505 E State St, Mahomet, IL 61853
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OFF MARKET

505 E State St
Mahomet, IL 61853

  • 3 Beds
  • 2 Baths
  • 1,565 sqft

$218,800

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $1,585/mo*
Refinance Your Home

$218,800

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $1,585/mo*
Refinance Your Home
3 Beds
2 Baths
1,565 sqft

Local Information

  • Map ViewExplore the area around 505 E State St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,565 sqft
Price/Sqft
$140
Parking
1 Car Garage

Description

Conveniently located on East State Street, this home offers easy access to downtown Mahomet's shops, restaurants, parks, and schools. Enjoy the convenience of small-town living with the amenities of a larger city just blocks away. Brand new furnace and AC installed in 2024, new vinyl plank flooring on 1st level, with a remodeled tile bathroom. Boasting three bedrooms and two bathrooms, this home offers ample living space for families of all sizes. The open floor plan creates a seamless flow between the living areas, perfect for entertaining guests or simply relaxing with loved ones. Laundry room is attached to 1.5 car garage that comes with a new roof. This property has been owner occupied, long term rental, and currently used as Airbnb rental to fit whatever real estate needs interests you. Easy access to major highways and public transportation makes commuting a breeze, whether you're headed to work or exploring the surrounding area. Agent owned.
505 E State St, Mahomet, IL 61853 is a 3 bedroom, 2 bathroom, 1,565 sqft single-family home. It last sold for $192,000 on Jul 17, 2024 (8% below the $208,000 asking price). More recently, it was listed as a rental in February 2023 with an asking price of $1,500 per month. That rental listing was removed on February 24, 2023. It is currently off market. The Trulia Estimate is $218,800, with a rent estimate of $1,715/month.

Home Details for 505 E State St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1565 Square Feet
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 1Parking: On Site,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Renovated: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 151315176041

Price & Status

Price
List Price: $208,000
Status Change & Dates
Off Market Date: Sat May 18 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Mahomet
School Information
Elementary School: Mahomet Elementary SchoolElementary School District: 3Jr High / Middle School: Mahomet Junior High SchoolJr High / Middle School District: 3High School: Mahomet-Seymour High SchoolHigh School District: 3

Agent Information

Buyer Agent
Buyer Company Name: SellingHomes 24-7 Team

Building

Building Area
Building Area: 1565 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 7425 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 11997307

Additional Information

Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 3 hours ago
Listed by Quentin McNew, (217) 552-4062
eXp Realty-Schaumburg
Bought with: Carol Meinhart, ABR,GRI,SFR, (217) 840-3328, The Real Estate Group,Inc
Source: MRED as distributed by MLS GRID, MLS#11997307

Price History for 505 E State St

DatePriceEventSource
07/17/2024$192,000Sold
MRED as distributed by MLS GRID #11997307
05/20/2024$208,000ContingentMRED as distributed by MLS GRID #11997307
03/25/2024$208,000PriceChange
MRED as distributed by MLS GRID #11997307
03/06/2024$216,000Listed For SaleMRED as distributed by MLS GRID #11997307
01/21/2024ListingRemovedMRED as distributed by MLS GRID #11902283
01/14/2024$194,000PriceChange
MRED as distributed by MLS GRID #11902283
12/20/2023$198,000PendingToActiveMRED as distributed by MLS GRID #11902283
12/12/2023$198,000ContingentMRED as distributed by MLS GRID #11902283
12/12/2023$198,000PendingMRED as distributed by MLS GRID #11902283
11/24/2023$198,000PendingToActiveMRED as distributed by MLS GRID #11902283
10/17/2023$198,000ContingentMRED as distributed by MLS GRID #11902283
10/16/2023$198,000PriceChange
MRED as distributed by MLS GRID #11902283
10/06/2023$210,000Listed For SaleMRED as distributed by MLS GRID #11902283
05/15/2023$195,000Sold
N/A
02/24/2023ListingRemovedZillow Rentals
02/16/2023$1,500Listed For RentZillow Rentals
02/05/2023ListingRemovedZillow Rentals
01/27/2023$1,650PriceChange
Zillow Rentals
01/13/2023$1,800Listed For RentZillow Rentals
03/25/2022$153,500Sold
N/A
02/13/2022$129,000ContingentMRED as distributed by MLS GRID #11321061
02/10/2022$129,000Listed For SaleMRED as distributed by MLS GRID #11321061
06/09/2015$114,900ListingRemovedAgent Provided
06/08/2015$114,900Listed For SaleAgent Provided
10/09/2014$114,000Sold
N/A
07/03/2014$114,900PriceChange
Agent Provided
05/23/2014$117,500Listed For SaleAgent Provided
04/29/2010$101,000Sold
N/A
09/30/2009$63,000Sold
N/A

Market trends in Mahomet

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
Sale-to-List Price
—
Price per sq ft
$180
Available listings
72
8MoM
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Property Tax and Assessment

Year2024
Tax$3,276
Assessment$126,690
Home facts updated by county records

Comparable Sales for 505 E State St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
403 E State St, Mahomet, IL
0.11
Single-Family Home
$214,000
12/19/25
3
2
1,580
305 N Jefferson St, Mahomet, IL
0.08
Single-Family Home
$250,000
07/08/26
3
2
1,200
506 E State St, Mahomet, IL
0.04
Single-Family Home
$205,000
05/29/26
3
1
1,438
412 Weathering Dr, Mahomet, IL
0.22
Single-Family Home
$235,000
11/12/25
3
2
1,816
405 E Sangamon St, Mahomet, IL
0.45
Single-Family Home
$231,000
06/18/26
3
2
2,520
106 E Union St, Mahomet, IL
0.38
Single-Family Home
$215,000
02/10/26
3
1
1,347
305 West St, Mahomet, IL
0.53
Single-Family Home
$275,000
01/02/26
3
2
1,541
401 Tamula Dr, Mahomet, IL
0.60
Single-Family Home
$299,000
04/17/26
3
2
1,801

Nearby homes

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Assigned Schools

These are the assigned schools for 505 E State St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Mahomet

At least 62 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 88 % Say car is needed

  • 88 % Say people would walk alone at night

  • 88 % Say kids play outside

  • 86 % Say parking is easy

  • 86 % Say there's holiday spirit

  • 84 % Say yards are well-kept

  • 78 % Say it's quiet

  • 73 % Say neighbors are friendly

  • 60 % Say it's walkable to restaurants

  • 59 % Say there's wildlife

  • 59 % Say there are sidewalks

  • 56 % Say they plan to stay for at least 5 years

  • 49 % Say streets are well-lit

  • 35 % Say it's walkable to grocery stores

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • The Onyx Group
    "Many owners do not decide their dogs properly. Occasionally they get out of an unlocked gate or wanted from yards. There are also many unsupervised small children running in the street outside of school hours. "
    0
    Flag
  • Richard L.
    "Great place to raise children. I have two that went to school in Mahomet and three grand kids that attended Mahomet schools."
    1
    Flag
  • Cnm
    "good sized front and back yards. most houses have fences and there is relatively low traffic. good sidewalks for walking dogs."
    0
    Flag
  • Mary H.
    "The neighborhood is quiet and feels safe. The neighbors are friendly. A church is across the street. Nice neighborhoods to go walking. Restaurants and grocery store is only a five minute drive. The larger city of Champaign is only a 15 minute drive. "
    1
    Flag
  • John O.
    "Spacious yards and low traffic streets are great for dog walking. Also there are two parks within 5 min."
    0
    Flag
  • Claudette M.
    "There is never any traffic. I can get from point a to b without delay! Even going into town doesn’t take long."
    0
    Flag
  • Mike.haines63
    "I've live in the Mahomet area for 30 years in 3 different locations. All have been great locations. Taxes are high but so are the home values. Good schools and several entertainment options."
    0
    Flag
  • Mike h.
    "Mahomet is a bedroom community of Champaign-Urbana and is a quick 10 minute drive to the west side of C-U."
    0
    Flag
  • Richard L.
    "We have a park behind our house with a one mile walking path, playground, two baseball diamonds and basketball courts. "
    0
    Flag
  • Richard L.
    "My backyard neighbor is a city park with a one mile walking path, playground for kids, basketball courts and two baseball fields. Great for a family."
    1
    Flag
  • Richard L.
    "I have lived in the neighborhood for over thirty years. We have a great park next to our backyard with a one mile walking path, two baseball diamonds, basketball courts and a play area for kids."
    1
    Flag
  • shepeg64
    "Friendly people good schools safe and accessible parks and trails love living here and want to find a bigger home here "
    0
    Flag
  • Claudette
    "The school system is absolutely awesome. All of my neighbors are very friendly and my kids love it here as well! I’m so glad I decided to move down here. The affordability is also a contributing factor in my moving. "
    0
    Flag
  • Taras898
    "Families and community are a big part of what this subdivision is about. Subdivision amenities are wonderful for an active lifestyle and convenience. Low turnover in availability. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

19 pet-friendly rentals in Mahomet, IL

Explore by feature - Garage

19 rentals with a garage in Mahomet, IL

Explore by feature - Air Conditioning

9 rentals with air conditioning in Mahomet, IL

Explore by feature - Washer/dryer

13 rentals with a washer/dryer in Mahomet, IL

Explore by feature - Outdoor Space

Homes for sale near 505 E State St

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Off Market Homes Near 505 E State St

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Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information