Positioned in the Historical Urbana District sits this charming duplex style bungalow. This cash flowing investment opportunity brings in 19,200/year. Offers charm, income and updates. Downstairs unit offers 2 bedrooms and an updated kitchen. Rents out for 850/month until 7/2025. Kitchen offers maple cabinets and some newer appliances. Original hardwood floors, and newer carpet. Upstairs efficiency unit is 1 bedroom - has been updated as well and collects 675/month rent. It also offers its own laundry hookups. The detached garage also rents for 75/month. Front porch and backyard patio space. Located near restaurants, bus-lines, and convenient access to downtown Urbana and the U of I. Roof was replaced in 2017. Garage and back entrance access from the back alley.
Closed
$145,000
402 S Cottage Grove Ave, Urbana, IL 61802
3beds
--sqft
Multi Family
Built in 1913
-- sqft lot
$149,600 Zestimate®
$--/sqft
$1,261 Estimated rent
Home value
$149,600
$133,000 - $168,000
$1,261/mo
Zestimate® history
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List your homeWhat's special
Original hardwood floorsNewer carpetBackyard patio spaceUpdated kitchenFront porchLaundry hookupsMaple cabinets
Zillow last checked:
Listing updated:
Listed by:
Nate Evans 217-493-9297,
eXp Realty,LLC-Mahomet
Bought with:
Brandon Moore
RE/MAX Choice
Source: MRED as distributed by MLS GRID,MLS#: 12330177
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,Unfinished,Full
Property
Parking
- Total spaces: 1.5
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 1.5
Features
- Patio & porch: Porch
Lot
- Size: 6,800 Square Feet
- Dimensions: 50X136
Details
- Parcel number: 922116130007
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Urbana
Financial & listing details
- Tax assessed value: $79,920
- Annual tax amount: $2,586
- Date on market: 4/5/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2025 | Sold | $145,000+0.1% |
Source:  MRED as distributed by MLS GRID #12330177 Report a problem | ||
| 4/10/2025 | Contingent | $144,900 |
Source: MRED as distributed by MLS GRID #12330177 Report a problem | ||
| 4/5/2025 | Listed for sale | $144,900 |
Source: MRED as distributed by MLS GRID #12330177 Report a problem | ||
| 9/11/2024 | Listing removed | $144,900 |
Source: MRED as distributed by MLS GRID #12139558 Report a problem | ||
| 8/15/2024 | Listed for sale | $144,900-73.5% |
Source: MRED as distributed by MLS GRID #12139558 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/17/2018 | Listing removed | $635 |
Source: Owner Report a problem | ||
| 10/15/2018 | Listed for rent | $635 |
Source: Owner Report a problem | ||
| 5/8/2018 | Sold | $546,833+867.8% |
Source: Public Record Report a problem | ||
| 9/27/2010 | Sold | $56,500-10.2% |
Source: Public Record Report a problem | ||
| 8/7/2010 | Listed for sale | $62,900 |
Source: RE/MAX Realty Associates #2103950 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,748 +6.3% | $26,640 +9.6% |
| 2023 | $2,586 +6.7% | $24,310 +8.6% |
| 2022 | $2,422 +7.6% | $22,380 +7.3% |
| 2021 | $2,252 +3.4% | $20,860 +3% |
| 2020 | $2,178 +3.4% | $20,250 |
| 2019 | $2,107 | $20,250 -0.7% |
| 2018 | $2,107 -3.3% | $20,390 |
| 2017 | $2,179 +4.6% | $20,390 +4% |
| 2016 | $2,084 | $19,610 |
| 2015 | $2,084 +0.3% | $19,610 |
| 2014 | $2,079 +1.3% | $19,610 |
| 2013 | $2,052 +11.7% | $19,610 |
| 2012 | $1,838 +5.9% | $19,610 |
| 2011 | $1,735 +46.8% | $19,610 -1.6% |
| 2010 | $1,182 | $19,920 -38.4% |
| 2009 | -- | $32,320 +9.8% |
| 2008 | -- | $29,430 +1.8% |
| 2007 | $1,940 +4.1% | $28,910 +4.4% |
| 2006 | $1,863 +17.5% | $27,700 +14.4% |
| 2005 | $1,586 +13% | $24,210 +3.2% |
| 2004 | $1,403 -5.9% | $23,460 +11.7% |
| 2003 | $1,491 +5.7% | $21,000 +5.7% |
| 2002 | $1,411 +7.8% | $19,870 +6.5% |
| 2001 | $1,308 +7% | $18,660 +5.2% |
| 2000 | $1,223 | $17,730 |
Find assessor info on the county website
Neighborhood: 61802
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Nearby schools
GreatSchools rating
- 5/10Leal Elementary SchoolGrades: K-5Distance: 0.8 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Urbana High SchoolGrades: 9-12Distance: 0.8 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
- 61802
- 402 S Cottage Grove Ave
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