501 Michigan Ave
Urbana, IL 61801
4 bd 3 ba 2,156 sqft Built 1913 Lot 16,553 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $100,200 | $56,930 | $157,130 | $15,283 |
| 2024 | $100,200 | $56,930 | $157,130 | $14,699 |
| 2023 | $94,710 | $53,810 | $148,520 | $13,775 |
| 2022 | $79,570 | $45,210 | $124,780 | $12,856 |
| 2021 | $74,160 | $42,130 | $116,290 | $12,553 |
| 2020 | $72,000 | $40,900 | $112,900 | $11,498 |
| 2019 | $72,000 | $40,900 | $112,900 | $11,171 |
| 2018 | $72,510 | $41,190 | $113,700 | $11,126 |
| 2017 | $72,510 | $41,190 | $113,700 | $12,151 |
| 2016 | $69,720 | $39,610 | $109,330 | $10,982 |
| 2015 | $67,360 | $38,270 | $105,630 | $10,169 |
| 2014 | $67,360 | $38,270 | $105,630 | $10,031 |
| 2013 | $68,730 | $39,050 | $107,780 | $10,125 |
| 2012 | $68,730 | $39,050 | $107,780 | $9,162 |
| 2011 | $68,730 | $39,050 | $107,780 | $8,650 |
| 2010 | $69,850 | $39,680 | $109,530 | $8,452 |
| 2009 | $69,850 | $39,680 | $109,530 | $8,635 |
| 2008 | $67,320 | $42,400 | $109,720 | $8,570 |
| 2006 | $62,570 | $39,410 | $101,980 | $7,961 |
| 2005 | $60,150 | $36,720 | $96,870 | $7,584 |
Property facts
Year built
1913
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,156 sqft
Lot size
16,553 sqft
ZIP code
61801
City
Urbana
Street
Michigan Ave
Coordinates
40.10158, -88.21319
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 501 Michigan Ave last sell?
No public-record sale is on file for 501 Michigan Ave.
What is the current tax assessment for 501 Michigan Ave?
The most recent total assessment for 501 Michigan Ave (year 2025) is $157,130 with $15,283 in property tax.
When was 501 Michigan Ave built?
501 Michigan Ave was built in 1913.
How does 501 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 501 Michigan Ave?
501 Michigan Ave is a 4 bed, 3 bath, 2,156 sqft, 16,553 sqft lot single_family.
Is 501 Michigan Ave a flip candidate?
No — 501 Michigan Ave does not appear in our flips dataset.
Is 501 Michigan Ave a tax-appeal candidate?
No — 501 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
+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 Michigan Ave