507 Alabama Ave
Champaign, IL 61820
2 bd 2 ba 976 sqft Lot 5,663 sqft single_family
Most recent sale
$52,000
Jul 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 17, 2024 | Sold | $99,900 | MRED |
| Apr 4, 2024 | Listed | $99,900 | MRED |
| Nov 30, 2023 | Listing removed | $99,900 | MRED |
| Nov 16, 2023 | Listed | $99,900 | MRED |
| Jul 11, 2022 | Sold | $52,000 | MLS #11407073 |
| Jun 1, 2022 | Listed | $60,000 | MLS #11407073 |
| Aug 1, 2020 | Listing removed | $48,000 | MRED |
| Mar 27, 2020 | Price changed | $48,000 | MLS #10561563 |
| Oct 30, 2019 | Listed | $50,000 | MLS #10561563 |
| Jun 1, 2017 | Sold | $45,000 | Public Record |
| Feb 16, 2017 | Listing removed | $49,900 | ChampaignArea |
| Jun 29, 2016 | Listed | $49,900 | MLS #2163153 |
| Nov 20, 2003 | Sold | $48,000 | Public Record |
| Aug 4, 2003 | Sold | $60,000 | Public Record |
| Jul 3, 2002 | Sold | $35,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $20,790 | $2,880 | $23,670 | $1,840 |
| 2023 | $18,530 | $2,570 | $21,100 | $1,733 |
| 2022 | $15,570 | $2,160 | $17,730 | $569 |
| 2021 | $15,260 | $2,120 | $17,380 | $566 |
| 2020 | $15,650 | $2,170 | $17,820 | $568 |
| 2019 | $15,330 | $2,130 | $17,460 | $561 |
| 2018 | $15,090 | $2,100 | $17,190 | $557 |
| 2017 | $15,090 | $2,100 | $17,190 | $746 |
| 2016 | $14,780 | $2,060 | $16,840 | $897 |
| 2015 | $14,520 | $2,020 | $16,540 | $894 |
| 2014 | $4,900 | $2,020 | $6,920 | $582 |
| 2013 | $4,900 | $2,020 | $6,920 | $577 |
| 2012 | $5,000 | $2,060 | $7,060 | $566 |
| 2011 | $14,820 | $2,060 | $16,880 | $1,372 |
| 2010 | $16,030 | $2,230 | $18,260 | $1,359 |
| 2009 | $16,030 | $2,230 | $18,260 | $1,337 |
| 2008 | $16,030 | $2,230 | $18,260 | $1,332 |
| 2006 | $14,470 | $2,020 | $16,490 | $1,212 |
| 2005 | $13,250 | $1,850 | $15,100 | $1,139 |
Property facts
Year built
—
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
976 sqft
Lot size
5,663 sqft
ZIP code
61820
City
Champaign
Street
Alabama Ave
Coordinates
40.12856, -88.25093
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$312
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Alabama Ave last sell?
507 Alabama Ave most recently sold on Jul 11, 2022 for $52,000.
What is the current tax assessment for 507 Alabama Ave?
The most recent total assessment for 507 Alabama Ave (year 2024) is $23,670 with $1,840 in property tax.
How does 507 Alabama Ave's assessment compare to its last sale price?
The current assessment is 54.5% below the last sale price of $52,000.
When was 507 Alabama Ave built?
The year built for 507 Alabama Ave is not in our records.
How does 507 Alabama Ave compare to others on Alabama Ave?
We track 8 other properties on Alabama Ave. Browse the list under "Other properties on Alabama Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Alabama Ave?
507 Alabama Ave is a 2 bed, 2 bath, 976 sqft, 5,663 sqft lot single_family.
Is 507 Alabama Ave a flip candidate?
No — 507 Alabama Ave does not appear in our flips dataset.
Is 507 Alabama Ave a tax-appeal candidate?
No — 507 Alabama Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+10.0%
Implied 1-yr
+39.8%
2026 Q2
$2.81M
2026 Q3
$2.98M
ZIP 61820 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Alabama Ave