507 Vermont Ave
Urbana, IL 61801
3 bd 2 ba 1,640 sqft Built 1931 Lot 5,706 sqft single_family
Most recent sale
$257,000
Jun 2, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2024 | Sold | $335,000 | MRED |
| Mar 21, 2024 | Listed | $335,000 | MRED |
| Jun 2, 2021 | Sold | $257,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $68,980 | $30,560 | $99,540 | $9,459 |
| 2024 | $68,980 | $30,560 | $99,540 | $9,084 |
| 2023 | $65,200 | $28,880 | $94,080 | $8,492 |
| 2022 | $54,780 | $24,260 | $79,040 | $7,905 |
| 2021 | $51,050 | $22,610 | $73,660 | $6,764 |
| 2020 | $49,560 | $21,950 | $71,510 | $6,508 |
| 2019 | $49,560 | $21,950 | $71,510 | $6,323 |
| 2018 | $49,910 | $22,100 | $72,010 | $6,302 |
| 2017 | $49,910 | $22,100 | $72,010 | $6,520 |
| 2016 | $47,990 | $21,250 | $69,240 | $6,190 |
| 2015 | $46,370 | $20,530 | $66,900 | $6,007 |
| 2014 | $46,370 | $20,530 | $66,900 | $5,926 |
| 2013 | $47,320 | $20,950 | $68,270 | $5,991 |
| 2012 | $47,320 | $20,950 | $68,270 | $5,460 |
| 2011 | $47,320 | $20,950 | $68,270 | $5,154 |
| 2010 | $48,090 | $21,290 | $69,380 | $5,042 |
| 2009 | $48,090 | $21,290 | $69,380 | $4,952 |
| 2008 | $46,330 | $20,300 | $66,630 | $4,698 |
| 2006 | $43,060 | $18,870 | $61,930 | $4,386 |
| 2005 | $41,240 | $17,590 | $58,830 | $4,196 |
Property facts
Year built
1931
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,640 sqft
Lot size
5,706 sqft
ZIP code
61801
City
Urbana
Street
Vermont Ave
Coordinates
40.09961, -88.21369
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
$2,952
Gross rental yield
13.78%
Implied cap rate
8.96%
Trend-extrapolated value
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Frequently asked questions
When did 507 Vermont Ave last sell?
507 Vermont Ave most recently sold on Jun 2, 2021 for $257,000.
What is the current tax assessment for 507 Vermont Ave?
The most recent total assessment for 507 Vermont Ave (year 2025) is $99,540 with $9,459 in property tax.
How does 507 Vermont Ave's assessment compare to its last sale price?
The current assessment is 61.3% below the last sale price of $257,000.
When was 507 Vermont Ave built?
507 Vermont Ave was built in 1931.
How does 507 Vermont Ave compare to others on Vermont Ave?
We track 8 other properties on Vermont Ave. Browse the list under "Other properties on Vermont Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Vermont Ave?
507 Vermont Ave is a 3 bed, 2 bath, 1,640 sqft, 5,706 sqft lot single_family.
Is 507 Vermont Ave a flip candidate?
No — 507 Vermont Ave does not appear in our flips dataset.
Is 507 Vermont Ave a tax-appeal candidate?
No — 507 Vermont 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 Vermont Ave