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Single Family ResidenceResidential
$249,089
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 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $138,500 on Nov 27, 2015

505 COREY LN

CHAMPAIGN, IL 61822
0
Baths
1
StoriesHow many floors the home has above ground.

Valuation

$249K
$241K low$257K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$138,500 · Nov 27, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,297 (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.$60,280 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$14,550
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$45,730
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$54,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$180,840

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
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(2)

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
Franklin Middle SchoolC
Middle · Grades 6–8 · 1.8 mi
E
Stratton Elementary SchoolD
Elementary · Grades KG–5 · 1.9 mi
H
Central High SchoolC
High · Grades 9–12 · 2.4 mi

District: Champaign Community Unit School District 4

Neighborhood · ZIP 61822These 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.59
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 100.49

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.27,406
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.258 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,523
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,936
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

505 Corey Ln 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.

  • Worth less than 76% of homes in Champaign 61822

What homes are worth in Champaign 61822

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

This home
$130K$808K

This home is worth more than 24% of homes in Champaign 61822.

How it measures up in Champaign 61822

The dot is this home. The mark in the middle is the typical home in Champaign 61822.

Estimated value$249,089
CheaperTypical $343,394Pricier

Pricier than 24% of homes nearby

How 505 Corey Ln ranks against every home in each area.
MeasureThis homeChampaign 61822Champaign County
Estimated valuepricier than$249,08924% of homes56% of homes

About 505 Corey Ln

How much is 505 Corey Ln, Champaign, IL worth?

The TopHap Estimate for 505 Corey Ln, Champaign, IL is $249,089 as of Jul 14, 2026. The likely range is $240,713 to $257,465. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Corey Ln, Champaign, IL last sell?

505 Corey Ln, Champaign, IL last sold on Nov 27, 2015 for $138,500, according to the county's recorded deed.

What schools serve 505 Corey Ln, Champaign, IL?

505 Corey Ln, Champaign, IL is assigned to Franklin Middle School (middle), rated C; 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 505 Corey Ln, Champaign, IL?

The 2024 property tax bill for 505 Corey Ln, Champaign, IL was $4,297. The county assessed it at $60,280.

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