1503 Summit Ridge Rd Champaign, IL 61821
Garden Hills NeighborhoodEstimated payment $903/month
Highlights
- Living Room
- Laundry Room
- Central Air
- Centennial High School Rated A-
- 1-Story Property
- 1-minute walk to Dodds Park
About This Home
Fantastic investment opportunity on Summit Ridge! This property is tenant-occupied, making it a turn-key addition to your portfolio. Well-maintained and in a convenient Champaign location, it offers steady rental income with strong potential for long-term growth. Whether you're a seasoned investor or just starting out, this is a great property to add to your holdings.
Listing Agent
The Real Estate Group,Inc Brokerage Phone: (217) 840-3328 License #475127814 Listed on: 09/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,378
Year Built
- Built in 1961
Lot Details
- Lot Dimensions are 65 x 100
Interior Spaces
- 1,048 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Parking Included in Price
Schools
- Unit 4 Of Choice Elementary School
- Champaign/Middle Call Unit 4 351
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,790 | $21,800 | $6,610 | $15,190 |
| 2023 | $1,790 | $19,850 | $6,020 | $13,830 |
| 2022 | $1,684 | $18,310 | $5,550 | $12,760 |
| 2021 | $1,643 | $17,950 | $5,440 | $12,510 |
| 2020 | $1,646 | $17,950 | $5,440 | $12,510 |
| 2019 | $1,593 | $17,580 | $5,330 | $12,250 |
| 2018 | $1,558 | $17,310 | $5,250 | $12,060 |
| 2017 | $1,616 | $17,880 | $5,420 | $12,460 |
| 2016 | $1,448 | $17,510 | $5,310 | $12,200 |
| 2015 | $1,459 | $17,200 | $5,220 | $11,980 |
| 2014 | $1,447 | $17,200 | $5,220 | $11,980 |
| 2013 | $1,434 | $17,200 | $5,220 | $11,980 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | For Sale | $149,900 | +62.9% | $143 / Sq Ft | |
| 10/13/2021 10/13/21 | Sold | $92,000 | -8.0% | $88 / Sq Ft | View Prior Sale |
| 09/11/2021 09/11/21 | Pending | -- | -- | -- | |
| 09/04/2021 09/04/21 | For Sale | $100,000 | -- | $95 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | None Available | |
| Special Warranty Deed | $45,000 | Atgf Inc | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $50,000 | Downstate Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,000 | Commercial | |
| Previous Owner | $48,000 | Credit Line Revolving | |
| Previous Owner | $51,500 | Purchase Money Mortgage |
About the Listing Agent
Carol Meinhart has been actively involved in the Real Estate industry since 2006. She is a graduate of Lake Land College with an AA in Business Management. Carol’s professionalism, her service and loyalty to her clients, and her desire to accommodate both the buyer and the seller, elevate her to the top of her profession. Accolades include Local, State and National awards. Her local memberships and affiliations propel her to being one of the top Realtors in the area. Carol has an intricate
Carol's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12452174
APN: 41-20-02-304-029
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