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1407 Springfield Ave

Champaign, IL 61821

4 bd 4 ba 2,526 sqft Built 1925 Lot 28,314 sqft single_family
Most recent sale
$335,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $335,000 MLS #11391227
May 8, 2022 Price changed $349,900 MLS #11391227
May 2, 2022 Listed $385,000 MLS #11391227
Jun 30, 2020 Sold $265,000 MLS #10668599
Mar 20, 2020 Listed $274,900 MLS #10668599
Oct 19, 2015 Listing removed $294,500 ChampaignArea
Jul 22, 2015 Price changed $294,500 MLS #2151471
Jul 3, 2015 Price changed $297,900 MLS #2151471
May 18, 2015 Price changed $319,500 MLS #2151471
Apr 24, 2015 Price changed $329,900 MLS #2151471
Apr 8, 2015 Listed $349,900 MLS #2151471
Aug 8, 2005 Sold $302,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $96,630 $27,300 $123,930 $9,108
2023 $86,120 $24,330 $110,450 $8,530
2020 $68,200 $19,270 $87,470 $4,010
2019 $66,800 $18,870 $85,670 $7,762
2018 $65,750 $18,570 $84,320 $7,588
2017 $63,340 $17,890 $81,230 $7,340
2016 $62,040 $17,520 $79,560 $6,085
2015 $60,940 $17,210 $78,150 $6,122
2014 $60,940 $17,210 $78,150 $6,070
2013 $60,940 $17,210 $78,150 $6,015
2012 $62,180 $17,560 $79,740 $5,932
2011 $62,180 $17,560 $79,740 $5,683
2010 $63,580 $17,950 $81,530 $6,090
2009 $63,580 $17,950 $81,530 $5,548
2008 $63,580 $17,950 $81,530 $5,567
2006 $58,760 $16,580 $75,340 $5,189
2005 $53,650 $15,140 $68,790 $4,834

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,526 sqft
Lot size
28,314 sqft
ZIP code
61821
City
Champaign
Street
Springfield Ave
Coordinates
40.11243, -88.26983

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,010
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1407 Springfield Ave last sell?
1407 Springfield Ave most recently sold on Jun 21, 2022 for $335,000.
What is the current tax assessment for 1407 Springfield Ave?
The most recent total assessment for 1407 Springfield Ave (year 2024) is $123,930 with $9,108 in property tax.
How does 1407 Springfield Ave's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $335,000.
When was 1407 Springfield Ave built?
1407 Springfield Ave was built in 1925.
How does 1407 Springfield Ave compare to others on Springfield Ave?
We track 8 other properties on Springfield Ave. Browse the list under "Other properties on Springfield Ave" to compare beds, baths, and sale history.
What are the property facts for 1407 Springfield Ave?
1407 Springfield Ave is a 4 bed, 4 bath, 2,526 sqft, 28,314 sqft lot single_family.
Is 1407 Springfield Ave a flip candidate?
Yes — 1407 Springfield Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1407 Springfield Ave a tax-appeal candidate?
No — 1407 Springfield 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
-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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