506 Edwin St
Champaign, IL 61821
3 bd 2 ba 1,675 sqft Built 1923 Lot 8,276 sqft single_family
Most recent sale
$256,000
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2022 | Sold | $256,000 | MLS #11388882 |
| May 4, 2022 | Listed | $225,000 | MLS #11388882 |
| May 24, 2016 | Sold | $152,000 | Public Record |
| Feb 29, 1996 | Sold | $39,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $54,220 | $7,410 | $61,630 | $3,969 |
| 2023 | $48,320 | $6,600 | $54,920 | $3,690 |
| 2022 | $40,600 | $5,540 | $46,140 | $3,428 |
| 2021 | $37,000 | $5,430 | $42,430 | $3,334 |
| 2020 | $35,580 | $5,220 | $40,800 | $3,191 |
| 2019 | $34,850 | $5,110 | $39,960 | $3,077 |
| 2018 | $34,300 | $5,030 | $39,330 | $2,999 |
| 2017 | $32,980 | $4,840 | $37,820 | $2,834 |
| 2016 | $32,300 | $4,740 | $37,040 | $2,529 |
| 2015 | $31,730 | $4,660 | $36,390 | $2,540 |
| 2014 | $31,730 | $4,660 | $36,390 | $2,518 |
| 2013 | $31,730 | $4,660 | $36,390 | $2,495 |
| 2012 | $31,910 | $4,750 | $36,660 | $2,478 |
| 2011 | $36,500 | $4,750 | $41,250 | $2,865 |
| 2010 | $38,940 | $5,070 | $44,010 | $2,850 |
| 2009 | $38,940 | $5,070 | $44,010 | $2,802 |
| 2008 | $38,940 | $5,070 | $44,010 | $2,829 |
| 2006 | $35,410 | $4,610 | $40,020 | $2,384 |
| 2005 | $33,190 | $4,320 | $37,510 | $2,258 |
Property facts
Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,675 sqft
Lot size
8,276 sqft
ZIP code
61821
City
Champaign
Street
Edwin St
Coordinates
40.12078, -88.26587
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
$3,015
Gross rental yield
14.13%
Implied cap rate
9.19%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Edwin St last sell?
506 Edwin St most recently sold on Jul 1, 2022 for $256,000.
What is the current tax assessment for 506 Edwin St?
The most recent total assessment for 506 Edwin St (year 2024) is $61,630 with $3,969 in property tax.
How does 506 Edwin St's assessment compare to its last sale price?
The current assessment is 75.9% below the last sale price of $256,000.
When was 506 Edwin St built?
506 Edwin St was built in 1923.
How does 506 Edwin St compare to others on Edwin St?
We track 8 other properties on Edwin St. Browse the list under "Other properties on Edwin St" to compare beds, baths, and sale history.
What are the property facts for 506 Edwin St?
506 Edwin St is a 3 bed, 2 bath, 1,675 sqft, 8,276 sqft lot single_family.
Is 506 Edwin St a flip candidate?
No — 506 Edwin St does not appear in our flips dataset.
Is 506 Edwin St a tax-appeal candidate?
No — 506 Edwin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.8%
2026 Q3
$204.2K
2026 Q4
$199.7K
ZIP 61821 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Edwin St