615 Colorado Ave
Urbana, IL 61801
6 bd 4 ba 2,080 sqft Built 1972 Lot 12,350 sqft multi_family
Most recent sale
$225,600
Dec 1, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Relisted | $242,000 | MRED |
| Apr 5, 2024 | Listing removed | — | MRED |
| Apr 4, 2024 | Listed | $242,000 | MRED |
| Dec 1, 2021 | Sold | $225,600 | MRED |
| Jun 19, 2018 | Sold | $147,500 | Public Record |
| Feb 18, 2002 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $41,330 | $27,330 | $68,660 | $6,700 |
| 2023 | $39,060 | $25,830 | $64,890 | $6,306 |
| 2022 | $32,820 | $21,700 | $54,520 | $5,909 |
| 2021 | $30,590 | $20,220 | $50,810 | $5,490 |
| 2020 | $29,700 | $19,630 | $49,330 | $4,667 |
| 2019 | $29,700 | $19,630 | $49,330 | $5,165 |
| 2018 | $31,550 | $19,770 | $51,320 | $5,308 |
| 2017 | $30,880 | $19,350 | $50,230 | $5,375 |
| 2016 | $30,270 | $18,970 | $49,240 | $5,241 |
| 2015 | $30,270 | $18,970 | $49,240 | $5,291 |
| 2014 | $30,270 | $18,970 | $49,240 | $5,219 |
| 2013 | $30,270 | $18,970 | $49,240 | $5,151 |
| 2012 | $30,270 | $18,970 | $49,240 | $4,613 |
| 2011 | $30,270 | $18,970 | $49,240 | $4,356 |
| 2010 | $30,760 | $19,280 | $50,040 | $4,249 |
| 2009 | $30,760 | $19,280 | $50,040 | $4,173 |
| 2008 | $29,890 | $18,500 | $48,390 | $3,979 |
| 2006 | $28,680 | $17,750 | $46,430 | $3,811 |
| 2005 | $26,810 | $15,020 | $41,830 | $3,453 |
Property facts
Year built
1972
Property type
multi_family
Stories
—
Beds
6
Baths
4
Living area
2,080 sqft
Lot size
12,350 sqft
ZIP code
61801
City
Urbana
Street
Colorado Ave
Coordinates
40.09442, -88.19928
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
$1,354
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 615 Colorado Ave last sell?
615 Colorado Ave most recently sold on Dec 1, 2021 for $225,600.
What is the current tax assessment for 615 Colorado Ave?
The most recent total assessment for 615 Colorado Ave (year 2024) is $68,660 with $6,700 in property tax.
How does 615 Colorado Ave's assessment compare to its last sale price?
The current assessment is 69.6% below the last sale price of $225,600.
When was 615 Colorado Ave built?
615 Colorado Ave was built in 1972.
How does 615 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 615 Colorado Ave?
615 Colorado Ave is a 6 bed, 4 bath, 2,080 sqft, 12,350 sqft lot multi_family.
Is 615 Colorado Ave a flip candidate?
No — 615 Colorado Ave does not appear in our flips dataset.
Is 615 Colorado Ave a tax-appeal candidate?
No — 615 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