304 Busey Ave
Urbana, IL 61801
8 bd 4 ba 2,987 sqft Built 1937 Lot 7,820 sqft multi_family
Most recent sale
$250,000
Mar 2, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2024 | Sold | $325,000 | MRED |
| Mar 20, 2024 | Listed | $325,000 | MRED |
| Mar 2, 2023 | Sold | $250,000 | Public Record |
| Mar 4, 2022 | Listing removed | — | MRED |
| Apr 13, 2021 | Relisted | $349,900 | MRED |
| Mar 26, 2021 | Listing removed | $349,900 | MRED |
| Mar 6, 2021 | Listed | $349,900 | MRED |
| Mar 1, 2021 | Listing removed | $375,000 | MRED |
| Feb 4, 2021 | Price changed | $375,000 | MRED |
| Dec 11, 2020 | Price changed | $350,000 | MRED |
| Jul 16, 2020 | Price changed | $375,000 | MRED |
| Mar 13, 2020 | Listed | $399,000 | MRED |
| Apr 2, 2008 | Sold | $435,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $135,160 | $28,560 | $163,720 | $16,556 |
| 2024 | $135,160 | $28,560 | $163,720 | $15,960 |
| 2023 | $127,750 | $26,990 | $154,740 | $15,018 |
| 2022 | $107,330 | $22,680 | $130,010 | $14,072 |
| 2021 | $100,030 | $21,140 | $121,170 | $13,080 |
| 2020 | $97,120 | $20,520 | $117,640 | $12,654 |
| 2019 | $97,120 | $20,520 | $117,640 | $12,293 |
| 2018 | $97,800 | $20,660 | $118,460 | $12,238 |
| 2017 | $97,800 | $20,660 | $118,460 | $12,660 |
| 2016 | $94,950 | $20,060 | $115,010 | $12,224 |
| 2015 | $91,740 | $19,380 | $111,120 | $11,941 |
| 2014 | $91,740 | $19,380 | $111,120 | $11,779 |
| 2013 | $93,610 | $19,780 | $113,390 | $11,862 |
| 2012 | $93,610 | $19,780 | $113,390 | $10,625 |
| 2011 | $93,610 | $19,780 | $113,390 | $10,031 |
| 2010 | $95,130 | $20,100 | $115,230 | $9,785 |
| 2009 | $95,130 | $20,100 | $115,230 | $9,611 |
| 2008 | $82,730 | $19,210 | $101,940 | $8,383 |
| 2006 | $23,220 | $17,560 | $40,780 | $3,347 |
| 2005 | $19,600 | $16,190 | $35,790 | $2,954 |
Property facts
Year built
1937
Property type
multi_family
Stories
—
Beds
8
Baths
4
Living area
2,987 sqft
Lot size
7,820 sqft
ZIP code
61801
City
Urbana
Street
Busey Ave
Coordinates
40.10995, -88.21740
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
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 304 Busey Ave last sell?
304 Busey Ave most recently sold on Mar 2, 2023 for $250,000.
What is the current tax assessment for 304 Busey Ave?
The most recent total assessment for 304 Busey Ave (year 2025) is $163,720 with $16,556 in property tax.
How does 304 Busey Ave's assessment compare to its last sale price?
The current assessment is 34.5% below the last sale price of $250,000.
When was 304 Busey Ave built?
304 Busey Ave was built in 1937.
How does 304 Busey Ave compare to others on Busey Ave?
We track 8 other properties on Busey Ave. Browse the list under "Other properties on Busey Ave" to compare beds, baths, and sale history.
What are the property facts for 304 Busey Ave?
304 Busey Ave is a 8 bed, 4 bath, 2,987 sqft, 7,820 sqft lot multi_family.
Is 304 Busey Ave a flip candidate?
Yes — 304 Busey Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 304 Busey Ave a tax-appeal candidate?
No — 304 Busey 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
+4.5%
Implied 1-yr
+17.9%
2026 Q3
$312.7K
2026 Q4
$323.5K
ZIP 61801 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Busey Ave