$12,500
SOLD JAN 22, 2026
0 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

$10 Per Sq Ft

17% Below List Price

237 Days on Market

About This Lot

As of January 2026

Exciting opportunity awaits at 507 E Washington St in Champaign! This versatile lot offers endless possibilities - envision building your dream single-family home, a duplex for added income potential, or creating a beautiful community garden for neighborhood enjoyment. Ideally located near downtown amenities, parks, and schools, this property combines convenience with flexibility for a range of future uses. Whether you're an investor, builder, or community visionary, this lot is ready for your inspiration. Don't miss out on the chance to shape the future of this fantastic location!

Last Agent to Sell the Property

Carol Meinhart

The Real Estate Group,Inc Brokerage Phone: (217) 840-3328 License #475127814 Listed on: 02/11/2025

The Real Estate Group,Inc

Last Buyer's Agent

Freddie Williams

The Real Estate Group,Inc License #475215527

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $211

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Additional Features

  • Lot Dimensions are 68x118x65x133
  • Electricity To Lot Line

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$211

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: None
  • General Information: None
  • Legal Description: LOT PT 3 BLOCK 29 SEMINARY ADD
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (217) 840-3328
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Laundry Features: None
  • Utilities: Electric to Site, Natural Gas Available

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 68X118X65X133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 211
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2009
Sold by
Harden James
Bought by
Illinois Power Company and Ameren Ip

Purchase Details

Closed on
Oct 17, 2005
Sold by
Mahogany Enterprises Llc
Bought by
Harden James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
10.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 15, 2005
Sold by
Huntt Roland
Bought by
Mahogany Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
10.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2005
Sold by
Household Finance Corp Iii
Bought by
Huntt Roland A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Wilkerson Donna M
Bought by
Household Finance Corp Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $66,000 None Available
Warranty Deed $73,000 --
Warranty Deed -- --
Corporate Deed $27,000 --
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,700 Fannie Mae Freddie Mac
Previous Owner $42,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2026 01/22/26 Sold $12,500 -16.7% $10 / Sq Ft
10/06/2025 10/06/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $15,000 -- $11 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $211 $2,570 $2,570 --
2023 $211 $2,340 $2,340 $0
2022 $199 $2,160 $2,160 $0
2021 $194 $2,120 $2,120 $0
2020 $199 $2,170 $2,170 $0
2019 $193 $2,130 $2,130 $0
2018 $189 $2,100 $2,100 $0
2017 $190 $2,100 $2,100 $0
2016 $170 $2,060 $2,060 $0
2015 $171 $2,020 $2,020 $0
2014 $170 $2,020 $2,020 $0
2013 $168 $2,020 $2,020 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12200073

Midwest Real Estate Data (MRED)

APN: 46-21-07-330-005