508 Corey Ln
Champaign, IL 61822
2 bd 2 ba 1,002 sqft Built 2005 Lot 5,227 sqft single_family
Most recent sale
$166,000
Sep 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 12, 2022 | Sold | $166,000 | MLS #11439128 |
| Jul 21, 2022 | Price changed | $162,000 | MLS #11439128 |
| Jul 8, 2022 | Listed | $165,000 | MLS #11439128 |
| Aug 21, 2013 | Sold | $89,500 | Public Record |
| Jun 21, 2013 | Listing removed | $93,500 | ChampaignArea |
| Jun 20, 2013 | Price changed | $93,500 | MLS #2124886 |
| May 8, 2013 | Price changed | $95,000 | MLS #2124886 |
| Mar 6, 2013 | Price changed | $102,000 | MLS #2124886 |
| Jan 28, 2013 | Price changed | $109,000 | MLS #2124886 |
| Dec 3, 2012 | Price changed | $114,900 | MLS #2124886 |
| Oct 19, 2012 | Listed | $116,900 | MLS #2124886 |
| Mar 6, 2012 | Listing removed | $123,000 | ChampaignArea |
| Sep 8, 2011 | Listed | $123,000 | MLS #2111170 |
| Jan 17, 2011 | Listing removed | $124,900 | ChampaignArea |
| Jan 6, 2010 | Listed | $124,900 | MLS #2100096 |
| Nov 28, 2009 | Listing removed | $124,900 | ChampaignArea |
| Jun 24, 2009 | Listed | $124,900 | MLS #2093145 |
| Jan 25, 2006 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $43,260 | $15,890 | $59,150 | $4,074 |
| 2023 | $38,560 | $14,160 | $52,720 | $3,789 |
| 2022 | $32,400 | $11,900 | $44,300 | $3,522 |
| 2021 | $31,760 | $11,670 | $43,430 | $3,426 |
| 2020 | $30,830 | $11,330 | $42,160 | $3,315 |
| 2019 | $30,200 | $11,100 | $41,300 | $3,198 |
| 2018 | $29,720 | $10,930 | $40,650 | $3,118 |
| 2017 | $29,110 | $10,700 | $39,810 | $3,055 |
| 2016 | $28,510 | $10,480 | $38,990 | $2,729 |
| 2015 | $28,010 | $10,290 | $38,300 | $2,741 |
| 2014 | $28,010 | $10,290 | $38,300 | $2,717 |
| 2013 | $28,010 | $10,290 | $38,300 | $2,693 |
| 2012 | $28,580 | $10,500 | $39,080 | $2,652 |
| 2011 | $28,580 | $10,500 | $39,080 | $2,617 |
| 2010 | $30,450 | $11,190 | $41,640 | $2,653 |
| 2009 | $30,450 | $11,190 | $41,640 | $2,609 |
| 2008 | $30,450 | $11,190 | $41,640 | $2,637 |
| 2006 | $28,960 | $11,790 | $40,750 | $2,627 |
| 2005 | — | $310 | $310 | $23 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,002 sqft
Lot size
5,227 sqft
ZIP code
61822
City
Champaign
Street
Corey Ln
Coordinates
40.15156, -88.25314
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,804
Gross rental yield
13.04%
Implied cap rate
8.48%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Corey Ln last sell?
508 Corey Ln most recently sold on Sep 12, 2022 for $166,000.
What is the current tax assessment for 508 Corey Ln?
The most recent total assessment for 508 Corey Ln (year 2024) is $59,150 with $4,074 in property tax.
How does 508 Corey Ln's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $166,000.
When was 508 Corey Ln built?
508 Corey Ln was built in 2005.
How does 508 Corey Ln compare to others on Corey Ln?
We track 8 other properties on Corey Ln. Browse the list under "Other properties on Corey Ln" to compare beds, baths, and sale history.
What are the property facts for 508 Corey Ln?
508 Corey Ln is a 2 bed, 2 bath, 1,002 sqft, 5,227 sqft lot single_family.
Is 508 Corey Ln a flip candidate?
No — 508 Corey Ln does not appear in our flips dataset.
Is 508 Corey Ln a tax-appeal candidate?
No — 508 Corey Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-6.1%
2026 Q3
$315K
2026 Q4
$309.6K
ZIP 61822 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Corey Ln