504 Michigan Ave
Urbana, IL 61801
4 bd 2 ba 2,301 sqft Built 1912 Lot 7,841 sqft single_family
Most recent sale
$370,000
Jul 8, 2015
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 28, 2025 | Sold | $411,000 | MRED |
| Mar 21, 2025 | Price changed | $432,500 | MRED |
| Feb 12, 2025 | Listed | $443,900 | MRED |
| Apr 25, 2024 | Price changed | $460,000 | MRED |
| Feb 29, 2024 | Listed | $470,000 | MRED |
| Jul 8, 2015 | Sold | $370,000 | Public Record |
| May 2, 2015 | Listing removed | $369,900 | ChampaignArea |
| May 1, 2015 | Listed | $369,900 | ChampaignArea |
| Aug 17, 2006 | Sold | $333,000 | Public Record |
| Dec 15, 1993 | Sold | $122,666 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $123,670 | $32,470 | $156,140 | $14,602 |
| 2023 | $116,890 | $30,690 | $147,580 | $13,684 |
| 2022 | $98,200 | $25,780 | $123,980 | $12,770 |
| 2021 | $91,520 | $24,030 | $115,550 | $11,825 |
| 2020 | $88,850 | $23,330 | $112,180 | $11,421 |
| 2019 | $88,850 | $23,330 | $112,180 | $11,095 |
| 2018 | $89,480 | $23,490 | $112,970 | $11,051 |
| 2017 | $89,480 | $23,490 | $112,970 | $11,432 |
| 2016 | $86,040 | $22,590 | $108,630 | $10,908 |
| 2015 | $83,130 | $21,830 | $104,960 | $10,634 |
| 2014 | $83,130 | $21,830 | $104,960 | $10,490 |
| 2013 | $84,830 | $22,270 | $107,100 | $10,577 |
| 2012 | $84,830 | $22,270 | $107,100 | $9,473 |
| 2011 | $84,830 | $22,270 | $107,100 | $8,943 |
| 2010 | $86,210 | $22,630 | $108,840 | $8,733 |
| 2009 | $86,210 | $22,630 | $108,840 | $8,577 |
| 2008 | $83,130 | $21,580 | $104,710 | $8,158 |
| 2006 | $77,270 | $20,060 | $97,330 | $7,579 |
| 2005 | $74,300 | $18,730 | $93,030 | $7,267 |
Property facts
Year built
1912
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,301 sqft
Lot size
7,841 sqft
ZIP code
61801
City
Urbana
Street
Michigan Ave
Coordinates
40.10219, -88.21353
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 504 Michigan Ave last sell?
504 Michigan Ave most recently sold on Jul 8, 2015 for $370,000.
What is the current tax assessment for 504 Michigan Ave?
The most recent total assessment for 504 Michigan Ave (year 2024) is $156,140 with $14,602 in property tax.
How does 504 Michigan Ave's assessment compare to its last sale price?
The current assessment is 57.8% below the last sale price of $370,000.
When was 504 Michigan Ave built?
504 Michigan Ave was built in 1912.
How does 504 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 504 Michigan Ave?
504 Michigan Ave is a 4 bed, 2 bath, 2,301 sqft, 7,841 sqft lot single_family.
Is 504 Michigan Ave a flip candidate?
No — 504 Michigan Ave does not appear in our flips dataset.
Is 504 Michigan Ave a tax-appeal candidate?
No — 504 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