Sold
Last Sold Price
$140,000
4 beds1,048 sqft

1503 Summit Ridge Rd, Champaign, IL 61821

Single FamilyProperty Type
0.15 acresLot Size
1961Year Built
$134/sq ftPrice per sq ft
2 carsParking Spaces

Description

This is an amazing 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. Don't miss this great opportunity!This is an amazing 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. Don't miss this great opportunity!

    Sold By The Real Estate Group,Inc

    • Listed by: Carol Meinhart 217.840.3328 carol@sellinghomes24-7.com • The Real Estate Group,Inc
    Listing closed: 03/02/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12452174
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    Recent comparable sales

    Median sold price

    $136,000

    Avg days on market

    26

    Sale-to-list ratio

    96.5%

    Champaign, IL

    9 comparable properties found

    a view of a house with a yard and a tree
    1/32
    1

    $129,900

    Sold 10/21/25

    4
    Bedrooms
    1,025
    Square Feet
    0.14
    Acres
    a front view of a house with a garden
    1/9
    2

    $136,000

    Sold 10/14/25

    4
    Bedrooms
    1,150
    Square Feet
    Unavailable
    Acres
    $156,000 | 2003 Ola Drive, Champaign, IL 61821
    1/23
    3

    $156,000

    Sold 03/14/25

    4
    Bedrooms
    1,225
    Square Feet
    Unavailable
    Acres
    $93,000 | 1503 Garden Hills Drive, Champaign, IL 61821
    1/16
    4

    $93,000

    Sold 06/04/26

    4
    Bedrooms
    1,080
    Square Feet
    0.16
    Acres
    $175,000 | 2003 West Kirby Avenue, Champaign, IL 61821
    1/23
    5

    $175,000

    Sold 05/15/26

    4
    Bedrooms
    1,130
    Square Feet
    0.44
    Acres
    a front view of house with yard and trees
    1/24
    6

    $150,000

    Sold 05/18/26

    4
    Bedrooms
    1,180
    Square Feet
    0.11
    Acres
    front view of a house with a yard
    1/35
    7

    $147,500

    Sold 01/13/25

    4
    Bedrooms
    1,260
    Square Feet
    0.16
    Acres
    a view of a house with a yard
    1/22
    8

    $128,000

    Sold 01/20/26

    3
    Bedrooms
    1,066
    Square Feet
    0.18
    Acres
    a front view of a house with a garden
    1/11
    9

    $125,500

    Sold 01/16/25

    3
    Bedrooms
    1,000
    Square Feet
    Unavailable
    Acres

    Location

    Add your commute
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    OriginPoint Mortgage or Rocket Mortgage1

    $862 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $747

    Property Taxes

    $115

    HOA Dues

    $0

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    Property Information for 1503 Summit Ridge Road

    Property Details

    • Taxes: $1,378 / year
    • MLS Type: Detached Single / 1 Story
    • Area: Champaign, Savoy
    • Township: City of Champa
    • Ownership: Fee Simple
    • Parking Included in Price: Yes
    • Air Conditioning Type: Central Air
    • Heat/Fuel: Natural Gas

    Building Information

    • Year Built: 1961
    • Lot Size: 0.15 AC / 6,500 SF

    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: Yes, 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
    • Exterior Building Type: Vinyl Siding
    • 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
    Mar 2, 2026

    Sold (Public Record)

    Public Record #1930702966

    $140,000

    +10.5% / yr

    Mar 2, 2026

    Sold

    MRED #12452174

    $140,000
    —
    Feb 16, 2026

    Pending

    MRED #12452174

    —
    —
    DateEvent & SourcePrice
    03/02/2026

    Sold (Public Record)

    Public Record #1930702966

    $140,000

    +10.5% / yr

    03/02/2026

    Sold

    MRED #12452174

    $140,000
    02/16/2026

    Pending

    MRED #12452174

    —

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

    Public Records for 1503 Summit Ridge Road

    Taxable Value

    Land

    $7,420

    Additions

    $17,040
    Total$24,460

    Tax Record

    2024

    $1,378 ($115 / month)

    Home Facts

    Beds

    0

    Baths

    1

    Total Finished SqFt

    854 SqFt

    Above Grade Finished SqFt

    854 SqFt

    Stories

    1

    Lot Size

    7,133 SqFt

    Style

    Single Family Residence

    Year Built

    1961

    Year Renovated

    1961

    County

    CHAMPAIGN

    APN

    41-20-02-304-029

    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.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 04/10/2026 08:04 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.