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1409 Theodore Dr

Champaign, IL 61821

3 bd 2 ba 1,737 sqft Built 1989 multi_family
Most recent sale
$227,500
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $227,500 MLS #11417424
Jun 24, 2022 Listed $225,000 MLS #11417424
Nov 10, 2020 Sold $179,000 MLS #10787430
Sep 18, 2020 Listed $182,500 MLS #10787430
May 15, 2006 Sold $191,000 Public Record
Oct 8, 2002 Sold $172,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $73,510 $19,070 $92,580 $6,855
2024 $73,510 $19,070 $92,580 $6,236
2023 $65,520 $17,000 $82,520 $5,784
2022 $55,050 $14,280 $69,330 $5,823
2021 $53,970 $14,000 $67,970 $5,673
2020 $51,890 $13,460 $65,350 $5,442
2019 $50,820 $13,180 $64,000 $4,802
2018 $50,020 $12,970 $62,990 $4,678
2017 $48,100 $12,470 $60,570 $4,479
2016 $47,110 $12,210 $59,320 $3,997
2015 $46,280 $11,990 $58,270 $4,011
2014 $46,280 $11,990 $58,270 $3,977
2013 $46,280 $11,990 $58,270 $3,941
2012 $47,220 $12,230 $59,450 $3,964
2011 $47,220 $12,230 $59,450 $3,987
2010 $50,290 $13,030 $63,320 $3,970
2009 $50,290 $13,030 $63,320 $3,903
2008 $50,290 $13,030 $63,320 $4,061
2006 $50,730 $12,590 $63,320 $4,286
2005 $48,310 $11,990 $60,300 $4,173

Property facts

Year built
1989
Property type
multi_family
Stories
1
Beds
3
Baths
2
Living area
1,737 sqft
Lot size
ZIP code
61821
City
Champaign
Street
Theodore Dr
Coordinates
40.09109, -88.27076

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
$1,365
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1409 Theodore Dr last sell?
1409 Theodore Dr most recently sold on Aug 3, 2022 for $227,500.
What is the current tax assessment for 1409 Theodore Dr?
The most recent total assessment for 1409 Theodore Dr (year 2025) is $92,580 with $6,855 in property tax.
How does 1409 Theodore Dr's assessment compare to its last sale price?
The current assessment is 59.3% below the last sale price of $227,500.
When was 1409 Theodore Dr built?
1409 Theodore Dr was built in 1989.
How does 1409 Theodore Dr compare to others on Theodore Dr?
We track 8 other properties on Theodore Dr. Browse the list under "Other properties on Theodore Dr" to compare beds, baths, and sale history.
What are the property facts for 1409 Theodore Dr?
1409 Theodore Dr is a 3 bed, 2 bath, 1,737 sqft multi_family.
Is 1409 Theodore Dr a flip candidate?
Yes — 1409 Theodore Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1409 Theodore Dr a tax-appeal candidate?
No — 1409 Theodore 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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