713 Michigan Ave
Urbana, IL 61801
3 bd 1 ba 1,313 sqft Built 1952 Lot 6,534 sqft single_family
Most recent sale
$155,000
Oct 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 19, 2022 | Sold | $155,000 | MLS #11430092 |
| Aug 26, 2022 | Price changed | $155,000 | MLS #11430092 |
| Aug 9, 2022 | Listed | $169,000 | MLS #11430092 |
| Apr 22, 2022 | Sold | $84,000 | Public Record |
| Sep 17, 2017 | Relisted | $104,900 | MLS #09709347 |
| Aug 28, 2017 | Relisted | $104,900 | MLS #09709347 |
| Aug 2, 2017 | Listed | $104,900 | MLS #09709347 |
| Aug 29, 2008 | Sold | $114,000 | Public Record |
| Jan 16, 2003 | Sold | $87,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $33,800 | $12,490 | $46,290 | $3,894 |
| 2023 | $31,950 | $11,810 | $43,760 | $3,609 |
| 2022 | $26,840 | $9,930 | $36,770 | $3,979 |
| 2021 | $25,010 | $9,250 | $34,260 | $3,050 |
| 2020 | $24,280 | $8,980 | $33,260 | $2,932 |
| 2019 | $24,280 | $8,980 | $33,260 | $2,849 |
| 2018 | $24,450 | $9,040 | $33,490 | $2,840 |
| 2017 | $24,450 | $9,040 | $33,490 | $2,938 |
| 2016 | $24,450 | $9,040 | $33,490 | $2,922 |
| 2015 | $24,450 | $9,040 | $33,490 | $2,954 |
| 2014 | $24,450 | $9,040 | $33,490 | $2,914 |
| 2013 | $24,450 | $9,040 | $33,490 | $2,876 |
| 2012 | $24,450 | $9,040 | $33,490 | $2,576 |
| 2011 | $24,450 | $9,040 | $33,490 | $2,520 |
| 2010 | $25,710 | $9,480 | $35,190 | $2,479 |
| 2009 | $25,710 | $9,480 | $35,190 | $2,435 |
| 2008 | $24,260 | $9,370 | $33,630 | $2,313 |
| 2006 | $22,140 | $8,490 | $30,630 | $2,104 |
| 2005 | $23,450 | $6,280 | $29,730 | $2,041 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,313 sqft
Lot size
6,534 sqft
ZIP code
61801
City
Urbana
Street
Michigan Ave
Coordinates
40.10135, -88.19871
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
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 713 Michigan Ave last sell?
713 Michigan Ave most recently sold on Oct 19, 2022 for $155,000.
What is the current tax assessment for 713 Michigan Ave?
The most recent total assessment for 713 Michigan Ave (year 2024) is $46,290 with $3,894 in property tax.
How does 713 Michigan Ave's assessment compare to its last sale price?
The current assessment is 70.1% below the last sale price of $155,000.
When was 713 Michigan Ave built?
713 Michigan Ave was built in 1952.
How does 713 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 713 Michigan Ave?
713 Michigan Ave is a 3 bed, 1 bath, 1,313 sqft, 6,534 sqft lot single_family.
Is 713 Michigan Ave a flip candidate?
Yes — 713 Michigan Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 713 Michigan Ave a tax-appeal candidate?
No — 713 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