1508 Park Ave
Champaign, IL 61821
2 bd 1 ba 1,003 sqft Built 1924 Lot 7,200 sqft single_family
Most recent sale
$129,900
Oct 29, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2024 | Listed | $165,000 | MRED |
| Oct 29, 2021 | Sold | $129,900 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $43,470 | $11,300 | $54,770 | $3,733 |
| 2023 | $38,740 | $10,070 | $48,810 | $3,467 |
| 2022 | $32,550 | $8,460 | $41,010 | $3,219 |
| 2021 | $31,910 | $8,290 | $40,200 | $3,130 |
| 2020 | $30,680 | $7,970 | $38,650 | $2,535 |
| 2019 | $30,050 | $7,810 | $37,860 | $2,433 |
| 2018 | $29,580 | $7,690 | $37,270 | $2,363 |
| 2017 | $28,500 | $7,410 | $35,910 | $2,702 |
| 2016 | $27,910 | $7,260 | $35,170 | $2,412 |
| 2015 | $27,420 | $7,130 | $34,550 | $2,422 |
| 2014 | $27,420 | $7,130 | $34,550 | $2,401 |
| 2013 | $27,420 | $7,130 | $34,550 | $2,380 |
| 2012 | $27,980 | $7,280 | $35,260 | $2,365 |
| 2011 | $27,980 | $7,280 | $35,260 | $2,267 |
| 2010 | $28,610 | $7,440 | $36,050 | $2,257 |
| 2009 | $28,610 | $7,440 | $36,050 | $2,219 |
| 2008 | $28,610 | $7,440 | $36,050 | $2,248 |
| 2006 | $26,430 | $6,880 | $33,310 | $2,100 |
| 2005 | $24,130 | $6,280 | $30,410 | $1,937 |
Property facts
Year built
1924
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,003 sqft
Lot size
7,200 sqft
ZIP code
61821
City
Champaign
Street
Park Ave
Coordinates
40.11768, -88.27104
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$779
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1508 Park Ave last sell?
1508 Park Ave most recently sold on Oct 29, 2021 for $129,900.
What is the current tax assessment for 1508 Park Ave?
The most recent total assessment for 1508 Park Ave (year 2024) is $54,770 with $3,733 in property tax.
How does 1508 Park Ave's assessment compare to its last sale price?
The current assessment is 57.8% below the last sale price of $129,900.
When was 1508 Park Ave built?
1508 Park Ave was built in 1924.
How does 1508 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 1508 Park Ave?
1508 Park Ave is a 2 bed, 1 bath, 1,003 sqft, 7,200 sqft lot single_family.
Is 1508 Park Ave a flip candidate?
No — 1508 Park Ave does not appear in our flips dataset.
Is 1508 Park Ave a tax-appeal candidate?
No — 1508 Park 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
-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 Park Ave