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Single Family ResidenceResidential
$244,421
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 96How 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 $142,500 on Oct 17, 2016

507 COREY LN

CHAMPAIGN, IL 61822
0
Baths
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$244K
$234K low$255K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$142,500 · Oct 17, 2016
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$93,421
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$74,737
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.58%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$116,000
BUSEY BANK · 2.12% 2 · recorded Jun 22, 2021
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$35,000
UNIVERSITY OF ILLINOIS COMMUNITY CU

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,753 (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.$67,880 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$15,890
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$51,990
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$60,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$203,640

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.0.12
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.

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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

507 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 78% of homes in Champaign 61822
  • Has a smaller lot than 87% of homes in Champaign County

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
$131K$790K

This home is worth more than 22% 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$244,421
CheaperTypical $340,924Pricier

Pricier than 22% of homes nearby

Lot size0.12 ac
SmallerTypical 0.23 acBigger

Bigger than 22% of homes nearby

How 507 Corey Ln ranks against every home in each area.
MeasureThis homeChampaign 61822Champaign County
Estimated valuepricier than$244,42122% of homes54% of homes
Lot sizebigger than0.12 ac22% of homes13% of homes

About 507 Corey Ln

How much is 507 Corey Ln, Champaign, IL worth?

The TopHap Estimate for 507 Corey Ln, Champaign, IL is $244,421 as of Jul 14, 2026. The likely range is $234,149 to $254,693. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 507 Corey Ln, Champaign, IL last sell?

507 Corey Ln, Champaign, IL last sold on Oct 17, 2016 for $142,500, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

What schools serve 507 Corey Ln, Champaign, IL?

507 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.

How does 507 Corey Ln, Champaign, IL compare to other homes in Champaign 61822?

Among the 8,396 homes in Champaign 61822, it is worth more than 22% of them ($244,421 against a typical $340,924) and its lot is bigger than 22% of them (0.12 ac against a typical 0.23 ac). Measured against all of Champaign County, it is worth more than 54% of 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 507 Corey Ln, Champaign, IL?

The 2024 property tax bill for 507 Corey Ln, Champaign, IL was $4,753. The county assessed it at $67,880.

Closest homes

More homes in Champaign 61822

Assigned schools

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