1612 University Ave
Champaign, IL 61821
3 bd 2 ba 1,664 sqft Built 1960 Lot 2,750 sqft multi_family
Most recent sale
$145,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 9, 2023 | Listing removed | $1,150 | MRED |
| Sep 28, 2023 | Listed for rent | $1,150 | MRED |
| Aug 29, 2022 | Sold | $145,000 | MLS #11422622 |
| Jul 15, 2022 | Price changed | $149,900 | MLS #11422622 |
| Jul 7, 2022 | Price changed | $159,900 | MLS #11422622 |
| Jun 28, 2022 | Price changed | $169,900 | MLS #11422622 |
| Jun 14, 2022 | Listed | $199,900 | MLS #11422622 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $60,240 | $11,590 | $71,830 | $5,532 |
| 2024 | $60,240 | $11,590 | $71,830 | $5,582 |
| 2023 | $53,690 | $10,330 | $64,020 | $5,258 |
| 2022 | $45,110 | $8,680 | $53,790 | $4,946 |
| 2021 | $44,230 | $8,510 | $52,740 | $4,828 |
| 2020 | $42,530 | $8,180 | $50,710 | $4,649 |
| 2019 | $41,660 | $8,010 | $49,670 | $4,500 |
| 2018 | $41,000 | $7,880 | $48,880 | $4,398 |
| 2017 | $39,500 | $7,590 | $47,090 | $4,255 |
| 2016 | $38,690 | $7,430 | $46,120 | $3,815 |
| 2015 | $38,010 | $7,300 | $45,310 | $3,845 |
| 2014 | $38,010 | $7,300 | $45,310 | $3,812 |
| 2013 | $38,010 | $7,300 | $45,310 | $3,777 |
| 2012 | $38,790 | $7,450 | $46,240 | $3,727 |
| 2011 | $38,790 | $7,450 | $46,240 | $3,571 |
| 2010 | $39,660 | $7,620 | $47,280 | $3,540 |
| 2009 | $39,660 | $7,620 | $47,280 | $3,481 |
| 2008 | $39,660 | $7,620 | $47,280 | $3,469 |
| 2006 | $36,650 | $7,030 | $43,680 | $3,230 |
| 2005 | $33,460 | $6,410 | $39,870 | $3,029 |
Property facts
Year built
1960
Property type
multi_family
Stories
—
Beds
3
Baths
2
Living area
1,664 sqft
Lot size
2,750 sqft
ZIP code
61821
City
Champaign
Street
University Ave
Coordinates
40.11672, -88.27361
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1612 University Ave last sell?
1612 University Ave most recently sold on Aug 29, 2022 for $145,000.
What is the current tax assessment for 1612 University Ave?
The most recent total assessment for 1612 University Ave (year 2025) is $71,830 with $5,532 in property tax.
How does 1612 University Ave's assessment compare to its last sale price?
The current assessment is 50.5% below the last sale price of $145,000.
When was 1612 University Ave built?
1612 University Ave was built in 1960.
How does 1612 University Ave compare to others on University Ave?
We track 8 other properties on University Ave. Browse the list under "Other properties on University Ave" to compare beds, baths, and sale history.
What are the property facts for 1612 University Ave?
1612 University Ave is a 3 bed, 2 bath, 1,664 sqft, 2,750 sqft lot multi_family.
Is 1612 University Ave a flip candidate?
No — 1612 University Ave does not appear in our flips dataset.
Is 1612 University Ave a tax-appeal candidate?
No — 1612 University Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.8%
2026 Q3
$204.2K
2026 Q4
$199.7K
ZIP 61821 — Median Price History + Forecast
Explore nearby
Geography
Other properties on University Ave