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602 Broadway Ave

Urbana, IL 61801

5 bd 3 ba 2,698 sqft Built 1915 Lot 6,970 sqft multi_family
Most recent sale
$225,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $225,000 MLS #11362619
May 16, 2022 Price changed $230,000 MLS #11362619
Apr 11, 2022 Listed $245,000 MLS #11362619
Mar 21, 2011 Sold $74,000 Public Record
Aug 11, 2006 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $39,940 $18,110 $58,050 $5,659
2023 $37,750 $17,120 $54,870 $5,324
2022 $31,710 $14,380 $46,090 $4,988
2021 $29,550 $13,400 $42,950 $4,636
2020 $27,590 $12,510 $40,100 $4,313
2019 $27,590 $12,510 $40,100 $4,190
2018 $27,780 $12,600 $40,380 $4,171
2017 $27,780 $12,600 $40,380 $4,315
2016 $27,780 $12,600 $40,380 $4,291
2015 $27,780 $12,600 $40,380 $4,339
2014 $27,780 $12,600 $40,380 $4,280
2013 $27,780 $12,600 $40,380 $4,224
2012 $27,780 $12,600 $40,380 $3,221
2011 $27,780 $12,600 $40,380 $3,041
2010 $28,230 $12,800 $41,030 $2,974
2009 $28,230 $12,800 $41,030 $2,921
2008 $24,810 $11,930 $36,740 $2,569
2006 $23,350 $11,230 $34,580 $2,838
2005 $18,310 $9,410 $27,720 $2,288

Property facts

Year built
1915
Property type
multi_family
Stories
Beds
5
Baths
3
Living area
2,698 sqft
Lot size
6,970 sqft
ZIP code
61801
City
Urbana
Street
Broadway Ave
Coordinates
40.10825, -88.20695

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 602 Broadway Ave last sell?
602 Broadway Ave most recently sold on Jul 15, 2022 for $225,000.
What is the current tax assessment for 602 Broadway Ave?
The most recent total assessment for 602 Broadway Ave (year 2024) is $58,050 with $5,659 in property tax.
How does 602 Broadway Ave's assessment compare to its last sale price?
The current assessment is 74.2% below the last sale price of $225,000.
When was 602 Broadway Ave built?
602 Broadway Ave was built in 1915.
How does 602 Broadway Ave compare to others on Broadway Ave?
We track 8 other properties on Broadway Ave. Browse the list under "Other properties on Broadway Ave" to compare beds, baths, and sale history.
What are the property facts for 602 Broadway Ave?
602 Broadway Ave is a 5 bed, 3 bath, 2,698 sqft, 6,970 sqft lot multi_family.
Is 602 Broadway Ave a flip candidate?
No — 602 Broadway Ave does not appear in our flips dataset.
Is 602 Broadway Ave a tax-appeal candidate?
No — 602 Broadway Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.5%
Implied 1-yr
+17.9%
2026 Q3
$312.7K
2026 Q4
$323.5K
ZIP 61801 — Median Price History + Forecast

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