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$189,999 -$5,001 (-2.56%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,341 Sq. Ft.
  • 2 Car Garage
  • Updated 6 hours ago
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LAKESIDE LIVING IN YOUR OWN BACKYARD! This is a "Zero Lot " home so absolutely no monthly HOA fees. Two bedrooms and one and a half bathrooms. One of the Bedrooms is a Master with a walk-in closet. Large Living room and a bedroom that overlooks the lake view. 2 car garage. Enjoy private peaceful fishing reserved only for the homeowners that live on the lake. Across the street is walking trail. Hurry because this one won't last long.

Full Property Details for 507 Clearwater Dr #1

General

  • Price: $189,999
  • HOA FEE: $17/month
  • HOA FEE FREQ.: Annually
  • Taxes: $4,261 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12723709
  • Updated: 9/28/2026
  • Added to Site: 55 day(s) ago

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Attached, Garage

Location

  • Area: Champaign, Savoy
  • County: Champaign
  • Township: Champaign
  • Driving Directions: From Mattis Ave, turn w onto Bradley ave, turn left onto Clayton blvd, and turn left onto Clearwater and the home will be on the right

School Information

  • School District: 4
  • Elem School District: 4
  • Midd School District: 4
  • High School District: 4
  • Elementary School: Champaign Elementary School
  • Middle School: Champaign Junior High School
  • High School: Centennial High School
  • Private School: Centennial High School

Community

  • Assoc. Fees Include: Lake Rights
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / Nlbs.

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Condo
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Square Feet: 1,341
  • Sq. Ft. Source: Estimated
  • Year Built: 1987

Unit Information

  • Units in Building: 1

Lot Features

  • Lot Dimensions: 49 x 140 x 35 x 140

Animals

  • Animals Allowed: Cats OK, Dogs OK

Water Features

  • Water Front: Yes
  • Water Front View: Back of Property

Financial Considerations

  • Association Fee: $200
  • Assoc Fee Freq.: Annually
  • Parking Included: Yes
  • Assessment Year: 1987
  • Tax Amount: $4,261
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 412010137010

Listed by The Real Estate Group,Inc

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— 507 Clearwater Dr #1 —

  • The Real Estate Group,Inc

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 507 Clearwater Dr #1

School District:Champaign Community Unit School District 4
NameGradesDistance
Dr Howard Elementary School
110 North James Street, Champaign, IL 61821
K-51.2 mi
Kenwood Elementary School, Champaign, IL
1001 Stratford Drive, Champaign, IL 61821
K-51.2 mi
Westview Elementary School, Champaign, IL
703 South Russell Street, Champaign, IL 61821
K-51.4 mi
Jefferson Middle School, Champaign, IL
1115 Crescent Drive, Champaign, IL 61821
6-81.3 mi
Franklin Middle School, Champaign, IL
817 North Harris Avenue, Champaign, IL 61820
6-81.8 mi
Edison Middle School, Champaign, IL
306 West Green Street, Champaign, IL 61820
6-82.2 mi
Centennial High School
913 Crescent Drive, Champaign, IL 61821
9-121.1 mi
South Side Elementary School
715 South New Street, Champaign, IL 61820
K-52 mi
Robeson Elementary School
2501 Southmoor Drive, Champaign, IL 61821
K-52.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 507 Clearwater Dr #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2026
Price Reduced
$189,999
-2.56%
MLS
9/06/2026
Price Reduced
$195,000
-2.5%
MLS
8/24/2026
Price Reduced
$199,999
—
MLS
8/04/2026
Listed
$200,000
25%
MLS
6/27/2024
Sold
$160,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 507 Clearwater Dr #1

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,408
6%
$56,710
12%
2023
$4,152
—
$50,550
10%
2023
$4,152
9%
$46,040
11%
2021
$3,811
-2%
$41,630
-2%
2022
$3,905
6%
$42,470
6%
2020
$3,670
22%
$40,030
2%
2019
$3,009
3%
$39,210
2%
2018
$2,934
2%
$38,600
2%
2017
$2,887
12%
$37,950
2%
2016
$2,578
—
$37,170
2%
2015
$2,590
1%
$36,520
—
2014
$2,568
1%
$36,520
—
2013
$2,544
1%
$36,520
-2%
2012
$2,526
—
$37,260
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 507 Clearwater Dr #1

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Listed by The Real Estate Group,Inc

507 Clearwater Drive #1, Champaign, IL 61822 (MLS# 12723709) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 507 Clearwater Drive #1 is currently listed for $189,999 and was received on August 04, 2026. Want to learn more about 507 Clearwater Drive #1? Do you have questions about finding other Condo real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.

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