2201 Michigan Ave
Urbana, IL 61802
3 bd 3 ba 1,770 sqft Built 2002 Lot 7,841 sqft single_family
Most recent sale
$220,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $220,000 | MLS #11438380 |
| Jun 23, 2022 | Listed | $220,000 | MLS #11438380 |
| Feb 13, 2018 | Sold | $150,000 | MLS #09815886 |
| Dec 27, 2017 | Listed | $154,900 | MLS #09815886 |
| Apr 4, 2016 | Sold | $140,500 | Public Record |
| Mar 4, 2016 | Listing removed | $141,000 | ChampaignArea |
| Sep 22, 2015 | Price changed | $149,900 | MLS #2153417 |
| Jul 23, 2015 | Listed | $154,000 | MLS #2153417 |
| Aug 8, 2006 | Sold | $155,000 | Public Record |
| Aug 6, 2003 | Sold | $149,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $53,350 | $14,010 | $67,360 | $6,205 |
| 2024 | $53,350 | $14,010 | $67,360 | $5,948 |
| 2023 | $50,430 | $13,240 | $63,670 | $5,540 |
| 2022 | $42,370 | $11,120 | $53,490 | $5,140 |
| 2021 | $39,490 | $10,360 | $49,850 | $4,733 |
| 2020 | $36,170 | $9,490 | $45,660 | $4,266 |
| 2019 | $36,170 | $9,490 | $45,660 | $4,144 |
| 2018 | $36,420 | $9,560 | $45,980 | $4,130 |
| 2017 | $35,640 | $9,360 | $45,000 | $4,168 |
| 2016 | $37,520 | $9,850 | $47,370 | $4,397 |
| 2015 | $37,520 | $9,850 | $47,370 | $4,446 |
| 2014 | $39,490 | $10,370 | $49,860 | $4,650 |
| 2013 | $41,570 | $10,920 | $52,490 | $4,864 |
| 2012 | $34,960 | $10,180 | $45,140 | $3,668 |
| 2011 | $34,960 | $10,180 | $45,140 | $3,620 |
| 2010 | $40,050 | $10,780 | $50,830 | $3,807 |
| 2009 | $40,050 | $10,780 | $50,830 | $3,739 |
| 2008 | $39,930 | $10,650 | $50,580 | $3,707 |
| 2006 | $38,220 | $10,190 | $48,410 | $3,565 |
| 2005 | $44,150 | $6,550 | $50,700 | $3,774 |
Property facts
Year built
2002
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,770 sqft
Lot size
7,841 sqft
ZIP code
61802
City
Urbana
Street
Michigan Ave
Coordinates
40.10158, -88.17965
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 2201 Michigan Ave last sell?
2201 Michigan Ave most recently sold on Aug 26, 2022 for $220,000.
What is the current tax assessment for 2201 Michigan Ave?
The most recent total assessment for 2201 Michigan Ave (year 2025) is $67,360 with $6,205 in property tax.
How does 2201 Michigan Ave's assessment compare to its last sale price?
The current assessment is 69.4% below the last sale price of $220,000.
When was 2201 Michigan Ave built?
2201 Michigan Ave was built in 2002.
How does 2201 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 2201 Michigan Ave?
2201 Michigan Ave is a 3 bed, 3 bath, 1,770 sqft, 7,841 sqft lot single_family.
Is 2201 Michigan Ave a flip candidate?
No — 2201 Michigan Ave does not appear in our flips dataset.
Is 2201 Michigan Ave a tax-appeal candidate?
No — 2201 Michigan Ave 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 Michigan Ave