503 Prospect Ave
Champaign, IL 61820
3 bd 3 ba 1,748 sqft Built 1943 Lot 6,963 sqft single_family
Most recent sale
$195,000
Aug 7, 2020
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2024 | Listed | $258,000 | MRED |
| Aug 7, 2020 | Sold | $195,000 | MRED |
| Jun 24, 2020 | Listed | $197,500 | MRED |
| Jul 6, 2018 | Sold | $185,000 | MRED |
| May 3, 2018 | Listed | $189,900 | MRED |
| Jul 29, 2014 | Sold | $176,500 | Public Record |
| Jun 13, 2014 | Listing removed | $184,900 | ChampaignArea |
| May 9, 2014 | Listing removed | $184,900 | ChampaignArea |
| Nov 4, 2013 | Relisted | $189,900 | ChampaignArea |
| Aug 6, 2013 | Listing removed | $189,900 | ChampaignArea |
| Jul 17, 2013 | Price changed | $189,900 | ChampaignArea |
| Jun 6, 2013 | Price changed | $196,900 | ChampaignArea |
| Apr 9, 2013 | Listed | $199,900 | ChampaignArea |
| May 18, 2006 | Sold | $179,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $72,510 | $14,250 | $86,760 | $6,786 |
| 2024 | $72,510 | $14,250 | $86,760 | $6,220 |
| 2023 | $64,630 | $12,700 | $77,330 | $5,810 |
| 2022 | $54,300 | $10,670 | $64,970 | $5,422 |
| 2021 | $53,240 | $10,460 | $63,700 | $5,282 |
| 2020 | $51,190 | $10,060 | $61,250 | $5,065 |
| 2019 | $50,140 | $9,850 | $59,990 | $4,891 |
| 2018 | $49,350 | $9,690 | $59,040 | $4,772 |
| 2017 | $47,450 | $9,320 | $56,770 | $4,587 |
| 2016 | $46,470 | $9,130 | $55,600 | $4,102 |
| 2015 | $45,650 | $8,970 | $54,620 | $4,125 |
| 2014 | $45,650 | $8,970 | $54,620 | $4,090 |
| 2013 | $45,650 | $8,970 | $54,620 | $4,053 |
| 2012 | $46,580 | $9,150 | $55,730 | $3,986 |
| 2011 | $46,580 | $9,150 | $55,730 | $3,819 |
| 2010 | $47,630 | $9,360 | $56,990 | $3,796 |
| 2009 | $47,630 | $9,360 | $56,990 | $3,732 |
| 2008 | $47,630 | $9,360 | $56,990 | $3,756 |
| 2006 | $44,720 | $8,790 | $53,510 | $3,565 |
| 2005 | $40,990 | $8,060 | $49,050 | $1,108 |
Property facts
Year built
1943
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,748 sqft
Lot size
6,963 sqft
ZIP code
61820
City
Champaign
Street
Prospect Ave
Coordinates
40.11135, -88.25815
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 503 Prospect Ave last sell?
503 Prospect Ave most recently sold on Aug 7, 2020 for $195,000.
What is the current tax assessment for 503 Prospect Ave?
The most recent total assessment for 503 Prospect Ave (year 2025) is $86,760 with $6,786 in property tax.
How does 503 Prospect Ave's assessment compare to its last sale price?
The current assessment is 55.5% below the last sale price of $195,000.
When was 503 Prospect Ave built?
503 Prospect Ave was built in 1943.
How does 503 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 503 Prospect Ave?
503 Prospect Ave is a 3 bed, 3 bath, 1,748 sqft, 6,963 sqft lot single_family.
Is 503 Prospect Ave a flip candidate?
No — 503 Prospect Ave does not appear in our flips dataset.
Is 503 Prospect Ave a tax-appeal candidate?
No — 503 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