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408 Prairie St

Champaign, IL 61820

1 bd 1 ba 570 sqft Built 1925 single_family
Most recent sale
$70,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2026 Listed $177,900 MRED
Aug 4, 2022 Sold $70,000 MLS #11378862
May 9, 2022 Price changed $72,900 MLS #11378862
Apr 19, 2022 Listed $74,900 MLS #11378862
Mar 31, 2022 Sold $58,000 MLS #11182051
Aug 6, 2021 Listed $69,400 MLS #11182051
Sep 30, 2019 Sold $82,500 MLS #10335140
Apr 11, 2019 Listed $89,900 MLS #10335140

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $390,000 $35,240 $425,240 $21,637
2023 $347,590 $31,410 $379,000 $20,553
2022 $292,040 $26,390 $318,430 $19,101
2021 $270,100 $24,410 $294,510 $19,927
2020 $270,100 $24,410 $294,510 $18,399
2019 $264,540 $23,910 $288,450 $17,779
2018 $260,370 $23,530 $283,900 $17,277
2017 $260,370 $23,530 $283,900 $16,504
2016 $255,010 $23,050 $278,060 $15,429
2015 $250,500 $22,640 $273,140 $14,385
2014 $138,370 $22,640 $161,010 $5,427
2013 $138,370 $22,640 $161,010 $6,003
2012 $141,190 $23,100 $164,290 $6,276
2011 $141,190 $23,100 $164,290 $5,989
2010 $144,370 $23,620 $167,990 $5,469
2009 $144,370 $23,620 $167,990 $5,376
2008 $144,370 $23,620 $167,990 $5,869
2006 $130,340 $21,320 $151,660 $5,326
2005 $124,130 $20,300 $144,430 $5,008

Property facts

Year built
1925
Property type
single_family
Stories
Beds
1
Baths
1
Living area
570 sqft
Lot size
ZIP code
61820
City
Champaign
Street
Prairie St
Coordinates
40.11981, -88.24827

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
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 Prairie St last sell?
408 Prairie St most recently sold on Aug 4, 2022 for $70,000.
What is the current tax assessment for 408 Prairie St?
The most recent total assessment for 408 Prairie St (year 2024) is $425,240 with $21,637 in property tax.
How does 408 Prairie St's assessment compare to its last sale price?
The current assessment is 507.5% above the last sale price of $70,000.
When was 408 Prairie St built?
408 Prairie St was built in 1925.
How does 408 Prairie St compare to others on Prairie St?
We track 8 other properties on Prairie St. Browse the list under "Other properties on Prairie St" to compare beds, baths, and sale history.
What are the property facts for 408 Prairie St?
408 Prairie St is a 1 bed, 1 bath, 570 sqft single_family.
Is 408 Prairie St a flip candidate?
Yes — 408 Prairie St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 408 Prairie St a tax-appeal candidate?
Yes — 408 Prairie St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+10.0%
Implied 1-yr
+39.8%
2026 Q2
$2.81M
2026 Q3
$2.98M
ZIP 61820 — Median Price History + Forecast

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