than 12 sold above asking price, over 19 sold below and more than 5 were sold right at the asked price. Between March and April 2025, Urbana, IL real estate market has seen increase in the number of listings by 22.5%. In April 2025 median list price was $200,500 and the average listing age was 42 days.