Champaign Illinois Real Estate Information

Champaign was founded in 1855, after the Illinois Central Railroad laid part of its track two miles west of downtown Urbana, IL. Originally Champaign was referred to as "West Urbana," it was renamed Champaign 5 years later when it acquired a city charter in 1860.

Champaign-Urbana is the home to the University of Illinois at Urbana-Champaign.  In addition to the U of I, Champaign also is home to Parkland College.  Parkland is a large community college that offers degrees and training in a wide variety of courses.  Several of Eastern Illinois University’s MBA courses are offered at this college. 

Population:  67,518 (2000)

Median resident age:  25.3 (2000)

New home construction building permits and price information for single family homes in Champaign Illinois past 3 years:

2003

187 building permits avg. cost $173,900

2004

241 building permits avg. cost $140,500

2005

600 building permits avg. cost $144,600

As you can see Champaign has built over 1,000 single family properties over the past 3 years.  This is a trend that appears to be continuing in the years to come.  Several large subdivisions are in the construction phase, and have lots available for purchase now.  More areas are scheduled to be available in Champaign soon.  Call today for information on any new or existing home questions you might have.