601 Colorado Ave
Urbana, IL 61801
3 bd 3 ba 1,624 sqft Built 1955 Lot 9,148 sqft single_family
Most recent sale
$97,000
Apr 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2023 | Sold | $275,000 | MRED |
| Mar 12, 2023 | Listed | $275,000 | MRED |
| Apr 21, 2022 | Sold | $97,000 | MLS #11348313 |
| Mar 15, 2022 | Listed | $93,600 | MLS #11348313 |
| May 15, 2017 | Listing removed | $110,000 | MRED |
| Feb 16, 2017 | Listing removed | $110,000 | ChampaignArea |
| Jan 30, 2017 | Listed | $110,000 | MLS #09489029 |
| Jan 2, 2017 | Listed | $110,000 | MLS #2170014 |
| Jul 7, 1999 | Sold | $86,000 | Public Record |
| Aug 11, 1994 | Sold | $55,666 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $45,320 | $20,560 | $65,880 | $5,811 |
| 2023 | $42,840 | $19,430 | $62,270 | $6,051 |
| 2022 | $35,990 | $16,330 | $52,320 | $5,671 |
| 2021 | $33,540 | $15,220 | $48,760 | $4,621 |
| 2020 | $30,720 | $13,940 | $44,660 | $4,166 |
| 2019 | $30,720 | $13,940 | $44,660 | $4,049 |
| 2018 | $30,940 | $14,040 | $44,980 | $4,034 |
| 2017 | $30,280 | $13,740 | $44,020 | $3,973 |
| 2016 | $29,690 | $13,470 | $43,160 | $3,860 |
| 2015 | $29,690 | $13,470 | $43,160 | $3,895 |
| 2014 | $29,690 | $13,470 | $43,160 | $3,842 |
| 2013 | $29,170 | $13,470 | $42,640 | $3,833 |
| 2012 | $29,170 | $13,470 | $42,640 | $3,433 |
| 2011 | $29,170 | $13,470 | $42,640 | $3,439 |
| 2010 | $31,840 | $14,410 | $46,250 | $3,418 |
| 2009 | $31,840 | $14,410 | $46,250 | $3,357 |
| 2008 | $31,780 | $14,230 | $46,010 | $3,331 |
| 2006 | $29,630 | $13,270 | $42,900 | $3,111 |
| 2005 | $28,300 | $12,410 | $40,710 | $2,948 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,624 sqft
Lot size
9,148 sqft
ZIP code
61801
City
Urbana
Street
Colorado Ave
Coordinates
40.09442, -88.20127
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
$582
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 601 Colorado Ave last sell?
601 Colorado Ave most recently sold on Apr 21, 2022 for $97,000.
What is the current tax assessment for 601 Colorado Ave?
The most recent total assessment for 601 Colorado Ave (year 2024) is $65,880 with $5,811 in property tax.
How does 601 Colorado Ave's assessment compare to its last sale price?
The current assessment is 32.1% below the last sale price of $97,000.
When was 601 Colorado Ave built?
601 Colorado Ave was built in 1955.
How does 601 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 601 Colorado Ave?
601 Colorado Ave is a 3 bed, 3 bath, 1,624 sqft, 9,148 sqft lot single_family.
Is 601 Colorado Ave a flip candidate?
Yes — 601 Colorado Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 601 Colorado Ave a tax-appeal candidate?
No — 601 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