2605 Trafalgar Sq · Champaign, IL 61821

$229,900

5 bd · 2.0 ba · 1,937 sqft · SingleFamily · 31 Days on market

Built 1970 6,712 sqft lot $119/sqft · at area comps Est $234k · at est.

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.3/30.0
• ARV discount +8.3/15.0
• Rent growth +4.8/5.0
• Livability +4.2/5.0
• 1% rule +4.0/10.0
• DSCR +3.3/10.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

You'll love this centrally located five bedroom, two bath bi-level home sitting just minutes from shopping, restaurants, parks and entertainment in Champaign! Upstairs hosts a spacious living room, open dining area, and large kitchen featuring beautiful wood cabinets and a farmhouse sink. Down the hall you'll discover three ample sized bedrooms and the first full bath. The lower level offers a huge family room, two additional bedrooms and the second full bath. Soak up the warm sunshine from your wood deck or find plenty of space to play in the fenced backyard! Make this one yours today!

Key facts

• Wood deck
• Bi-level home
• Large kitchen

Tags

• BI-LEVEL HOME
• LARGE KITCHEN
• FARMHOUSE SINK
• FENCED BACKYARD
• WOOD DECK

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Two levels / 2-story; Vinyl siding
• Construction: Shingle roof; Slab foundation
• Exterior features: Concrete road access

Interior

• Kitchen: Dishwasher; Microwave; Oven; Refrigerator; Gas water heater
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Natural gas heating
• Interior features: Deck (patio/porch feature); Total of 9 rooms

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $-83 ($-998/yr) — negative.
• To cash-flow at today's rent, offer at most $215k (6.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (9.9% below list).
• Recommended offer: $207k (9.9% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.8% in Champaign — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#44 in IL, #902 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Champaign CUSD 4 (urban): math 24% / reading 26% proficiency, ranked #333 of 620 in IL (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: International Prep Academy (math 12% / reading 8%, grade F, #1,517 of 2,056 statewide, top 78%, 568 students, 0% FRL); Jefferson Middle School (math 9% / reading 18%, grade F, #535 of 665 statewide, top 81%, 738 students, 0% FRL); Centennial High School (math 26% / reading 27%, grade F, #241 of 693 statewide, top 35%, 1,444 students, 0% FRL) — zoned schools average 0% FRL vs 52% district-wide (52 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+9.3%/yr); 92 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 573 units permitted in Champaign County in 2024 (359 in 5+ unit buildings).
• This rent runs 35% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Champaign County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $207,184 (9.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.90% ✗
• Cap rate: 5.86%
• Cash-on-cash: -1.55%
• DSCR: 0.93
• GRM: 9.2

CMA / ARV

• ARV (median comp): $234,079
• List price: $229,900
• Delta: -1.79%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2506 Brett Dr	0.33mi	4/2.5 (-1)	2,051 (+6%)	1mo	$335,000	$163	67
3120 Moraine Dr	0.39mi	4/2.5 (-1)	2,045 (+6%)	1mo	$295,000	$144	65
1850 Maynard Dr	0.63mi	4/3.0 (-1)	1,936 (-0%)	1mo	$620,000	$320	61
3310 Roxford Dr	0.53mi	4/2.0 (-1)	1,959 (+1%)	10mo	$293,000	$150	60
2812 Alton Dr	0.41mi	4/2.0 (-1)	1,767 (-9%)	2mo	$245,000	$139	60
807 Oakcrest Dr	0.69mi	4/1.5 (-1)	1,906 (-2%)	3mo	$225,000	$118	56
1801 Crescent Dr	0.42mi	4/2.0 (-1)	2,146 (+11%)	5mo	$235,000	$110	53
1407 Kenwood Rd	0.29mi	4/3.0 (-1)	1,700 (-12%)	5mo	$190,000	$112	53
1813 Winchester Dr	0.45mi	4/2.0 (-1)	1,650 (-15%)	2mo	$244,900	$148	48
2503 Maplewood Dr	0.50mi	4/2.0 (-1)	1,708 (-12%)	10mo	$223,500	$131	44
2501 Sheridan Dr	0.56mi	4/2.0 (-1)	2,212 (+14%)	5mo	$235,000	$106	41
3504 Royal Oak Ct	0.70mi	5/3.0	2,185 (+13%)	10mo	$323,000	$148	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.51×
• Total profit: $-31,489
• Equity at exit: $34,279

10-year hold

• IRR: 2.8%
• Equity multiple: 1.25×
• Total profit: $16,049
• Equity at exit: $19,878

Cash invested: $64,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 61821

• Home prices YoY: -26.1%
• Rents YoY: 9.3%
• Active inventory: 92
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,072 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$418 /mo · $5,022/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$435
• Net cashflow: $-83

Break-even live

Break-even rent $2,177

Max offer price $215,210

Occupancy floor 99%

Sensitivity live

Price	-10% $47	-5% $-18	+0% $-83	+5% $-148	+10% $-213
Rent	-10% $-247	-5% $-165	+0% $-83	+5% $-1	+10% $81
Rate	-1.0pp $33	-0.5pp $-25	base $-83	+0.5pp $-143	+1.0pp $-203

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1109 W Kirby Ave Champaign, IL	6.0	4.0	2597	$2,600	$1.00	45d	1	1.42mi

Listing history 37 events

1. 2026-06-21
   days on market $229,900 Active 31 DOM
2. 2026-06-18
   days on market $229,900 Active 28 DOM
3. 2026-06-17
   days on market $229,900 Active 27 DOM
4. 2026-06-16
   days on market $229,900 Active 26 DOM
5. 2026-06-15
   remarks 593-char remark
6. 2026-06-15
   days on marketlisting id $229,900 Active 25 DOM
7. 2026-06-14
   days on market $229,900 Active 310 DOM
8. 2026-06-13
   days on market $229,900 Active 309 DOM
9. 2026-06-10
   days on market $229,900 Active 307 DOM
10. 2026-06-09
    days on market $229,900 Active 306 DOM
11. 2026-06-08
    days on market $229,900 Active 305 DOM
12. 2026-06-07
    days on market $229,900 Active 304 DOM
13. 2026-06-05
    days on market $229,900 Active 301 DOM
14. 2026-06-03
    days on market $229,900 Active 300 DOM
15. 2026-06-02
    days on market $229,900 Active 299 DOM
16. 2026-06-01
    days on market $229,900 Active 298 DOM
17. 2026-05-31
    days on market $229,900 Active 297 DOM
18. 2026-05-30
    days on market $229,900 Active 296 DOM
19. 2025-08-20
    price $229,900 593-char remark

    Show marketing remark (593 chars)

    You'll love this centrally located five bedroom, two bath bi-level home sitting just minutes from shopping, restaurants, parks and entertainment in Champaign! Upstairs hosts a spacious living room, open dining area, and large kitchen featuring beautiful wood cabinets and a farmhouse sink. Down the hall you'll discover three ample sized bedrooms and the first full bath. The lower level offers a huge family room, two additional bedrooms and the second full bath. Soak up the warm sunshine from your wood deck or find plenty of space to play in the fenced backyard! Make this one yours today!

20. 2025-08-07
    listed $238,000 Active 593-char remark

    Show marketing remark (593 chars)

    You'll love this centrally located five bedroom, two bath bi-level home sitting just minutes from shopping, restaurants, parks and entertainment in Champaign! Upstairs hosts a spacious living room, open dining area, and large kitchen featuring beautiful wood cabinets and a farmhouse sink. Down the hall you'll discover three ample sized bedrooms and the first full bath. The lower level offers a huge family room, two additional bedrooms and the second full bath. Soak up the warm sunshine from your wood deck or find plenty of space to play in the fenced backyard! Make this one yours today!

21. 2020-11-02
    soldstatus $277,500
22. 2020-10-29
    soldstatus $185,000 Closed Sale 553-char remark

    Show marketing remark (553 chars)

    Enjoy cooking? Then you'll appreciate the adorable kitchen, refurbished in 2017. A generous living room/dining combination, open to the kitchen, has dark stained wood floors that continue down the hallway, leading to 3 bedrooms and an updated bath. The lower level has another huge living area, 2 large bedrooms, and 3-piece bathroom. The laundry room has tons of storage. Outside, you will find a well-sized deck, fenced yard, and over-sized 2-car garage. With a wonderful location, close to schools, shopping and Centennial Park, you can't go wrong.

23. 2020-10-29
    status Pending 553-char remark

    Show marketing remark (553 chars)

    Enjoy cooking? Then you'll appreciate the adorable kitchen, refurbished in 2017. A generous living room/dining combination, open to the kitchen, has dark stained wood floors that continue down the hallway, leading to 3 bedrooms and an updated bath. The lower level has another huge living area, 2 large bedrooms, and 3-piece bathroom. The laundry room has tons of storage. Outside, you will find a well-sized deck, fenced yard, and over-sized 2-car garage. With a wonderful location, close to schools, shopping and Centennial Park, you can't go wrong.

24. 2020-09-15
    status Contingent (Do Not Show) 553-char remark

    Show marketing remark (553 chars)

    Enjoy cooking? Then you'll appreciate the adorable kitchen, refurbished in 2017. A generous living room/dining combination, open to the kitchen, has dark stained wood floors that continue down the hallway, leading to 3 bedrooms and an updated bath. The lower level has another huge living area, 2 large bedrooms, and 3-piece bathroom. The laundry room has tons of storage. Outside, you will find a well-sized deck, fenced yard, and over-sized 2-car garage. With a wonderful location, close to schools, shopping and Centennial Park, you can't go wrong.

25. 2020-09-15
    status Contingent 553-char remark

    Show marketing remark (553 chars)

    Enjoy cooking? Then you'll appreciate the adorable kitchen, refurbished in 2017. A generous living room/dining combination, open to the kitchen, has dark stained wood floors that continue down the hallway, leading to 3 bedrooms and an updated bath. The lower level has another huge living area, 2 large bedrooms, and 3-piece bathroom. The laundry room has tons of storage. Outside, you will find a well-sized deck, fenced yard, and over-sized 2-car garage. With a wonderful location, close to schools, shopping and Centennial Park, you can't go wrong.

26. 2020-09-07
    price $191,900 553-char remark

    Show marketing remark (553 chars)

    Enjoy cooking? Then you'll appreciate the adorable kitchen, refurbished in 2017. A generous living room/dining combination, open to the kitchen, has dark stained wood floors that continue down the hallway, leading to 3 bedrooms and an updated bath. The lower level has another huge living area, 2 large bedrooms, and 3-piece bathroom. The laundry room has tons of storage. Outside, you will find a well-sized deck, fenced yard, and over-sized 2-car garage. With a wonderful location, close to schools, shopping and Centennial Park, you can't go wrong.

27. 2020-08-21
    listed $194,300 New 553-char remark

    Show marketing remark (553 chars)

    Enjoy cooking? Then you'll appreciate the adorable kitchen, refurbished in 2017. A generous living room/dining combination, open to the kitchen, has dark stained wood floors that continue down the hallway, leading to 3 bedrooms and an updated bath. The lower level has another huge living area, 2 large bedrooms, and 3-piece bathroom. The laundry room has tons of storage. Outside, you will find a well-sized deck, fenced yard, and over-sized 2-car garage. With a wonderful location, close to schools, shopping and Centennial Park, you can't go wrong.

28. 2018-09-06
    soldstatus $181,000
29. 2018-06-01
    status Contingent (Do Not Show)
30. 2018-05-30
    historical
31. 2018-05-26
    listed New
32. 2016-08-18
    soldstatus $87,500
33. 2016-08-16
    soldstatus $87,500
34. 2016-06-05
    historical
35. 2016-05-11
    listed $109,900
36. 2016-05-04
    historical
37. 2015-04-02
    listed

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $5,022 · $418/mo
• Projected year-2 tax: $5,120 · $427/mo
• Expected delta: +$98/yr (+$8/mo · 2.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,862
• − Mortgage interest: −$12,878
• − Property taxes: −$5,022
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,989
• − Management: −$1,989
• − Depreciation: −$6,688
• Taxable loss: −$4,853
• Est. tax savings @ 24.0%: +$1,165
• After-tax cash flow: $167/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Champaign CUSD 4
• NCES district ID: 1709420
• Math proficiency: 24% ▼ -7.00%
• Reading proficiency: 26% ▼ -7.00%
• Median HH income: $45,797
• Composite: 21.66/100
• National rank: #8281
• State rank: #333 of 620 in IL

Livability — Champaign

• Score: 83/100
• State rank: #44
• US rank: #902

Category grades

Amenities B+ Commute A+ Cost of living A+ Crime F Employment C+ Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Champaign, IL
• County: Champaign County · 182,148 people
• City population: 96,852
• Metro: Champaign-Urbana, IL
• Population (ZIP): 28,611
• Household income: $70,715
• Rent vs Own: 39.0% rent · 61.0% own
• Severe rent burden: 1023.0

Population outlook (Champaign County) Hauer SSP2

• Today (2025): 223,848 people
• By 2030: 231,416 · +3.4%
• By 2040: 244,321 · +9.1%
• By 2050: 256,432 · +14.6%
• By 2075: 285,823 · +27.7%
• By 2100: 296,406 · +32.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 57% Black 23% Asian 8% Hispanic / Latino 8% Two or more races 6%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 2%
• Foreign-born: 14% · Canada, China, South Korea
• Languages at home: 82% English-only · Spanish 5% French/Haitian/Cajun 5% Tagalog/Filipino 2%

Political lean MEDSL · Champaign

• 2024 margin: Strong D (+24.1) · D 61.3% · R 37.2% · Other 1.5%
• 2008→2024 swing: +6.6pp toward D · 2008: 17.5pp · 2024: 24.1pp
• All cycles: 2024: D+24.1 2020: D+22.8 2016: D+18.4 2012: D+6.8 2008: D+17.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -78.19%
• Current HPI: 221.1245
• Rent YoY: ▲ 9.29%
• Metro: Champaign-Urbana, IL
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

+109.2% since first listed

20 events — show timeline

• 2026-05-21 Listed $229,900 CIBR
• 2025-08-20 Price Changed $229,900 MRED as Distributed by MLS Grid
• 2025-08-07 Listed $238,000 MRED as Distributed by MLS Grid
• 2020-11-02 Sold (Public Records) $277,500 Public Records
• 2020-10-29 Sold (MLS) $185,000 MRED as Distributed by MLS Grid
• 2020-10-29 Pending — MRED as Distributed by MLS Grid
• 2020-09-15 Pending — MRED as Distributed by MLS Grid
• 2020-09-15 Pending — MRED as Distributed by MLS Grid
• 2020-09-07 Price Changed $191,900 MRED as Distributed by MLS Grid
• 2020-08-21 Listed $194,300 MRED as Distributed by MLS Grid
• 2018-09-06 Sold (Public Records) $181,000 Public Records
• 2018-06-01 Pending — MRED as Distributed by MLS Grid
• 2018-05-30 Listing Removed — MRED as Distributed by MLS Grid
• 2018-05-26 Listed — MRED as Distributed by MLS Grid
• 2016-08-18 Sold (Public Records) $87,500 Public Records
• 2016-08-16 Sold (MLS) $87,500 MRED as Distributed by MLS Grid
• 2016-06-05 Listing Removed — MRED as Distributed by MLS Grid
• 2016-05-11 Listed $109,900 MRED as Distributed by MLS Grid
• 2016-05-04 Listing Removed — MRED as Distributed by MLS Grid
• 2015-04-02 Listed — MRED as Distributed by MLS Grid

Property tax history

+4.1%/yr

Latest (2025): $5,022 · +9.5% YoY. Source: county tax records.