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113 Michigan Ave

Urbana, IL 61801

3 bd 2 ba 1,348 sqft Built 1950 Lot 12,010 sqft single_family
Most recent sale
$165,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $165,000 MLS #11335864

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $51,280 $21,390 $72,670 $6,465
2023 $48,470 $20,220 $68,690 $6,028
2022 $40,720 $16,990 $57,710 $3,037
2021 $37,950 $15,830 $53,780 $3,029
2020 $36,840 $15,370 $52,210 $3,018
2019 $36,840 $15,370 $52,210 $2,932
2018 $37,100 $15,480 $52,580 $2,899
2017 $37,100 $15,480 $52,580 $2,999
2016 $37,100 $15,480 $52,580 $2,982
2015 $37,100 $15,480 $52,580 $3,015
2014 $37,100 $15,480 $52,580 $2,975
2013 $37,100 $15,480 $52,580 $2,936
2012 $37,100 $15,480 $52,580 $2,723
2011 $37,100 $15,480 $52,580 $2,571
2010 $38,130 $15,770 $53,900 $2,723
2009 $38,130 $15,770 $53,900 $2,674
2008 $35,930 $15,000 $50,930 $2,657
2006 $34,530 $14,410 $48,940 $2,996
2005 $33,900 $12,230 $46,130 $2,770

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,348 sqft
Lot size
12,010 sqft
ZIP code
61801
City
Urbana
Street
Michigan Ave
Coordinates
40.10162, -88.20877

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 113 Michigan Ave last sell?
113 Michigan Ave most recently sold on Apr 29, 2022 for $165,000.
What is the current tax assessment for 113 Michigan Ave?
The most recent total assessment for 113 Michigan Ave (year 2024) is $72,670 with $6,465 in property tax.
How does 113 Michigan Ave's assessment compare to its last sale price?
The current assessment is 56.0% below the last sale price of $165,000.
When was 113 Michigan Ave built?
113 Michigan Ave was built in 1950.
How does 113 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 113 Michigan Ave?
113 Michigan Ave is a 3 bed, 2 bath, 1,348 sqft, 12,010 sqft lot single_family.
Is 113 Michigan Ave a flip candidate?
No — 113 Michigan Ave does not appear in our flips dataset.
Is 113 Michigan Ave a tax-appeal candidate?
No — 113 Michigan 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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