2503 Illinois St
Urbana, IL 61802
3 bd 1 ba 1,304 sqft Built 1963 Lot 1,510 sqft single_family
Most recent sale
$89,500
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $89,500 | MLS #11454242 |
| Aug 19, 2022 | Price changed | $89,500 | MLS #11454242 |
| Jul 29, 2022 | Price changed | $91,000 | MLS #11454242 |
| Jul 12, 2022 | Listed | $95,000 | MLS #11454242 |
| Aug 14, 2015 | Sold | $65,000 | Public Record |
| Jul 30, 1999 | Sold | $59,000 | Public Record |
| Sep 10, 1998 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $19,230 | $3,660 | $22,890 | $1,357 |
| 2024 | $19,230 | $3,660 | $22,890 | $1,256 |
| 2023 | $17,790 | $3,390 | $21,180 | $1,201 |
| 2022 | $15,360 | $2,930 | $18,290 | $1,604 |
| 2021 | $14,550 | $2,770 | $17,320 | $1,518 |
| 2020 | $13,880 | $2,640 | $16,520 | $1,448 |
| 2019 | $13,880 | $2,640 | $16,520 | $476 |
| 2018 | $13,530 | $2,570 | $16,100 | $443 |
| 2017 | $13,240 | $2,510 | $15,750 | $419 |
| 2016 | $12,880 | $2,440 | $15,320 | $390 |
| 2015 | $12,580 | $2,380 | $14,960 | $622 |
| 2014 | $13,010 | $2,460 | $15,470 | $828 |
| 2013 | $13,720 | $2,590 | $16,310 | $883 |
| 2012 | $14,140 | $2,670 | $16,810 | $1,611 |
| 2011 | $22,300 | $5,430 | $27,730 | $1,556 |
| 2010 | $22,300 | $5,430 | $27,730 | $1,503 |
| 2009 | $22,300 | $5,430 | $27,730 | $1,473 |
| 2008 | $22,300 | $5,430 | $27,730 | $1,500 |
| 2006 | $21,530 | $5,240 | $26,770 | $1,474 |
| 2005 | $19,830 | $4,830 | $24,660 | $1,346 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,304 sqft
Lot size
1,510 sqft
ZIP code
61802
City
Urbana
Street
Illinois St
Coordinates
40.10848, -88.17327
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$537
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 2503 Illinois St last sell?
2503 Illinois St most recently sold on Oct 3, 2022 for $89,500.
What is the current tax assessment for 2503 Illinois St?
The most recent total assessment for 2503 Illinois St (year 2025) is $22,890 with $1,357 in property tax.
How does 2503 Illinois St's assessment compare to its last sale price?
The current assessment is 74.4% below the last sale price of $89,500.
When was 2503 Illinois St built?
2503 Illinois St was built in 1963.
How does 2503 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 2503 Illinois St?
2503 Illinois St is a 3 bed, 1 bath, 1,304 sqft, 1,510 sqft lot single_family.
Is 2503 Illinois St a flip candidate?
No — 2503 Illinois St does not appear in our flips dataset.
Is 2503 Illinois St a tax-appeal candidate?
No — 2503 Illinois St 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 Illinois St