1503 Summit Ridge Rd

$149,900
Price
4
Beds
1,048 Sq. Ft.
$143 / Sq. Ft.
1,048
Sq. Ft.
$143
per Sq. Ft.

Description

Fantastic investment opportunity on Summit Ridge! This property is tenant-occupied, making it a turn-key addition to your portfolio. Well-maintained and in a convenient Champaign location, it offers steady rental income with strong potential for long-term growth. Whether you're a seasoned investor or just starting out, this is a great property to add to your holdings.Fantastic investment opportunity on Summit Ridge! This property is tenant-occupied, making it a turn-key addition to your portfolio. Well-maintained and in a convenient Champaign location, it offers steady rental income with strong potential for long-term growth. Whether you're a seasoned investor or just starting out, this is a great property to add to your holdings.
  1. Listed by Carol Meinhart • The Real Estate Group,Inc
    P: (217)-840-3328 C: (217)-840-3328 carol@sellinghomes24-7.com

Property Details for 1503 Summit Ridge Road

Area
Champaign, Savoy
Township
City of Champa
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas
LISTING UPDATED: 10/14/2025 12:22 PM

Property Details for 1503 Summit Ridge Road

StatusActive
MLS #12452174
Days on Market98
Taxes$1,378 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1 Story
Year Built1961
Lot Size0.15 AC / 6,500 SF
CountyChampaign County

Location

Listing Courtesy of The Real Estate Group,Inc
Add your commute

Building Information for 1503 Summit Ridge Road

Stories-Year Built1961Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$856 per month

30 year fixed, 6.28% Interest

Principal and Interest

$741

Property Taxes

$115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1503 Summit Ridge Road

General Information
School Information
  • Elementary School District: 4
  • Elementary School: Unit 4 Of Choice
  • Jr High Middle School: Champaign/Middle Call Unit 4 351
  • High School District: 4
  • High School: Central High School
  • Middle Or Junior School District: 4
Addtl Parking Information
  • Parking Details: On Site, Owned
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 6
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 4
  • Air Conditioning: Central Air
  • Basement Sq Ft: 0
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 1.0
Exterior Features
  • Type: 1 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Type Detached: 1 Story
  • Total Sq Ft: 1048
  • Aprox Total Finished Sq Ft: 1048
  • Total Finished and Unfin Sq Ft: 1048
  • Lower Sq Ft: 0
  • Main Sq Ft: 1048
  • Upper Sq Ft: 0
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 65 X 100
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Vinyl Siding
  • General Information: None
  • Below Grade Finished Area: 0.0
  • Living Area Source: Estimated
  • Unfinished Basement Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2025-09-05T14:51:34
  • Photos Count: 1
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 12X12
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X10
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 8X8
Bedroom #4 Information
  • 4th Bedroom Level: Main
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 12X8
Dining Room Information
  • Dining Room Level: N/A
  • RoomType_DR: Dining Room
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 16X8
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 14X10

Property History for 1503 Summit Ridge Road

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Listed (Active)

MRED #12452174

$149,900
Oct 13, 2021

Sold

MRED #11209456

$92,000
Oct 4, 2021

Sold (Public Record)

Public Record #1474379877

$90,000

+6.2% / yr

Sep 11, 2021

Pending

MRED #11209456

Sep 3, 2021

Listed (Active)

MRED #11209456

$100,000
Apr 25, 2011

Sold

MRED #09450049

$89,000
Apr 7, 2011

Pending

MRED #09450049

Oct 28, 2010

Listed (Active)

MRED #09450049

$89,100
Apr 27, 2010

Sold (Public Record)

Public Record #288356047

$45,000
DateEvent & SourcePrice
09/30/2025

Listed (Active)

MRED #12452174

$149,900
10/13/2021

Sold

MRED #11209456

$92,000
10/04/2021

Sold (Public Record)

Public Record #1474379877

$90,000

+6.2% / yr

09/11/2021

Pending

MRED #11209456

09/03/2021

Listed (Active)

MRED #11209456

$100,000
04/25/2011

Sold

MRED #09450049

$89,000
04/07/2011

Pending

MRED #09450049

10/28/2010

Listed (Active)

MRED #09450049

$89,100
04/27/2010

Sold (Public Record)

Public Record #288356047

$45,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1503 Summit Ridge Road

Taxable ValueLand$6,610Additions$15,190Total$21,800
Tax Record2024$1,378 ($115 / month)
Home Facts
Beds0Total Finished SqFt854 SqFtAbove Grade Finished SqFt854 SqFtStories1StyleSingle Family ResidenceYear Built1961CountyCHAMPAIGNAPN412002304029

Schools near 1503 Summit Ridge Road

This home is within Champaign Community Unit School District 4.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - K to 5
Public - K to 5
Rating
School
Distance
Actions Program
PublicK to 12

Centennial High School
Public9 to 12

Carrie Busey Elementary School
PublicK to 5

Vernon L Barkstall Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1503 Summit Ridge Road is a single family home for sale in Champaign, IL 61821. This property was listed for sale on September 30, 2025 by The Real Estate Group,Inc, it's currently listed at $149,900. It has been on the market for a total of 98 days and was last sold on October 13, 2021. This listing's school district is Champaign Community Unit School District 4. Nearby schools include Actions Program, Centennial High School and Carrie Busey Elementary School. 1503 Summit Ridge Road is a 4-bed, 1-bath, 1,048 sqft single family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Group,Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/14/2025 12:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.