501 Cottage Grove Ave
Urbana, IL 61802
3 bd 1 ba 1,203 sqft Built 1908 Lot 6,098 sqft single_family
Most recent sale
$73,000
Mar 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 1, 2022 | Sold | $73,000 | MLS #11066926 |
| Nov 18, 2021 | Price changed | $85,000 | MLS #11066926 |
| Aug 30, 2021 | Relisted | $92,500 | MLS #11066926 |
| Aug 17, 2021 | Listing removed | $89,400 | MRED |
| Jul 23, 2021 | Price changed | $89,400 | MLS #11066926 |
| Jul 14, 2021 | Price changed | $89,900 | MLS #11066926 |
| Jul 1, 2021 | Price changed | $99,900 | MLS #11066926 |
| Jun 28, 2021 | Price changed | $104,000 | MLS #11066926 |
| May 7, 2021 | Listed | $105,000 | MLS #11066926 |
| Jul 8, 2009 | Sold | $88,000 | Public Record |
| May 21, 2009 | Listing removed | $89,900 | ChampaignArea |
| May 6, 2009 | Listed | $96,900 | MLS #2092112 |
| Aug 23, 1995 | Sold | $38,660 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $20,810 | $9,820 | $30,630 | $2,985 |
| 2023 | $19,670 | $9,280 | $28,950 | $2,810 |
| 2022 | $16,530 | $7,800 | $24,330 | $1,984 |
| 2021 | $25,860 | $7,270 | $33,130 | $2,928 |
| 2020 | $25,110 | $7,060 | $32,170 | $2,815 |
| 2019 | $25,110 | $7,060 | $32,170 | $2,735 |
| 2018 | $25,290 | $7,110 | $32,400 | $2,727 |
| 2017 | $25,290 | $7,110 | $32,400 | $2,822 |
| 2016 | $24,320 | $6,840 | $31,160 | $2,674 |
| 2015 | $23,380 | $6,580 | $29,960 | $2,575 |
| 2014 | $23,380 | $6,580 | $29,960 | $2,540 |
| 2013 | $23,380 | $6,580 | $29,960 | $2,507 |
| 2012 | $23,380 | $6,580 | $29,960 | $2,245 |
| 2011 | $23,380 | $6,580 | $29,960 | $2,120 |
| 2010 | $24,120 | $6,690 | $30,810 | $2,107 |
| 2009 | $24,120 | $6,690 | $30,810 | $2,069 |
| 2008 | $23,330 | $6,990 | $30,320 | $2,041 |
| 2006 | $25,200 | $6,220 | $31,420 | $2,169 |
| 2005 | $24,570 | $4,700 | $29,270 | $2,003 |
Property facts
Year built
1908
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,203 sqft
Lot size
6,098 sqft
ZIP code
61802
City
Urbana
Street
Cottage Grove Ave
Coordinates
40.10922, -88.19607
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
$438
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Cottage Grove Ave last sell?
501 Cottage Grove Ave most recently sold on Mar 1, 2022 for $73,000.
What is the current tax assessment for 501 Cottage Grove Ave?
The most recent total assessment for 501 Cottage Grove Ave (year 2024) is $30,630 with $2,985 in property tax.
How does 501 Cottage Grove Ave's assessment compare to its last sale price?
The current assessment is 58.0% below the last sale price of $73,000.
When was 501 Cottage Grove Ave built?
501 Cottage Grove Ave was built in 1908.
How does 501 Cottage Grove Ave compare to others on Cottage Grove Ave?
We track 8 other properties on Cottage Grove Ave. Browse the list under "Other properties on Cottage Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Cottage Grove Ave?
501 Cottage Grove Ave is a 3 bed, 1 bath, 1,203 sqft, 6,098 sqft lot single_family.
Is 501 Cottage Grove Ave a flip candidate?
No — 501 Cottage Grove Ave does not appear in our flips dataset.
Is 501 Cottage Grove Ave a tax-appeal candidate?
No — 501 Cottage Grove 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
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cottage Grove Ave