Welcome to 305 E Colorado, Urbana - a beautifully designed Mid-Century Modern home that blends timeless style with thoughtful updates. Featuring 4 bedrooms and 2 full bathrooms, this inviting space boasts vaulted beamed ceilings, rich hardwood floors, and an abundance of natural light. The open-concept layout enhances the home's airy feel, creating the perfect setting for both everyday living and entertaining. At the heart of the living and dining areas, a striking floor-to-ceiling wood-burning stone fireplace serves as a stunning focal point, with the option to convert it back to gas. The kitchen retains its vintage charm while offering modern functionality. Enter outside to a beautifully landscaped backyard, where a shaded deck provides an ideal space for morning coffee or evening gatherings. For gardening enthusiasts, a shed-turned-greenhouse (2024) offers a unique opportunity to cultivate plants year-round. This home has been pre-inspected for buyer peace of mind and includes key updates such as plumbing and electrical upgrades (2024), fresh interior and exterior paint (2024), and an updated bathroom countertop and sink (2024). The furnace and central air are just six years old, with a new AC compressor scheduled for Summer 2024. The roof is estimated to be 12-16 years old, and a radon mitigation system has already been installed. A two-car garage provides ample parking and storage space. The expansive basement adds incredible versatility, featuring a studio/arts & crafts space (the 4th bedroom since it has a door, closet & window), a large laundry room with a utility sink, and generous storage options. Built-in features throughout the home enhance both its character and functionality. Located just two miles from campus, this home offers the perfect blend of style, space, and convenience. Nearby parks, restaurants, grocery stores, pharmacies, and medical facilities ensure easy access to everything you need. Don't miss out on this great opportunity! This stunning Mid-Century Modern gem won't last long!
Closed
$265,000
305 E Colorado Ave, Urbana, IL 61801
4beds
1,805sqft
Single Family Residence
Built in 1954
0.27 Acres Lot
$308,300 Zestimate®
$147/sqft
$2,573 Estimated rent
Home value
$308,300
$290,000 - $327,000
$2,573/mo
Zestimate® history
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List your homeWhat's special
Floor-to-ceiling wood-burning stone fireplaceRich hardwood floorsVintage charmOpen-concept layoutBeautifully landscaped backyardAbundance of natural lightVaulted beamed ceilings
Zillow last checked:
Listing updated:
Listed by:
Tonya Yeazel 217-377-9923,
KELLER WILLIAMS-TREC
Bought with:
Lisa Duncan
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 12295750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9X12
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Bedroom 4
- Features: Flooring (Carpet)
- Level: Basement
- Area: 315 Square Feet
- Dimensions: 15X21
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11X15
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18X16
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Ceramic Tile)
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11X15
Laundry
- Features: Flooring (Other)
- Level: Basement
- Area: 150 Square Feet
- Dimensions: 10X15
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 403 Square Feet
- Dimensions: 13X31
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Washer, Dryer, Disposal, Humidifier
- Laundry: In Unit, Sink
Features
- Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Beamed Ceilings, Open Floorplan, Separate Dining Room
- Flooring: Hardwood
- Basement: Unfinished,Full
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 3,270
- Total interior livable area: 1,805 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Deck, Patio, Porch
Lot
- Size: 0.27 Acres
- Dimensions: 72.50X155X129.90X167.50
- Features: Irregular Lot, Mature Trees
Details
- Additional structures: Shed(s)
- Parcel number: 932120276010
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Paved
- Subdivision: University Downs
HOA
- Services included: None
Location
- Region: Urbana
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $207,570
- Annual tax amount: $6,084
- Date on market: 4/2/2025
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2025 | Sold | $265,000+10.9%$147/sqft |
Source:  MRED as distributed by MLS GRID #12295750 Report a problem | ||
| 4/7/2025 | Pending sale | $239,000$132/sqft |
Source: MRED as distributed by MLS GRID #12295750 Report a problem | ||
| 4/2/2025 | Listed for sale | $239,000+9.1%$132/sqft |
Source: MRED as distributed by MLS GRID #12295750 Report a problem | ||
| 3/1/2024 | Sold | $219,000-0.4%$121/sqft |
Source: MRED as distributed by MLS GRID #11874452 Report a problem | ||
| 1/17/2024 | Pending sale | $219,900$122/sqft |
Source:  Coldwell Banker Real Estate Group #11874452 Report a problem | ||
| 1/17/2024 | Contingent | $219,900$122/sqft |
Source: MRED as distributed by MLS GRID #11874452 Report a problem | ||
| 1/14/2024 | Listed for sale | $219,900$122/sqft |
Source: MRED as distributed by MLS GRID #11874452 Report a problem | ||
| 12/14/2023 | Listing removed | $219,900$122/sqft |
Source: Coldwell Banker Real Estate Group #11874452 Report a problem | ||
| 11/11/2023 | Price change | $219,900-3.3%$122/sqft |
Source: MRED as distributed by MLS GRID #11874452 Report a problem | ||
| 10/25/2023 | Listed for sale | $227,500+30%$126/sqft |
Source: MRED as distributed by MLS GRID #11874452 Report a problem | ||
| 2/14/2022 | Sold | $175,000-2.7%$97/sqft |
Source: Public Record Report a problem | ||
| 12/21/2021 | Contingent | $179,900$100/sqft |
Source: MRED as distributed by MLS GRID #11243914 Report a problem | ||
| 12/3/2021 | Listed for sale | $179,900$100/sqft |
Source: MRED as distributed by MLS GRID #11243914 Report a problem | ||
| 10/18/2021 | Contingent | $179,900$100/sqft |
Source: MRED as distributed by MLS GRID #11243914 Report a problem | ||
| 10/12/2021 | Listed for sale | $179,900$100/sqft |
Source: MRED as distributed by MLS GRID #11243914 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,525 +7.2% | $69,190 +9.6% |
| 2023 | $6,085 +19.1% | $63,130 +8.6% |
| 2022 | $5,109 +9.5% | $58,130 +7.3% |
| 2021 | $4,666 +12.1% | $54,170 +9.1% |
| 2020 | $4,162 +3.2% | $49,630 |
| 2019 | $4,034 | $49,630 -0.7% |
| 2018 | $4,034 -0.6% | $49,980 +2.2% |
| 2017 | $4,059 +3.1% | $48,910 +2% |
| 2016 | $3,935 | $47,950 |
| 2015 | $3,935 +0.5% | $47,950 |
| 2014 | $3,917 +1.3% | $47,950 |
| 2013 | $3,866 +8.7% | $47,950 |
| 2012 | $3,556 -0.7% | $47,950 |
| 2011 | $3,581 +0.3% | $47,950 -6.5% |
| 2010 | $3,569 | $51,300 -1.4% |
| 2009 | -- | $52,030 -0.1% |
| 2008 | -- | $52,090 +1.8% |
| 2007 | $3,346 +1.7% | $51,170 +5.4% |
| 2006 | $3,289 +5.4% | $48,570 +6% |
| 2005 | $3,122 +5.9% | $45,820 +3.2% |
| 2004 | $2,949 -0.8% | $44,400 +6.5% |
| 2003 | $2,972 +7.5% | $41,700 +11% |
| 2002 | $2,764 +4.8% | $37,570 +4.2% |
| 2001 | $2,637 +3.2% | $36,050 +2.3% |
| 2000 | $2,555 | $35,230 |
Find assessor info on the county website
Neighborhood: 61801
Nearby homes
- $241,900-- bd1 ba-- sqft303 E Colorado Ave, Urbana, IL 61801Off Market
- $171,0004 bd3 ba2.3k sqft401 E Colorado Ave, Urbana, IL 61801Sold
- $269,000-- bd2 ba960 sqft1909 S Harding Dr, Urbana, IL 61801Off Market
- $321,8004 bd2 ba2.5k sqft403 E Colorado Ave, Urbana, IL 61801Off Market
- $264,700-- bd1 ba1.4k sqft403 E Colorado Ave, Urbana, IL 61801Off Market
- $294,6003 bd3 ba2.2k sqft1907 S Harding Dr, Urbana, IL 61801Off Market
- $300,7004 bd2 ba1.9k sqft1904 S Vine St, Urbana, IL 61801Off Market
- $308,2004 bd2 ba2.7k sqft1911 S Harding Dr, Urbana, IL 61801Off Market
Nearby schools
GreatSchools rating
- 5/10Leal Elementary SchoolGrades: K-5Distance: 1 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Urbana High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Urbana Elementary School
- Middle: Urbana Middle School
- High: Urbana High School
- District: 116
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Champaign County
- Urbana
- 61801
- 305 E Colorado Ave
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