NOT LISTED FOR SALE

502 E Springfield Ave Champaign, IL 61820

Estimated Value: $2,751,000

3 Beds
-- Bath
1,153 Sq Ft
$2,386/Sq Ft Est. Value

About This Home

Internet included with the rent
Private Balconies on All Units
Stainless Steel Appliance Package
Granite Counter Tops
Awesome Location Near the Engineering Quad
Fully Furnished
Full-Size Beds
Huge Sectional Couch in Living Room
In-Unit Laundry
All Units Have Been Remodeled
Plank Flooring
High-End Finishes
Covered and Uncovered Parking Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2019
Sold by
Busey Bank
Bought by
Stilts Owner Llc
Current Estimated Value
$2,751,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,137,500
Outstanding Balance
$5,373,969
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
-$2,622,969
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stilts Owner Llc $5,528,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stilts Owner Llc $6,137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 For Rent $1,875 0.0% --
06/07/2022 06/07/22 For Rent $1,875 0.0% --
05/18/2022 05/18/22 For Rent $1,875 -- --

Tax History Compared to Growth

Source: Public Records

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 $53,473 $651,080 $63,460 $587,620
2023 $53,473 $592,970 $57,800 $535,170
2022 $50,303 $547,020 $53,320 $493,700
2021 $46,315 $505,930 $49,310 $456,620
2020 $44,178 $481,840 $46,960 $434,880
2019 $42,758 $471,930 $45,990 $425,940
2018 $41,798 $464,500 $45,270 $419,230
2017 $41,972 $464,500 $45,270 $419,230
2016 $37,632 $454,950 $44,340 $410,610
2015 $69,521 $446,910 $43,560 $403,350
2014 $34,760 $413,200 $9,850 $403,350
2013 $34,448 $413,200 $9,850 $403,350
Source: Public Records

Map

Illinois Champaign County Champaign 61820

502 E Springfield Ave, Champaign, IL

Not Listed for Sale

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