503 West Washington Street, Champaign, IL 61820
Washington Street, Champaign City
Nearby Active Listings
Welcome to 503 West Washington Street, a building located in Washington Street, Champaign City in Champaign, IL.
As a quick overview, these are the most up-to-date information we've collected about the property.
Finally, 503 West Washington Street was most recently sold on Sep 28, 2006 for $346,500.
The market value for the land that the building sits on has been listed at $40,230.
In addition, improvements upon the building have an added value of $232,020.
In total, the total market value of the property as a whole is $272,250.
According to local assessors, the total value of the building is currently valued at $90,750.
Specifically, the value of the land that the property sits on has been assessed at $13,410.
The building was last assessed in 2022.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Building Condition
unknown
Construction Type
unknown
Building Style
Multifamily
Exterior Walls Type
unknown
Interior Walls Type
unknown
Business/Commerical Units Count
8
Building
Property Class
Commercial
Subdivision
HULINGS ADD OF TOWN LOTS
Standard Land Use Code
Commercial (general)
County Land Use Code
unknown
Legal Description 1
LOT 2 BLOCK 3 HULINGS ADD OF TOWN LOTS
Ownership
Current Owner
THORSTENSON TODD
Current Owner's Name
THORSTENSON MANAGEMENT LLC
Previous Owner
SOKOLSKI JON D
Owner Address - City
CHAMPAIGN
Owner Address - ZIP Code
61820
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Champaign Community Unit School District 4
School Tax School District
101
Census - County FIPS
17019
Census - Full FIPS
170190110012000
Census - Metro Micro Statistical Area - Area Code
16580
Census - Metro Micro Statistical Area - Area Name
Champaign-Urbana, IL
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1712385
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709420
School District - Unified - Name
Champaign Community Unit School District 4
Geography
Meridian
SEC 12 TWN 19N RNG 08E
Municipality
CITY OF CHAMPAIGN
Mailing Carrier Code
C056
Mailing Street Direction
E
Mailing Full Street Address
41 E UNIVERSITY AVE
Mailing Street
UNIVERSITY
Mailing 4-Digit Zip Code
4029
Valuation
Timestamp
2024-02-29 21:06:24
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 503 West Washington Street is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Washington Street area have a median price of $585.
Those in the 25th percentile, have a price around $585.
While those in the 75th percentile, have a price around $585.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There is currently a single advertised one bedroom listing.
- There are currently no two bedroom listings being advertised in the area.
- There are currently no three bedroom listings being advertised in the area.
- There are currently no four bedroom listings being advertised in the area.
About The Area
503 West Washington Street is located in 61820.
There are 36,455 people living here.
There are 13,511 households.
Most of these households have an average family size of 2.9 people.
According to the census, 76% are currently renting while 24% own their homes.
The median age of this population is around 22.2 years old.
On average, most folks in the zipcode are unmarried.
About 23% of folks speak a language other than English in this area.
The area's employment rate is currently around 51.3%.
Speaking of employment, the median income is $24,045.
Most folks will commute by car for around 13.8 minutes.
Finally, we know that 18% of residents in the area have graduated with their high school degree.
Additionally, 23% and 27% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Champaign County, Illinois has a population of 206,420 people.
Based on census records, there are 80,442 registered households.
Families in this area are on average made up of 3.03 people per household.
Most folks are unmarried.
They are also typically around 29.5 years old.
Does diversity matter to you? Right now, 16% of folks speak a language other than English here.
About 45% rent while 55% purchased their homes.
Right now, the community is made up of 22% of residents who have graduated with at least a high school degree.
On top of that, 23% have a Bachelor's degree and 21% have a Master's degree.
The employment rate is currently around 60.4%.
Those employed, have a median income of $48,899.
If you move here, you can expect to commute mostly by car for around 18.0 minutes.
Finally, let's take a look at the stats related to Champaign, IL Urban Area.
The urban area is home to 149,468 people.
A total of 58,810 households are registered here.
With average family sizes being listed at 2.99 people.
About 18% of residents have graduated with a high school degree.
Of the rest, 25% have their Bachelor's and 26% have their Master's degree.
Folks speaking a language other than English, make up about 20% of the population.
Speaking of your commute, 58.8% of people in this area are employed.
The recorded median income is currently at $43,732 per year.
The median population age has been listed at 27.2 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 52% of the population while homeowners are at about 48% of the population.
PUBLIC TRANSIT
Church and Elm
(630 ft - 3 min walk)
Champaign Urbana Mass Transit District
Church and Lynn
(750 ft - 3 min walk)
Champaign Urbana Mass Transit District
Vine and Elm
(800 ft - 3 min walk)
Champaign Urbana Mass Transit District
Church and Prairie
(850 ft - 4 min walk)
Champaign Urbana Mass Transit District
State and Washington
(1020 ft - 4 min walk)
Champaign Urbana Mass Transit District
Nearby Schools
(within attendance boundary)
2501 Southmoor Dr, Champaign, IL 61821
Public
•
Elementary
•
Grades KG to 5
Champaign Community Unit School District 4
1115 Crescent Dr, Champaign, IL 61821
Public
•
Middle School
•
Grades 6 to 8
Champaign Community Unit School District 4
610 W University Ave, Champaign, IL 61820
Public
•
High School
•
Grades 9 to 12
Champaign Community Unit School District 4
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.