2471 County Road 550 E, Dewey, IL 61840
Property image
Property image
OFF MARKET

2471 County Road 550 E
Dewey, IL 61840

  • 4 Beds
  • 3.5 Baths
  • 2,463 sqft (on 19.46 acres)

$939,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $6,591/mo*

$939,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $6,591/mo*
4 Beds
3.5 Baths
2,463 sqft
(on 19.46 acres)

Home Value

Trulia Estimate
$939K
Since last month
Decreased$4K (-0.4%)
Since last year
Increased$58K (+6.7%)
Since last sale
Increased$432K (+86.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +139% in the last 10 years
MonthEstimated value
2026
August 2026$930K
July 2026$934K
June 2026$944K
May 2026$922K
April 2026$916K
March 2026$935K
February 2026$903K
January 2026$886K
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.27
Single-Family Home
$345,000
05/06/26
3
2
1,683
0.14
Single-Family Home
$330,000
08/29/25
2
1
1,148
1.19
Single-Family Home
$480,000
05/29/26
4
3.5
1,640
1.13
Single-Family Home
$775,000
07/02/26
4
5.5
3,089
1.39
Single-Family Home
$438,000
10/02/25
5
3.5
2,352
1.58
Single-Family Home
$440,000
09/22/25
4
2.5
2,455
1.49
Single-Family Home
$568,000
08/07/26
5
3.5
3,444
1.48
Single-Family Home
$690,000
01/29/26
5
4
2,218
1.73
Single-Family Home
$397,900
12/04/25
4
2.5
2,473
1.64
Single-Family Home
$295,000
02/06/26
3
3
2,030

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.17
$569,600
5
3.5
1,779
Off Market
0.17
$47,000
-
-
-
For Sale
0.18
-
-
-
-
Off Market
0.24
$634,100
4
2.5
2,576
Off Market
0.23
$351,100
4
2.5
1,973
Off Market
0.25
$273,400
3
2
1,540
Off Market
0.27
$345,000
3
2
1,683
Recently Sold
0.30
$510,900
3
2
1,782
Off Market
0.57
$329,700
3
2
1,439
Off Market
0.58
$431,000
3
2.5
3,146
Off Market
0.63
$422,300
3
2
2,639
Off Market
0.66
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2471 County Road 550 E.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
19.46 acres
Living Area
2,463 sqft
Price/Sqft
$381

About this House

Beautifully remodeled 2-story brick home sitting on 19.46 acres at the end of a quarter mile black topped lane. Situated in a grove of mature oak trees overlooking the Sangamon River this remodeled house includes new HVAC with heat pump, gas water heater, windows and kitchen appliances, as well as bathroom updates. Abundant with natural light, solid oak hardwood and tile floors throughout. The first floor offers gracious living space with a living room and family room with a fireplace, an open kitchen, an office that is perfect for work-from-home or as an added bedroom, an oversized laundry room and 1/2 bath. The second floor boasts a master bedroom with ensuite bath, multiple closets and a balcony that spans the entire length of the house and provides a beautiful view of the property (perfect for that morning cup of coffee). Additionally on the second floor, there are two more bedrooms with ample storage closets, a reading nook, and a hall bath with dual vanities. Other highlights include a 3-season room, floor to ceiling windows, a spacious deck, a full basement that is wired and ready for your personal touch, and oversized 2-car attached complete with a 3/4 bath. There is a 30x45 foot barn that has electricity, 3 box stalls and is tall enough for RV storage. The property, which has water front on two sides, give lots of opportunities for fishing, wildlife viewing, entertaining, bonfires, mushroom hunting, snowmobiling, atv riding, hiking, etc. all in your own private woods. Finally, for agriculturists, the 6.5 tillable acres will bring out the farmer in you (the current tenants have the rights to the 2021 crop). This special property sits 10 miles outside of Champaign-Urbana and in located in the Mahomet-Seymour school district. *Freshly painted garage, and brand new water heater as of 8/2/21*
2471 County Road 550 E, Dewey, IL 61840 is a 4 bedroom, 4 bathroom, 2,463 sqft single-family home. It last sold for $498,000 on Oct 15, 2021. It is currently off market. The Trulia Estimate is $939,100, with a rent estimate of $2,720/month.

Home Details for 2471 County Road 550 E

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 19.46 acres

Price and Tax history

DateEventPrice
Oct 15, 2021
Source: MRED as distributed by MLS GRID #11203931
Sold
$498,000
Sep 1, 2021
Source: RE/MAX International #11203931
Pending
$529,900
Aug 11, 2021
Source: RE/MAX International #11114544
PriceChange
$534,900
Price decreased by 3%
Aug 2, 2021
Source: RE/MAX International #11114544
PriceChange
$549,900
Price decreased by 2%
Jul 12, 2021
Source: RE/MAX International #11114544
PriceChange
$559,900
Price decreased by 3%

Market trends in Dewey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
5

What Locals Say about Dewey

At least 1 Trulia users voted on each feature.
  • 100 % Say there's holiday spirit

  • 100 % Say there are community events

  • 100 % Say kids play outside

  • 50 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.
  • Busboomcastle
    "Quiet, safe, relaxing, incredible really."
  • Smccu1
    "This area of Champaign offers easy access to C/U's largest and best mall; Interstates 57, 74, and 72; and, a wide variety of restaurants. Champaign is a great place to live. The University of Illinois creates many opportunities to learn, see, do in Champaign and helps the town stay fresh. I would describe Champaign residents as well-educated, involved, and concerned."

LGBTQ Local Legal Protections

Frequently asked questions about 2471 County Road 550 E

  • What is 2471 County Road 550 E estimated to be worth?
    Trulia's estimated value for 2471 County Road 550 E in Dewey, IL is $939,100.
  • What is the price history for 2471 County Road 550 E?
    2471 County Road 550 E in Dewey, IL last sold for $498,000 in October 2021.
  • Is Dewey a buyer's or seller's market?
    Dewey is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 2471 County Road 550 E?
    The closest schools to 2471 County Road 550 E in Dewey, IL are Lincoln Trail Elementary School (rated 8/10), Mahomet-Seymour High School (rated 8/10), Mahomet-Seymour Jr High School (rated 9/10).
  • How big is the lot at 2471 County Road 550 E?
    The lot at 2471 County Road 550 E in Dewey, IL is about 19.5 acres.

Apartments for Rent

Off Market Homes Near 2471 County Road 550 E

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