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Single Family ResidenceResidential
$710,424
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $690,000 on Jan 9, 2024

407 LAKE FALLS BLVD

SAVOY, IL 61874
0
Baths
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$710K
$678K low$743K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$690,000 · Jan 9, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$17,326 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$242,120 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$36,780
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$205,340
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$223,970
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$726,360

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCHAMPAIGN
Lot (acres)The size of the land the home sits on, from county records.0.23
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Carrie Busey Elementary SchoolB
Elementary · Grades KG–5 · 1.1 mi
M
Jefferson Middle SchoolD+
Middle · Grades 6–8 · 4.7 mi
H
Central High SchoolB
High · Grades 9–12 · 5.2 mi

District: Champaign Community Unit School District 4

Neighborhood · ZIP 61874These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.97
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.50

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.7,736
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,124 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$103,066
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$118,251
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

407 Lake Falls Blvd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Champaign County
  • Has a bigger lot than 67% of homes in Savoy 61874

What homes are worth in Savoy 61874

Each bar is how many homes fall in that price range. The marker is this home.

This home
$141K$698K

This home is worth more than 98% of homes in Savoy 61874.

How it measures up in Savoy 61874

The dot is this home. The mark in the middle is the typical home in Savoy 61874.

Estimated value$710,424
CheaperTypical $344,510Pricier

Pricier than 98% of homes nearby

Lot size0.23 ac
SmallerTypical 0.2 acBigger

Bigger than 67% of homes nearby

How 407 Lake Falls Blvd ranks against every home in each area.
MeasureThis homeSavoy 61874Champaign County
Estimated valuepricier than$710,42498% of homesalmost all homes
Lot sizebigger than0.23 ac67% of homes55% of homes

About 407 Lake Falls Blvd

How much is 407 Lake Falls Blvd, Savoy, IL worth?

The TopHap Estimate for 407 Lake Falls Blvd, Savoy, IL is $710,424 as of Sep 24, 2026. The likely range is $678,241 to $742,607. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 407 Lake Falls Blvd, Savoy, IL last sell?

407 Lake Falls Blvd, Savoy, IL last sold on Jan 9, 2024 for $690,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

What schools serve 407 Lake Falls Blvd, Savoy, IL?

407 Lake Falls Blvd, Savoy, IL is assigned to Carrie Busey Elementary School (elementary), rated B; Jefferson Middle School (middle), rated D+; Central High School (high), rated B. All sit in Champaign Community Unit School District 4. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 407 Lake Falls Blvd, Savoy, IL compare to other homes in Savoy 61874?

Among the 2,351 homes in Savoy 61874, it is worth more than 98% of them ($710,424 against a typical $344,510) and its lot is bigger than 67% of them (0.23 ac against a typical 0.2 ac). Measured against all of Champaign County, it is worth more than almost all homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 407 Lake Falls Blvd, Savoy, IL?

The 2025 property tax bill for 407 Lake Falls Blvd, Savoy, IL was $17,326. The county assessed it at $242,120.

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