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504 Florida Ave

Urbana, IL 61801

5 bd 3 ba 1,544 sqft Built 1955 Lot 6,098 sqft single_family
Most recent sale
$186,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 30, 2025 Listed for rent $2,200 MRED
Oct 10, 2025 Price changed $219,000 MRED
Sep 2, 2025 Price changed $219,900 MRED
Aug 22, 2025 Price changed $222,000 MRED
Jun 10, 2025 Listed $225,000 MRED
Mar 31, 2022 Sold $186,000 MLS #11235931
Dec 1, 2021 Price changed $179,900 MLS #11235931
Oct 2, 2021 Listed $184,900 MLS #11235931
Jul 14, 2017 Sold $114,000 MLS #09644107
Jun 1, 2017 Listed $119,900 MLS #09644107
Mar 14, 2000 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $40,090 $16,840 $56,930 $4,931
2023 $37,890 $15,920 $53,810 $4,584
2022 $31,830 $13,380 $45,210 $4,244
2021 $29,660 $12,470 $42,130 $3,900
2020 $28,800 $12,110 $40,910 $3,755
2019 $28,800 $12,110 $40,910 $3,648
2018 $29,000 $12,200 $41,200 $3,637
2017 $29,000 $12,200 $41,200 $3,762
2016 $29,000 $12,200 $41,200 $3,741
2015 $29,000 $12,200 $41,200 $3,783
2014 $29,000 $12,200 $41,200 $3,732
2013 $29,000 $12,200 $41,200 $3,683
2012 $29,000 $12,200 $41,200 $3,298
2011 $29,000 $12,200 $41,200 $3,114
2010 $30,210 $12,440 $42,650 $3,112
2009 $30,210 $12,440 $42,650 $3,057
2008 $28,670 $11,820 $40,490 $2,877
2006 $27,550 $11,360 $38,910 $2,784
2005 $27,680 $10,510 $38,190 $2,739

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
1,544 sqft
Lot size
6,098 sqft
ZIP code
61801
City
Urbana
Street
Florida Ave
Coordinates
40.09862, -88.20189

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,116
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 504 Florida Ave last sell?
504 Florida Ave most recently sold on Mar 31, 2022 for $186,000.
What is the current tax assessment for 504 Florida Ave?
The most recent total assessment for 504 Florida Ave (year 2024) is $56,930 with $4,931 in property tax.
How does 504 Florida Ave's assessment compare to its last sale price?
The current assessment is 69.4% below the last sale price of $186,000.
When was 504 Florida Ave built?
504 Florida Ave was built in 1955.
How does 504 Florida Ave compare to others on Florida Ave?
We track 8 other properties on Florida Ave. Browse the list under "Other properties on Florida Ave" to compare beds, baths, and sale history.
What are the property facts for 504 Florida Ave?
504 Florida Ave is a 5 bed, 3 bath, 1,544 sqft, 6,098 sqft lot single_family.
Is 504 Florida Ave a flip candidate?
No — 504 Florida Ave does not appear in our flips dataset.
Is 504 Florida Ave a tax-appeal candidate?
No — 504 Florida Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.5%
Implied 1-yr
+17.9%
2026 Q3
$312.7K
2026 Q4
$323.5K
ZIP 61801 — Median Price History + Forecast

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