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505 Prospect Ave

Champaign, IL 61820

4 bd 2 ba 1,624 sqft Built 1941 Lot 8,400 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,630 $17,680 $58,310 $4,900
2024 $40,630 $17,680 $58,310 $4,532
2023 $36,210 $15,760 $51,970 $4,268
2022 $52,290 $13,240 $65,530 $6,026
2021 $51,260 $12,980 $64,240 $5,331
2020 $49,290 $12,480 $61,770 $5,113
2019 $48,280 $12,220 $60,500 $4,937
2018 $47,520 $12,030 $59,550 $4,818
2017 $45,690 $11,570 $57,260 $4,631
2016 $44,750 $11,330 $56,080 $4,142
2015 $43,960 $11,130 $55,090 $4,165
2014 $43,960 $11,130 $55,090 $4,129
2013 $43,960 $11,130 $55,090 $4,092
2012 $44,860 $11,360 $56,220 $4,026
2011 $44,860 $11,360 $56,220 $3,856
2010 $45,870 $11,610 $57,480 $3,832
2009 $45,870 $11,610 $57,480 $3,768
2008 $45,870 $11,610 $57,480 $3,792
2006 $43,070 $10,900 $53,970 $3,389
2005 $39,480 $9,990 $49,470 $3,141

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,624 sqft
Lot size
8,400 sqft
ZIP code
61820
City
Champaign
Street
Prospect Ave
Coordinates
40.11119, -88.25815

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 505 Prospect Ave last sell?
No public-record sale is on file for 505 Prospect Ave.
What is the current tax assessment for 505 Prospect Ave?
The most recent total assessment for 505 Prospect Ave (year 2025) is $58,310 with $4,900 in property tax.
When was 505 Prospect Ave built?
505 Prospect Ave was built in 1941.
How does 505 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 505 Prospect Ave?
505 Prospect Ave is a 4 bed, 2 bath, 1,624 sqft, 8,400 sqft lot single_family.
Is 505 Prospect Ave a flip candidate?
No — 505 Prospect Ave does not appear in our flips dataset.
Is 505 Prospect Ave a tax-appeal candidate?
No — 505 Prospect 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
+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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