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509 Garfield Ave

Champaign, IL 61821

2 bd 1 ba 931 sqft Built 1924 Lot 6,171 sqft single_family
Most recent sale
$128,000
Jun 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 20, 2022 Sold $128,000 MLS #11394383
Jun 18, 2022 Listed for rent $1,200 AppfolioUnits
Jun 17, 2022 Sold $128,000 Public Record
May 12, 2022 Listed $116,000 MLS #11394383
Oct 5, 2016 Sold $84,500 Public Record
Aug 2, 2016 Listing removed $84,900 ChampaignArea
Jul 21, 2016 Price changed $84,900 MLS #2162168
Jun 17, 2016 Price changed $89,900 MLS #2162168
Jun 2, 2016 Price changed $94,900 MLS #2162168
May 9, 2016 Price changed $99,900 MLS #2162168
May 6, 2016 Listed $99,000 MLS #2162168
Jul 14, 2006 Sold $87,000 Public Record
Dec 1, 2000 Sold $85,500 Public Record
Aug 3, 1993 Sold $32,333 Public Record
Jul 30, 1991 Sold $27,330 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,050 $6,060 $44,110 $2,904
2023 $33,910 $5,400 $39,310 $3,228
2022 $28,490 $4,540 $33,030 $2,485
2021 $27,930 $4,450 $32,380 $2,414
2020 $26,860 $4,280 $31,140 $1,638
2019 $26,310 $4,190 $30,500 $1,618
2018 $25,900 $4,120 $30,020 $1,607
2017 $24,900 $3,960 $28,860 $1,613
2016 $24,390 $3,880 $28,270 $1,742
2015 $23,960 $3,810 $27,770 $1,847
2014 $23,960 $3,810 $27,770 $1,831
2013 $23,960 $3,810 $27,770 $1,814
2012 $24,450 $3,890 $28,340 $1,810
2011 $24,450 $3,890 $28,340 $1,830
2010 $26,080 $4,150 $30,230 $1,823
2009 $26,080 $4,150 $30,230 $1,793
2008 $26,080 $4,150 $30,230 $1,824
2006 $23,710 $3,770 $27,480 $1,672
2005 $22,220 $3,530 $25,750 $1,586

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
931 sqft
Lot size
6,171 sqft
ZIP code
61821
City
Champaign
Street
Garfield Ave
Coordinates
40.12076, -88.26967

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
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Garfield Ave last sell?
509 Garfield Ave most recently sold on Jun 20, 2022 for $128,000.
What is the current tax assessment for 509 Garfield Ave?
The most recent total assessment for 509 Garfield Ave (year 2024) is $44,110 with $2,904 in property tax.
How does 509 Garfield Ave's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $128,000.
When was 509 Garfield Ave built?
509 Garfield Ave was built in 1924.
How does 509 Garfield Ave compare to others on Garfield Ave?
We track 8 other properties on Garfield Ave. Browse the list under "Other properties on Garfield Ave" to compare beds, baths, and sale history.
What are the property facts for 509 Garfield Ave?
509 Garfield Ave is a 2 bed, 1 bath, 931 sqft, 6,171 sqft lot single_family.
Is 509 Garfield Ave a flip candidate?
No — 509 Garfield Ave does not appear in our flips dataset.
Is 509 Garfield Ave a tax-appeal candidate?
No — 509 Garfield Ave 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
-2.0%
Implied 1-yr
-7.8%
2026 Q3
$204.2K
2026 Q4
$199.7K
ZIP 61821 — Median Price History + Forecast

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