402 Colorado Ave
Urbana, IL 61801
3 bd 3 ba 1,745 sqft Built 1967 Lot 13,292 sqft single_family
Most recent sale
$245,000
Nov 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 7, 2022 | Sold | $245,000 | MRED |
| Sep 28, 2022 | Listed | $259,900 | MRED |
| Aug 20, 1996 | Sold | $90,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $66,300 | $26,920 | $93,220 | $8,829 |
| 2024 | $66,300 | $26,920 | $93,220 | $7,961 |
| 2023 | $62,670 | $25,440 | $88,110 | $7,920 |
| 2022 | $52,650 | $21,370 | $74,020 | $5,558 |
| 2021 | $49,070 | $19,920 | $68,990 | $5,541 |
| 2020 | $44,940 | $18,250 | $63,190 | $5,522 |
| 2019 | $44,940 | $18,250 | $63,190 | $5,368 |
| 2018 | $45,260 | $18,380 | $63,640 | $5,304 |
| 2017 | $44,290 | $17,990 | $62,280 | $5,487 |
| 2016 | $43,420 | $17,640 | $61,060 | $5,328 |
| 2015 | $43,420 | $17,640 | $61,060 | $5,379 |
| 2014 | $43,420 | $17,640 | $61,060 | $5,306 |
| 2013 | $43,420 | $17,640 | $61,060 | $5,237 |
| 2012 | $43,420 | $17,640 | $61,060 | $4,784 |
| 2011 | $43,420 | $17,640 | $61,060 | $4,801 |
| 2010 | $47,390 | $18,870 | $66,260 | $4,777 |
| 2009 | $47,390 | $18,870 | $66,260 | $4,692 |
| 2008 | $47,700 | $18,630 | $66,330 | $4,673 |
| 2006 | $44,480 | $17,370 | $61,850 | $4,379 |
| 2005 | $41,910 | $16,230 | $58,140 | $4,139 |
Property facts
Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,745 sqft
Lot size
13,292 sqft
ZIP code
61801
City
Urbana
Street
Colorado Ave
Coordinates
40.09495, -88.20335
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
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 402 Colorado Ave last sell?
402 Colorado Ave most recently sold on Nov 7, 2022 for $245,000.
What is the current tax assessment for 402 Colorado Ave?
The most recent total assessment for 402 Colorado Ave (year 2025) is $93,220 with $8,829 in property tax.
How does 402 Colorado Ave's assessment compare to its last sale price?
The current assessment is 62.0% below the last sale price of $245,000.
When was 402 Colorado Ave built?
402 Colorado Ave was built in 1967.
How does 402 Colorado Ave compare to others on Colorado Ave?
We track 8 other properties on Colorado Ave. Browse the list under "Other properties on Colorado Ave" to compare beds, baths, and sale history.
What are the property facts for 402 Colorado Ave?
402 Colorado Ave is a 3 bed, 3 bath, 1,745 sqft, 13,292 sqft lot single_family.
Is 402 Colorado Ave a flip candidate?
No — 402 Colorado Ave does not appear in our flips dataset.
Is 402 Colorado Ave a tax-appeal candidate?
No — 402 Colorado 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 Colorado Ave