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2602 Southwood Dr

Champaign, IL 61821

3 bd 2 ba 1,722 sqft Built 1988 Lot 9,000 sqft single_family
Most recent sale
$226,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $226,000 MLS #11463297
Jul 13, 2022 Listed $219,999 MLS #11463297

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $70,000 $21,790 $91,790 $7,209
2024 $70,000 $21,790 $91,790 $6,611
2023 $62,390 $19,420 $81,810 $6,178
2022 $52,420 $16,320 $68,740 $5,309
2021 $51,390 $16,000 $67,390 $5,162
2020 $49,410 $15,380 $64,790 $4,932
2019 $48,390 $15,060 $63,450 $4,752
2018 $47,630 $14,820 $62,450 $4,630
2017 $47,630 $14,820 $62,450 $4,649
2016 $46,650 $14,510 $61,160 $4,149
2015 $45,820 $14,250 $60,070 $4,164
2014 $45,820 $14,250 $60,070 $4,128
2013 $45,820 $14,250 $60,070 $4,091
2012 $46,750 $14,540 $61,290 $4,112
2011 $46,750 $14,540 $61,290 $2,161
2010 $48,330 $15,030 $63,360 $3,973
2009 $48,330 $15,030 $63,360 $2,060
2008 $48,330 $15,030 $63,360 $3,929
2006 $45,380 $14,120 $59,500 $3,748
2005 $42,660 $13,280 $55,940 $3,618

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,722 sqft
Lot size
9,000 sqft
ZIP code
61821
City
Champaign
Street
Southwood Dr
Coordinates
40.09345, -88.28979

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
$1,356
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2602 Southwood Dr last sell?
2602 Southwood Dr most recently sold on Aug 31, 2022 for $226,000.
What is the current tax assessment for 2602 Southwood Dr?
The most recent total assessment for 2602 Southwood Dr (year 2025) is $91,790 with $7,209 in property tax.
How does 2602 Southwood Dr's assessment compare to its last sale price?
The current assessment is 59.4% below the last sale price of $226,000.
When was 2602 Southwood Dr built?
2602 Southwood Dr was built in 1988.
How does 2602 Southwood Dr compare to others on Southwood Dr?
We track 8 other properties on Southwood Dr. Browse the list under "Other properties on Southwood Dr" to compare beds, baths, and sale history.
What are the property facts for 2602 Southwood Dr?
2602 Southwood Dr is a 3 bed, 2 bath, 1,722 sqft, 9,000 sqft lot single_family.
Is 2602 Southwood Dr a flip candidate?
No — 2602 Southwood Dr does not appear in our flips dataset.
Is 2602 Southwood Dr a tax-appeal candidate?
No — 2602 Southwood 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
-2.0%
Implied 1-yr
-7.8%
2026 Q3
$204.2K
2026 Q4
$199.7K
ZIP 61821 — Median Price History + Forecast

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