The neighborhood gem you've been waiting for in Arbour Meadows! This spacious 4BD/3.5BA home offers a rare and flexible layout with both first- and second-floor primary suites, each with a private full bath-ideal for guests, in-laws, or multi-generational living. The updated open kitchen flows seamlessly into the family room centered around a brick gas fireplace, creating a warm and welcoming space for gathering and entertaining. Additional main-floor living spaces include a formal living room and dining room, along with the convenience of a half bath and laundry room. The finished partial basement offers a versatile bonus room perfect for a home gym, wellness space, recreation room, or additional living area. An oversized 2.5-car garage provides ample room for vehicles, bikes, storage, or a workshop area. Enjoy the bright, plant-filled sunroom with warm eastern exposure overlooking the private fenced backyard. The outdoor space features south-facing garden beds ideal for vegetables, flowers, and herbs, plus a spacious deck for outdoor dining and entertaining. A Canadian cedar hot tub adds the perfect place to relax and unwind. Major updates include roof (2020), water heater (2022), furnaces (2017 & 2022), deck (2023), and more. Located in the sought-after Arbour Meadows neighborhood in Savoy, this home offers a fantastic community setting while remaining close to everything. Just a short distance to the Savoy bike path, Savoy Recreation Center, Burwash Park, and Colbert Park, with easy access to outdoor recreation and local amenities.
Closed
$440,000
506 Van Buren St, Savoy, IL 61874
4beds
3,027sqft
Single Family Residence
Built in 1997
-- sqft lot
$442,100 Zestimate®
$145/sqft
$3,345 Estimated rent
Home value
$442,100
$420,000 - $464,000
$3,345/mo
Zestimate® history
Owner options
List your home for rent
$3,345/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,345/mo
Rent Zestimate®
Refinance and save
$3,344/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,344/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Private fenced backyardHalf bathCanadian cedar hot tubUpdated open kitchenLaundry roomDining room
Zillow last checked:
Listing updated:
Listed by:
Katie Ruthstrom, GRI (217)418-6683,
KELLER WILLIAMS-TREC
Bought with:
Jodi O'Malley
Real Broker, LLC
Joanna Smith
Real Broker, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12573603
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Eating Area, Bonus Room, Heated Sun Room
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 342 Square Feet
- Dimensions: 19X18
Bedroom 2
- Level: Second
- Area: 266 Square Feet
- Dimensions: 14X19
Bedroom 3
- Level: Second
- Area: 294 Square Feet
- Dimensions: 21X14
Bedroom 4
- Level: Second
- Area: 140 Square Feet
- Dimensions: 14X10
Bonus room
- Level: Basement
- Area: 418 Square Feet
- Dimensions: 22X19
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Eating area
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9X10
Family room
- Level: Main
- Area: 289 Square Feet
- Dimensions: 17X17
Other
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet, Granite Counters, Updated Kitchen)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12X15
Laundry
- Level: Main
- Area: 90 Square Feet
- Dimensions: 6X15
Living room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Heating
- Natural Gas, Forced Air, Heat Pump, Sep Heating Systems - 2+
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
- Laundry: Main Level
Features
- Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Pantry
- Basement: Finished,Partial
- Number of fireplaces: 1
- Fireplace features: Gas Log, Family Room
Interior area
- Total structure area: 3,527
- Total interior livable area: 3,027 sqft
- Finished area below ground: 412
Property
Parking
- Total spaces: 2.5
- Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 2.5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Has spa: Yes
- Spa features: Outdoor Hot Tub
- Fencing: Fenced
Lot
- Dimensions: 80X116.81X90X116.81
Details
- Parcel number: 032036303007
- Special conditions: None
- Other equipment: TV-Cable, Ceiling Fan(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Paved
- Security: Carbon Monoxide Detector(s)
HOA
- Has HOA: Yes
- Services included: None
- HOA fee: $175 annually
Location
- Region: Savoy
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $350,370
- Annual tax amount: $7,775
- Date on market: 3/16/2026
- Listing terms: Conventional
- Ownership: Fee Simple w/ HO Assn.
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $440,000+0%$145/sqft |
Source:  MRED as distributed by MLS GRID #12573603 Report a problem | ||
| 3/23/2026 | Contingent | $439,900$145/sqft |
Source: MRED as distributed by MLS GRID #12573603 Report a problem | ||
| 3/16/2026 | Listed for sale | $439,900+55.2%$145/sqft |
Source: MRED as distributed by MLS GRID #12573603 Report a problem | ||
| 7/21/2006 | Sold | $283,500+14.3%$94/sqft |
Source: Public Record Report a problem | ||
| 7/7/2004 | Sold | $248,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,775 +5.6% | $116,790 +8.3% |
| 2023 | $7,361 +5.4% | $107,840 +7.2% |
| 2022 | $6,987 +2.6% | $100,600 +1.8% |
| 2021 | $6,809 -2.7% | $98,820 +1% |
| 2020 | $6,996 | $97,840 +4.6% |
| 2019 | -- | $93,510 +0.9% |
| 2018 | -- | $92,710 |
| 2017 | $6,647 +13.3% | $92,710 +2% |
| 2016 | $5,864 | $90,870 |
| 2015 | $5,864 +1.7% | $90,870 +3.6% |
| 2014 | $5,767 +1.6% | $87,750 |
| 2013 | $5,674 +4% | $87,750 |
| 2012 | $5,455 +5.2% | $87,750 |
| 2011 | $5,184 +5.7% | $87,750 -1.6% |
| 2010 | $4,903 | $89,180 -2.1% |
| 2009 | -- | $91,090 |
| 2008 | -- | $91,090 +1.1% |
| 2007 | $4,797 +10.4% | $90,100 -2.4% |
| 2006 | $4,346 +2.8% | $92,300 +4.2% |
| 2005 | $4,227 +5.9% | $88,550 +2.3% |
| 2004 | $3,992 +2.8% | $86,550 +7.7% |
| 2003 | $3,885 +7.4% | $80,330 +1.6% |
| 2002 | $3,617 +3.4% | $79,070 +35.3% |
| 2001 | $3,496 +3.3% | $58,450 +3.6% |
| 2000 | $3,385 | $56,420 |
Find assessor info on the county website
Neighborhood: 61874
Nearby homes
- $350,000-- bd-- ba-- sqft504 Van Buren St, Savoy, IL 61874Sold
- $450,500-- bd-- ba-- sqft303 Jay St, Savoy, IL 61874Off Market
- $349,400-- bd-- ba-- sqft505 Wesley Ave, Savoy, IL 61874Off Market
- $345,5004 bd3 ba2.2k sqft301 Jay St, Savoy, IL 61874Off Market
- $370,0005 bd4 ba1.8k sqft503 Wesley Ave, Savoy, IL 61874Sold
- $445,100-- bd-- ba-- sqft502 Van Buren St, Savoy, IL 61874Off Market
- $518,7005 bd4 ba2.6k sqft505 Van Buren St, Savoy, IL 61874Off Market
- $426,5004 bd3 ba2.8k sqft507 Van Buren St, Savoy, IL 61874Off Market
Nearby schools
GreatSchools rating
- 8/10Carrie Busey Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 3.3 mi
- 4/10Central High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- High: Central High School
- District: 4
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Illinois
- Champaign County
- Savoy
- 61874
- 506 Van Buren St
Nearby cities
Nearby zip codes
Other Savoy Topics
