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Multi-Family Dwellings (Generic, Any Combination)Residential
Last sold for $9,000,000 on Jul 14, 2023

502 E SPRINGFIELD AVE

CHAMPAIGN, IL 61820
0
Baths

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$9,000,000 · Jul 14, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,766 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$31,720 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$31,720
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$28,890
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$95,160

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Multi-Family Dwellings (Generic, Any Combination)
CountyChampaign
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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.

M
Edison Middle SchoolB-
Middle · Grades 6–8 · 0.9 mi
E
Stratton Elementary SchoolD
Elementary · Grades KG–5 · 1.1 mi
H
Central High SchoolC
High · Grades 9–12 · 1.2 mi

District: Champaign Community Unit School District 4

Neighborhood · ZIP 61820These 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.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.38%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.41,375
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7,160 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$37,027
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$50,653
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.

About 502 E Springfield Ave

When did 502 E Springfield Ave, Champaign, IL last sell?

502 E Springfield Ave, Champaign, IL last sold on Jul 14, 2023 for $9,000,000, according to the county's recorded deed.

What schools serve 502 E Springfield Ave, Champaign, IL?

502 E Springfield Ave, Champaign, IL is assigned to Edison Middle School (middle), rated B-; Stratton Elementary School (elementary), rated D; Central High School (high), rated C. All sit in Champaign Community Unit School District 4. Attendance boundaries change — confirm with the district before relying on an assignment.

What are the property taxes on 502 E Springfield Ave, Champaign, IL?

The 2024 property tax bill for 502 E Springfield Ave, Champaign, IL was $2,766. The county assessed it at $31,720.

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