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2807 Cherry Hills Dr

Champaign, IL 61822

4 bd 4 ba 3,358 sqft Built 1990 single_family
Most recent sale
$502,500
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $502,500 Public Record
Apr 29, 2022 Listed $335,000 MLS #11318280

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $84,070 $32,740 $116,810 $8,555
2023 $74,930 $29,180 $104,110 $8,009
2022 $62,950 $24,520 $87,470 $7,491
2021 $61,720 $24,040 $85,760 $6,843
2020 $60,810 $23,680 $84,490 $6,738
2019 $59,560 $23,190 $82,750 $6,501
2018 $58,620 $22,820 $81,440 $6,339
2017 $56,970 $22,180 $79,150 $6,158
2016 $55,800 $21,720 $77,520 $5,502
2015 $54,810 $21,340 $76,150 $5,528
2014 $54,810 $21,340 $76,150 $5,481
2013 $54,810 $21,340 $76,150 $5,431
2012 $55,930 $21,780 $77,710 $5,428
2011 $55,930 $21,780 $77,710 $5,200
2010 $73,450 $22,270 $95,720 $6,680
2009 $73,450 $22,270 $95,720 $6,567
2008 $73,450 $22,270 $95,720 $6,582
2006 $64,780 $19,630 $84,410 $5,836
2005 $61,690 $18,690 $80,380 $5,689

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,358 sqft
Lot size
ZIP code
61822
City
Champaign
Street
Cherry Hills Dr
Coordinates
40.07922, -88.29440

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,015
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2807 Cherry Hills Dr last sell?
2807 Cherry Hills Dr most recently sold on May 18, 2022 for $502,500.
What is the current tax assessment for 2807 Cherry Hills Dr?
The most recent total assessment for 2807 Cherry Hills Dr (year 2024) is $116,810 with $8,555 in property tax.
How does 2807 Cherry Hills Dr's assessment compare to its last sale price?
The current assessment is 76.8% below the last sale price of $502,500.
When was 2807 Cherry Hills Dr built?
2807 Cherry Hills Dr was built in 1990.
How does 2807 Cherry Hills Dr compare to others on Cherry Hills Dr?
We track 8 other properties on Cherry Hills Dr. Browse the list under "Other properties on Cherry Hills Dr" to compare beds, baths, and sale history.
What are the property facts for 2807 Cherry Hills Dr?
2807 Cherry Hills Dr is a 4 bed, 4 bath, 3,358 sqft single_family.
Is 2807 Cherry Hills Dr a flip candidate?
No — 2807 Cherry Hills Dr does not appear in our flips dataset.
Is 2807 Cherry Hills Dr a tax-appeal candidate?
No — 2807 Cherry Hills Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-6.1%
2026 Q3
$315K
2026 Q4
$309.6K
ZIP 61822 — Median Price History + Forecast

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