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507 Prospect Ave

Champaign, IL 61820

Lot 8,276 sqft land
Most recent sale
$17,500
Nov 12, 2018

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Listing removed $21,450 MRED
Jan 12, 2022 Listed $21,450 MLS #11303045
Nov 12, 2018 Sold $17,500 MLS #10062133
Aug 24, 2018 Listed $25,000 MLS #10062133

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $7,900 $7,900 $613
2023 $7,040 $7,040 $578
2022 $5,910 $5,910 $543
2021 $5,790 $5,790 $530
2020 $5,570 $5,570 $511
2019 $5,460 $5,460 $495
2018 $5,370 $5,370 $483
2017 $5,160 $5,160 $466
2016 $5,050 $5,050 $418
2015 $4,960 $4,960 $421
2014 $4,960 $4,960 $417
2013 $4,960 $4,960 $414
2012 $5,060 $5,060 $426
2011 $5,060 $5,060 $426
2010 $5,400 $5,400 $422
2009 $5,400 $5,400 $415
2008 $5,400 $5,400 $414
2006 $4,910 $4,910 $381
2005 $4,610 $4,610 $367

Property facts

Year built
Property type
land
Stories
Beds
Baths
Living area
Lot size
8,276 sqft
ZIP code
61820
City
Champaign
Street
Prospect Ave
Coordinates
40.12095, -88.25826

Block-level micro-comps

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

Frequently asked questions

When did 507 Prospect Ave last sell?
507 Prospect Ave most recently sold on Nov 12, 2018 for $17,500.
What is the current tax assessment for 507 Prospect Ave?
The most recent total assessment for 507 Prospect Ave (year 2024) is $7,900 with $613 in property tax.
How does 507 Prospect Ave's assessment compare to its last sale price?
The current assessment is 54.9% below the last sale price of $17,500.
When was 507 Prospect Ave built?
The year built for 507 Prospect Ave is not in our records.
How does 507 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 507 Prospect Ave?
507 Prospect Ave is a 8,276 sqft lot land.
Is 507 Prospect Ave a flip candidate?
No — 507 Prospect Ave does not appear in our flips dataset.
Is 507 Prospect Ave a tax-appeal candidate?
No — 507 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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