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2207 Michigan Ave

Urbana, IL 61802

3 bd 2 ba 1,512 sqft Built 2003 Lot 7,405 sqft single_family
Most recent sale
$210,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $210,000 MLS #11480972
Aug 2, 2022 Listed $199,900 MLS #11480972
Jul 2, 2018 Sold $149,000 MLS #09957549
May 21, 2018 Listed $156,000 MLS #09957549
Aug 1, 2011 Sold $151,000 Public Record
May 30, 2011 Price changed $156,900 MLS #2112286
May 3, 2011 Listed $157,900 MLS #2112286
Aug 4, 2003 Sold $154,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $56,070 $14,010 $70,080 $6,480
2024 $56,070 $14,010 $70,080 $6,213
2023 $53,000 $13,240 $66,240 $5,790
2022 $44,530 $11,120 $55,650 $5,374
2021 $41,500 $10,360 $51,860 $4,950
2020 $38,010 $9,490 $47,500 $4,464
2019 $38,010 $9,490 $47,500 $4,337
2018 $38,280 $9,560 $47,840 $4,323
2017 $37,460 $9,360 $46,820 $4,363
2016 $39,430 $9,850 $49,280 $4,600
2015 $39,430 $9,850 $49,280 $4,651
2014 $41,500 $10,370 $51,870 $4,863
2013 $43,680 $10,920 $54,600 $5,085
2012 $37,470 $10,180 $47,650 $3,903
2011 $37,470 $10,180 $47,650 $3,851
2010 $44,540 $10,780 $55,320 $4,042
2009 $44,540 $10,780 $55,320 $3,970
2008 $44,290 $10,650 $54,940 $3,924
2006 $41,150 $10,190 $51,340 $3,806
2005 $47,560 $6,550 $54,110 $4,055

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
7,405 sqft
ZIP code
61802
City
Urbana
Street
Michigan Ave
Coordinates
40.10159, -88.17884

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
$1,260
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2207 Michigan Ave last sell?
2207 Michigan Ave most recently sold on Sep 13, 2022 for $210,000.
What is the current tax assessment for 2207 Michigan Ave?
The most recent total assessment for 2207 Michigan Ave (year 2025) is $70,080 with $6,480 in property tax.
How does 2207 Michigan Ave's assessment compare to its last sale price?
The current assessment is 66.6% below the last sale price of $210,000.
When was 2207 Michigan Ave built?
2207 Michigan Ave was built in 2003.
How does 2207 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 2207 Michigan Ave?
2207 Michigan Ave is a 3 bed, 2 bath, 1,512 sqft, 7,405 sqft lot single_family.
Is 2207 Michigan Ave a flip candidate?
No — 2207 Michigan Ave does not appear in our flips dataset.
Is 2207 Michigan Ave a tax-appeal candidate?
No — 2207 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
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast

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