702 Illinois St
Urbana, IL 61801
4 bd 2 ba 1,713 sqft Built 1947 Lot 5,468 sqft single_family
Most recent sale
$220,000
Jul 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 7, 2025 | Sold | $238,000 | MRED |
| Dec 19, 2024 | Listed | $250,000 | MRED |
| Jul 13, 2022 | Sold | $220,000 | MLS #11414854 |
| Jun 9, 2022 | Listed | $240,000 | MLS #11414854 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $61,290 | $19,210 | $80,500 | $7,229 |
| 2023 | $57,930 | $18,160 | $76,090 | $6,747 |
| 2022 | $48,670 | $15,260 | $63,930 | $6,919 |
| 2021 | $45,360 | $14,220 | $59,580 | $6,431 |
| 2020 | $44,040 | $13,810 | $57,850 | $6,223 |
| 2019 | $44,040 | $13,810 | $57,850 | $6,045 |
| 2018 | $44,350 | $13,910 | $58,260 | $6,019 |
| 2017 | $44,350 | $13,910 | $58,260 | $6,227 |
| 2016 | $43,060 | $13,500 | $56,560 | $6,012 |
| 2015 | $41,600 | $13,040 | $54,640 | $5,872 |
| 2014 | $41,600 | $13,040 | $54,640 | $5,792 |
| 2013 | $42,450 | $13,310 | $55,760 | $5,834 |
| 2012 | $42,450 | $13,310 | $55,760 | $5,225 |
| 2011 | $42,450 | $13,310 | $55,760 | $4,933 |
| 2010 | $43,140 | $13,530 | $56,670 | $4,813 |
| 2009 | $43,140 | $13,530 | $56,670 | $4,727 |
| 2008 | $45,140 | $12,940 | $58,080 | $4,776 |
| 2006 | $41,250 | $11,820 | $53,070 | $4,357 |
| 2005 | $39,690 | $10,880 | $50,570 | $4,174 |
Property facts
Year built
1947
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,713 sqft
Lot size
5,468 sqft
ZIP code
61801
City
Urbana
Street
Illinois St
Coordinates
40.10931, -88.21645
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
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 702 Illinois St last sell?
702 Illinois St most recently sold on Jul 13, 2022 for $220,000.
What is the current tax assessment for 702 Illinois St?
The most recent total assessment for 702 Illinois St (year 2024) is $80,500 with $7,229 in property tax.
How does 702 Illinois St's assessment compare to its last sale price?
The current assessment is 63.4% below the last sale price of $220,000.
When was 702 Illinois St built?
702 Illinois St was built in 1947.
How does 702 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 702 Illinois St?
702 Illinois St is a 4 bed, 2 bath, 1,713 sqft, 5,468 sqft lot single_family.
Is 702 Illinois St a flip candidate?
No — 702 Illinois St does not appear in our flips dataset.
Is 702 Illinois St a tax-appeal candidate?
No — 702 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
+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 Illinois St