SoldForeclosure942d on market
505 S Prospect Ave
Champaign, IL, 61820 • 61820 • Champaign County
$142,000
$87/sqft
4Beds
2Baths
1,624Sqft
0.19 acLot
1941Built
Property DNA
Character Home
Built 1941 · 85 years of history
2 Fireplaces
Living Room · Basement
2-Car Garage
On Site · Garage Owned · Detached · Garage
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
942 days on market
Established listing
$87/sqft
Price per square foot
About this home
Single Family · Built 1941
What a beauty this was! She has seen hard times in the past few years. There are hardwood floors in all the rooms except the kitchen and bathrooms. An attractive corner cabinet still highlights the dining room. The galley kitchen has a small dining area at the end. Upstairs are 2 dormer bedrooms plus a half bath. The two car garage is oversized with easy access from the rear of the house. She could be great again....
Estimated monthly payment
Based on current rates
$936/month
Principal & Interest$746
Property Tax$142
Insurance$47
Down payment20% ($28,400)
3%50%
Est. 6.88% rate · 30yr fixed · $113,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1941
HeatingNatural Gas
CoolingSmall Duct High Velocity
Parking2 Garage spaces
Lot8,400 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1941
Stories1
Systems
HeatingNatural Gas
CoolingSmall Duct High Velocity
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Detached, Garage
Garage2 spaces
BasementUnfinished,Full
Fireplaces2
Lot8,400 sqft
Location & Tax
Neighborhood61820
Annual tax$6,026
Parcel432014233011
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Heating
Natural Gas
Cooling
Small Duct High Velocity
Fireplace
Living Room
Basement
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Garage Owned
Detached
Garage
Construction
Vinyl Siding
Room details
19 rooms detailed
Master Bedroom
Main14×14 ft196 sqft
Flooring (Hardwood)
Bedroom2
Main12×10 ft120 sqft
Flooring (Hardwood)
Bedroom3
Second14×12 ft168 sqft
Flooring (Hardwood)
Bedroom4
Second10×12 ft120 sqft
Flooring (Hardwood)
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market942
Est. value$247,000
Est. rent$1,867/mo
Tax rate2.17%
Price/sqft$87
On marketAug 4, 2023
PostedAug 4, 2023
Last sold$142,000
MLS statusClosed
MLS updatedSep 22, 2023
Tour days6
Views6
How are the schools in Champaign?
3 schools rated nearby
Location
Champaign, IL, 61820
Price history
11 events
DateEventPrice$/sqftSource
Nov 1, 2024Listing Removed$284,000$175MRED as distributed by MLS GRID
Sep 26, 2024Price Change$284,000$175MRED as distributed by MLS GRID
Sep 5, 2024Listed For Sale$289,000$178MRED as distributed by MLS GRID
Aug 11, 2024Listing Removed——MRED as distributed by MLS GRID
Jul 12, 2024Listed For Sale$289,000$178MRED as distributed by MLS GRID
Jul 3, 2024Listing Removed——MRED as distributed by MLS GRID
Jun 14, 2024Price Change$294,900$182MRED as distributed by MLS GRID
May 9, 2024Listed For Sale$299,000$184MRED as distributed by MLS GRID
Sep 8, 2023Sold$142,000$87MRED as distributed by MLS GRID
Jun 4, 2010Listing Removed$164,900$102Keller Williams Realty The Real Estate Center
Nov 16, 2009Listed For Sale$164,900$102Keller Williams - Champaign
Listing Removed$284,000
Nov 1, 2024•$175/sqft•MRED as distributed by MLS GRID
Price Change$284,000
Sep 26, 2024•$175/sqft•MRED as distributed by MLS GRID
Listed For Sale$289,000
Sep 5, 2024•$178/sqft•MRED as distributed by MLS GRID
Listing Removed—
Aug 11, 2024•MRED as distributed by MLS GRID
Listed For Sale$289,000
Jul 12, 2024•$178/sqft•MRED as distributed by MLS GRID
Listing Removed—
Jul 3, 2024•MRED as distributed by MLS GRID
Price Change$294,900
Jun 14, 2024•$182/sqft•MRED as distributed by MLS GRID
Listed For Sale$299,000
May 9, 2024•$184/sqft•MRED as distributed by MLS GRID
Sold$142,000
Sep 8, 2023•$87/sqft•MRED as distributed by MLS GRID
Listing Removed$164,900
Jun 4, 2010•$102/sqft•Keller Williams Realty The Real Estate Center
Listed For Sale$164,900
Nov 16, 2009•$102/sqft•Keller Williams - Champaign
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$4,532$51,970
Apr 8, 2023$4,268$47,330
Apr 8, 2022$6,026$65,530
Apr 8, 2021$5,332$64,240
Apr 8, 2020$5,113$61,770
Apr 8, 2019$4,819$60,500
Apr 8, 2018$4,819$59,550
Apr 8, 2017$4,632$57,260
Apr 8, 2016$4,142$56,080
Apr 8, 2015$4,142$55,090
Apr 8, 2014$4,130$55,090
Apr 8, 2013$4,093$55,090
Apr 8, 2012$4,026$56,220
Apr 8, 2011$3,857$56,220
Apr 8, 2010$3,833$57,480
Apr 8, 2009—$57,480
Apr 8, 2008—$57,480
Apr 8, 2007$3,673$55,860
Apr 8, 2006$3,389$53,970
Apr 8, 2005$3,141$49,470
Apr 8, 2004$2,837$47,610
Apr 8, 2003$2,775$43,340
Apr 8, 2002$2,589$37,130
Apr 8, 2001$2,451$35,520
Apr 8, 2000$2,289$33,430
Nearby homes
Neighborhood details
Local context around this listing
Champaign, IL • Champaign County
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
6181561820618216182261824618256182661874
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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