1307 Fairlawn Dr
Urbana, IL 61801
2 bd 2 ba 1,240 sqft Built 1961 single_family
Most recent sale
$137,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 12, 2025 | Sold | $170,000 | MRED |
| Apr 7, 2025 | Price changed | $182,900 | MRED |
| Mar 24, 2025 | Price changed | $183,900 | MRED |
| Feb 15, 2025 | Price changed | $184,900 | MRED |
| Jan 16, 2025 | Listed | $189,900 | MRED |
| May 2, 2022 | Sold | $137,000 | MLS #11311933 |
| Mar 4, 2022 | Listed | $125,000 | MLS #11311933 |
| Jun 9, 1993 | Sold | $45,666 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $34,900 | $12,490 | $47,390 | $4,001 |
| 2023 | $32,990 | $11,810 | $44,800 | $3,710 |
| 2022 | $27,720 | $9,930 | $37,650 | $3,425 |
| 2017 | $25,260 | $9,040 | $34,300 | $2,490 |
| 2016 | $25,260 | $9,040 | $34,300 | $2,476 |
| 2015 | $25,260 | $9,040 | $34,300 | $2,503 |
| 2014 | $25,260 | $9,040 | $34,300 | $2,470 |
| 2013 | $25,260 | $9,040 | $34,300 | $2,437 |
| 2012 | $25,260 | $9,040 | $34,300 | $2,277 |
| 2011 | $25,260 | $9,040 | $34,300 | $2,239 |
| 2010 | $26,770 | $9,480 | $36,250 | $2,229 |
| 2009 | $26,770 | $9,480 | $36,250 | $2,189 |
| 2008 | $27,310 | $9,360 | $36,670 | $2,234 |
| 2006 | $24,770 | $8,490 | $33,260 | $2,032 |
| 2005 | $26,340 | $6,280 | $32,620 | $2,280 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,240 sqft
Lot size
—
ZIP code
61801
City
Urbana
Street
Fairlawn Dr
Coordinates
40.10216, -88.19262
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
$822
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1307 Fairlawn Dr last sell?
1307 Fairlawn Dr most recently sold on May 2, 2022 for $137,000.
What is the current tax assessment for 1307 Fairlawn Dr?
The most recent total assessment for 1307 Fairlawn Dr (year 2024) is $47,390 with $4,001 in property tax.
How does 1307 Fairlawn Dr's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $137,000.
When was 1307 Fairlawn Dr built?
1307 Fairlawn Dr was built in 1961.
How does 1307 Fairlawn Dr compare to others on Fairlawn Dr?
We track 8 other properties on Fairlawn Dr. Browse the list under "Other properties on Fairlawn Dr" to compare beds, baths, and sale history.
What are the property facts for 1307 Fairlawn Dr?
1307 Fairlawn Dr is a 2 bed, 2 bath, 1,240 sqft single_family.
Is 1307 Fairlawn Dr a flip candidate?
No — 1307 Fairlawn Dr does not appear in our flips dataset.
Is 1307 Fairlawn Dr a tax-appeal candidate?
No — 1307 Fairlawn Dr 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 Fairlawn Dr