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

1503 Summit Ridge Rd, Champaign, IL 61821

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

Sold By The Real Estate Group,Inc

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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

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Location

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Principal and Interest

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Property Taxes

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Property information

1503 Summit Ridge Road

Property Details

  • Taxes: $1,378 / year
  • MLS Type: Detached Single / 1 Story
  • County: Champaign County
  • 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

1503 Summit Ridge Road

DateEventPrice
Mar 2, 2026

Sold (Public Record)

Public Record #1930702966

$140,000
Mar 2, 2026

Sold

MRED #12452174

$140,000
Feb 16, 2026

Pending

MRED #12452174

—
DateEventPrice
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

1503 Summit Ridge Road

Beds

0

Baths

1

Total Finished SqFt

854 SqFt

Above Grade Finished SqFt

854 SqFt

Stories

1

Lot Size

7,133 SqFt

Schools

Near 1503 Summit Ridge Road

This home is within Champaign Community Unit School District 4.

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.