708 W High St

1,071 Sq. Ft.
$224 / Sq. Ft.
1,071
Sq. Ft.
$224
per Sq. Ft.

Description

Excellent investment opportunity just blocks from the University of Illinois campus. This well-maintained home is ideally situated on a charming historic brick street, offering both strong rental potential and the convenience of near-campus living. Currently leased for the 2026-2027 school year, the property delivers stable cash flow and immediate income from day one. A compelling option for investors searching for a reliable rental property near U of I in a highly desirable campus location.Excellent investment opportunity just blocks from the University of Illinois campus. This well-maintained home is ideally situated on a charming historic brick street, offering both strong rental potential and the convenience of near-campus living. Currently leased for the 2026-2027 school year, the property delivers stable cash flow and immediate income from day one. A compelling option for investors searching for a reliable rental property near U of I in a highly desirable campus location.
  1. Listed by Nicholas Ward • JOEL WARD HOMES, INC
    P: (217)-355-4999 C: (217)-840-0388 nick@joelwardhomes.com

Property Details for 708 West High Street

Area
Urbana
Township
Cunningham
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Air Conditioning Type
Wall Unit(s)
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 03/26/2026 04:46 PM

Property Details for 708 West High Street

StatusNew
MLS #12602904
Days on Market1
Taxes$6,908 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1 Story
Year Built1913
Lot Size0.16 AC / 7,139 SF
CountyChampaign County

Location

Listing Courtesy of JOEL WARD HOMES, INC
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Building Information for 708 West High Street

Stories-Year Built1913Building Size-Lot Size0.16 AC / 7,139 SF

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$1,740 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,165

Property Taxes

$576

HOA Dues

$0

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Property Information for 708 West High Street

General Information
School Information
  • Elementary School District: 116
  • Elementary School: Urbana Elementary School
  • Jr High Middle School: Urbana Middle School
  • High School District: 116
  • High School: Urbana High School
  • Middle Or Junior School District: 116
Location and General Information
  • Front Exposure: South
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Num Of Rooms: 5
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Basement Type: Partially Finished, Full
  • Bedrooms Possible: 3
  • Air Conditioning: Wall Unit(s)
  • Basement Sq Ft: 1071
  • Grid: 56
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 2.0
Exterior Features
  • Type: 1 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Type Detached: 1 Story
  • Total Sq Ft: 1071
  • Aprox Total Finished Sq Ft: 1607
  • Total Finished and Unfin Sq Ft: 2142
  • Lower Sq Ft: 0
  • Main Sq Ft: 1071
  • Upper Sq Ft: 0
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 59X121
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Wood Siding
  • Construction: Wood Siding
  • Roof Type: Asphalt
  • General Information: None
  • Below Grade Finished Area: 536.0
  • Living Area Source: Other
  • Unfinished Basement Sq Ft: 535
  • Unfinished Lower Sq Ft: 0
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 5
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 12X13
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 10X9
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 8X7
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: N/A
  • RoomType_DR: Dining Room
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 11X13
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 15X14

Property History for 708 West High Street

DateEvent & SourcePriceAppreciation
Mar 26, 2026

Listed (Active)

MRED #12602904

$240,000
May 17, 2023

Sold

MRED #11785368

$180,000
May 17, 2023

Pending

MRED #11785368

May 17, 2023

Listed (Active)

MRED #11785368

$180,000
Apr 27, 2023

Sold (Public Record)

Public Record #1516397348

$180,000

+0.5% / yr

Apr 27, 2023

Sold

MRED #11785368

$180,000
Feb 20, 2023

Pending

MRED #11785368

Feb 10, 2023

Listed (Active)

MRED #11785368

$180,000
Jul 1, 2009

Sold (Public Record)

Public Record #271917567

$167,500
DateEvent & SourcePrice
03/26/2026

Listed (Active)

MRED #12602904

$240,000
05/17/2023

Sold

MRED #11785368

$180,000
05/17/2023

Pending

MRED #11785368

05/17/2023

Listed (Active)

MRED #11785368

$180,000
04/27/2023

Sold (Public Record)

Public Record #1516397348

$180,000

+0.5% / yr

04/27/2023

Sold

MRED #11785368

$180,000
02/20/2023

Pending

MRED #11785368

02/10/2023

Listed (Active)

MRED #11785368

$180,000
07/01/2009

Sold (Public Record)

Public Record #271917567

$167,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 708 West High Street

Taxable ValueLand$23,930Additions$43,050Total$66,980
Tax Record2024$6,908 ($576 / month)
Home Facts
Beds0Total Finished SqFt1,071 SqFtAbove Grade Finished SqFt1,071 SqFtStories1Lot Size5,723 SqFtStyleSingle Family ResidenceYear Built1913CountyCHAMPAIGNAPN922117107012

Schools near 708 West High Street

This home is within Urbana School District 116.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Leal Elementary School
PublicK to 5

Urbana Middle School
Public6 to 8

Urbana High School
Public9 to 12

Urbana Gerber School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

708 West High Street is a single family home for sale in Urbana, IL 61801. This property was listed for sale on March 26, 2026 by JOEL WARD HOMES, INC, it's currently listed at $240,000. It has been on the market for a total of 1 days and was last sold on May 17, 2023. This listing's school district is Urbana School District 116. Nearby schools include Leal Elementary School, Urbana Middle School and Urbana High School. 708 West High Street is a 3-bed, 2-bath, 1,071 sqft single family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JOEL WARD HOMES, INC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/26/2026 04:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.