507 Colorado Ave
Urbana, IL 61801
3 bd 2 ba 1,364 sqft Built 1956 Lot 9,230 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $49,910 | $20,560 | $70,470 | $6,528 |
| 2024 | $49,910 | $20,560 | $70,470 | $6,258 |
| 2023 | $47,170 | $19,430 | $66,600 | $5,833 |
| 2022 | $39,630 | $16,330 | $55,960 | $2,269 |
| 2021 | $36,930 | $15,220 | $52,150 | $4,448 |
| 2020 | $33,820 | $13,940 | $47,760 | $2,254 |
| 2019 | $33,820 | $13,940 | $47,760 | $2,193 |
| 2018 | $34,060 | $14,040 | $48,100 | $2,165 |
| 2017 | $33,330 | $13,740 | $47,070 | $2,239 |
| 2016 | $32,680 | $13,470 | $46,150 | $2,227 |
| 2015 | $32,680 | $13,470 | $46,150 | $2,244 |
| 2014 | $32,680 | $13,470 | $46,150 | $2,214 |
| 2013 | $31,780 | $13,470 | $45,250 | $2,185 |
| 2012 | $31,780 | $13,470 | $45,250 | $2,051 |
| 2011 | $31,780 | $13,470 | $45,250 | $1,936 |
| 2010 | $34,680 | $14,410 | $49,090 | $1,858 |
| 2009 | $34,680 | $14,410 | $49,090 | $1,825 |
| 2008 | $34,850 | $14,230 | $49,080 | $1,841 |
| 2006 | $32,490 | $13,270 | $45,760 | $3,058 |
| 2005 | $33,760 | $12,410 | $46,170 | $1,972 |
Property facts
Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,364 sqft
Lot size
9,230 sqft
ZIP code
61801
City
Urbana
Street
Colorado Ave
Coordinates
40.09442, -88.20152
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 507 Colorado Ave last sell?
No public-record sale is on file for 507 Colorado Ave.
What is the current tax assessment for 507 Colorado Ave?
The most recent total assessment for 507 Colorado Ave (year 2025) is $70,470 with $6,528 in property tax.
When was 507 Colorado Ave built?
507 Colorado Ave was built in 1956.
How does 507 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 507 Colorado Ave?
507 Colorado Ave is a 3 bed, 2 bath, 1,364 sqft, 9,230 sqft lot single_family.
Is 507 Colorado Ave a flip candidate?
No — 507 Colorado Ave does not appear in our flips dataset.
Is 507 Colorado Ave a tax-appeal candidate?
No — 507 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