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720 Southwest Dr

Champaign, IL 61820

3 bd 2 ba 1,661 sqft Built 1954 Lot 10,019 sqft single_family
Most recent sale
$185,900
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $185,900 MLS #11359062
Mar 29, 2022 Listed $174,900 MLS #11359062
Aug 29, 2017 Sold $135,000 MLS #09672184
Aug 28, 2017 Relisted $135,000 MLS #09672184
Aug 27, 2017 Listing removed $135,000 MRED
Jun 30, 2017 Listed $135,000 MLS #09672184
Jul 15, 2013 Sold $129,000 Public Record
May 8, 2013 Listing removed $134,900 ChampaignArea
Apr 18, 2013 Price changed $134,900 MLS #2132135
Mar 15, 2013 Listed $137,900 MLS #2132135
Jul 19, 2004 Sold $125,000 Public Record
Jun 22, 2001 Sold $105,000 Public Record
Sep 8, 1992 Sold $38,660 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $46,870 $22,470 $69,340 $4,866
2023 $41,770 $20,030 $61,800 $4,534
2022 $35,090 $16,830 $51,920 $4,222
2021 $34,400 $16,500 $50,900 $4,110
2020 $34,400 $16,500 $50,900 $4,117
2019 $33,690 $16,160 $49,850 $3,972
2018 $33,160 $15,910 $49,070 $3,875
2017 $31,880 $15,300 $47,180 $3,721
2016 $31,220 $14,980 $46,200 $3,325
2015 $30,670 $14,710 $45,380 $3,341
2014 $30,670 $14,710 $45,380 $3,312
2013 $30,670 $14,710 $45,380 $3,283
2012 $31,300 $15,010 $46,310 $3,231
2011 $31,300 $15,010 $46,310 $3,284
2010 $33,700 $16,170 $49,870 $3,266
2009 $33,700 $16,170 $49,870 $3,211
2008 $33,700 $16,170 $49,870 $3,236
2006 $30,440 $14,600 $45,040 $2,942
2005 $28,170 $13,510 $41,680 $2,768

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,661 sqft
Lot size
10,019 sqft
ZIP code
61820
City
Champaign
Street
Southwest Dr
Coordinates
40.09614, -88.25677

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
$1,115
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 720 Southwest Dr last sell?
720 Southwest Dr most recently sold on May 16, 2022 for $185,900.
What is the current tax assessment for 720 Southwest Dr?
The most recent total assessment for 720 Southwest Dr (year 2024) is $69,340 with $4,866 in property tax.
How does 720 Southwest Dr's assessment compare to its last sale price?
The current assessment is 62.7% below the last sale price of $185,900.
When was 720 Southwest Dr built?
720 Southwest Dr was built in 1954.
How does 720 Southwest Dr compare to others on Southwest Dr?
We track 4 other properties on Southwest Dr. Browse the list under "Other properties on Southwest Dr" to compare beds, baths, and sale history.
What are the property facts for 720 Southwest Dr?
720 Southwest Dr is a 3 bed, 2 bath, 1,661 sqft, 10,019 sqft lot single_family.
Is 720 Southwest Dr a flip candidate?
No — 720 Southwest Dr does not appear in our flips dataset.
Is 720 Southwest Dr a tax-appeal candidate?
No — 720 Southwest Dr 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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