1007 Prospect Ave
Champaign, IL 61820
3 bd 2 ba 1,000 sqft Built 1987 Lot 6,955 sqft single_family
Most recent sale
$80,500
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 15, 2022 | Sold | $80,500 | MLS #11454720 |
| Jul 5, 2022 | Listed | $74,900 | MLS #11454720 |
| Jan 22, 2002 | Sold | $80,000 | Public Record |
| Jul 2, 1993 | Sold | $36,666 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $40,660 | $6,660 | $47,320 | $3,976 |
| 2024 | $40,660 | $6,660 | $47,320 | $3,678 |
| 2023 | $36,240 | $5,940 | $42,180 | $3,464 |
| 2022 | $30,450 | $4,990 | $35,440 | $3,259 |
| 2021 | $29,850 | $4,890 | $34,740 | $2,631 |
| 2020 | $28,700 | $4,700 | $33,400 | $2,512 |
| 2019 | $28,110 | $4,600 | $32,710 | $2,420 |
| 2018 | $27,670 | $4,530 | $32,200 | $2,358 |
| 2017 | $26,610 | $4,360 | $30,970 | $2,256 |
| 2016 | $26,060 | $4,270 | $30,330 | $2,012 |
| 2015 | $25,600 | $4,190 | $29,790 | $2,019 |
| 2014 | $25,600 | $4,190 | $29,790 | $2,001 |
| 2013 | $25,600 | $4,190 | $29,790 | $1,983 |
| 2012 | $26,120 | $4,280 | $30,400 | $1,976 |
| 2011 | $26,120 | $4,280 | $30,400 | $1,995 |
| 2010 | $27,860 | $4,560 | $32,420 | $1,987 |
| 2009 | $27,860 | $4,560 | $32,420 | $1,954 |
| 2008 | $27,860 | $4,560 | $32,420 | $1,984 |
| 2006 | $25,320 | $4,140 | $29,460 | $1,818 |
| 2005 | $23,730 | $3,880 | $27,610 | $1,726 |
Property facts
Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,000 sqft
Lot size
6,955 sqft
ZIP code
61820
City
Champaign
Street
Prospect Ave
Coordinates
40.12597, -88.25831
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
$483
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1007 Prospect Ave last sell?
1007 Prospect Ave most recently sold on Sep 15, 2022 for $80,500.
What is the current tax assessment for 1007 Prospect Ave?
The most recent total assessment for 1007 Prospect Ave (year 2025) is $47,320 with $3,976 in property tax.
How does 1007 Prospect Ave's assessment compare to its last sale price?
The current assessment is 41.2% below the last sale price of $80,500.
When was 1007 Prospect Ave built?
1007 Prospect Ave was built in 1987.
How does 1007 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 1007 Prospect Ave?
1007 Prospect Ave is a 3 bed, 2 bath, 1,000 sqft, 6,955 sqft lot single_family.
Is 1007 Prospect Ave a flip candidate?
No — 1007 Prospect Ave does not appear in our flips dataset.
Is 1007 Prospect Ave a tax-appeal candidate?
No — 1007 Prospect 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
+10.0%
Implied 1-yr
+39.8%
2026 Q2
$2.81M
2026 Q3
$2.98M
ZIP 61820 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Ave