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  • $150,000

    408 W Illinois St, Urbana, IL 61801

    5beds
    --sqft
    Multi Family
    Built in 1895
    -- sqft lot
    $225,600 Zestimate®
    $--/sqft
    $1,306 Estimated rent

    Home value

    $225,600

    $201,000 - $250,000

    $1,306/mo

    Zestimate® history
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    What's special

    Located four blocks from campus, this two unit property is currently leased. Unit A for $995 including utilities located on first floor until 21 July 2024. Unit B is vacant with projected rent $1200 including utilities This unit has a finished attic space of approximately 490 sq ft that can only be used for storage according to the City of Urbana. The attic has electric baseboard heat, ample electrical outlets, but no active plumbing. This finished attic was formerly an efficiency apartment, no longer legal with R2 zoning. Cannot be a three unit property. New Central air 2022.

    Zillow last checked:

    Listing updated:

    Listed by:

    Charles Dawson, GRI 217-202-9206,

    RE/MAX REALTY ASSOCIATES-CHA

    Bought with:

    Nate Evans

    eXp Realty,LLC-Maho

    Source: MRED as distributed by MLS GRID,MLS#: 11758126MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Driveway, On Site, Owned
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,100 Square Feet
    • Dimensions: 50 X 62
    Details
    • Additional structures: None
    • Parcel number: 922117134010
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Urbana

    Financial & listing details

    • Tax assessed value: $199,200
    • Annual tax amount: $6,038
    • Date on market: 10/5/2023
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/15/2023Sold$150,000-6.3%
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    10/3/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    9/10/2023Contingent$160,000
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    7/29/2023Listed for sale$160,000
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    6/11/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    5/23/2023Contingent$160,000
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    5/16/2023Price change$160,000-5.9%
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    4/13/2023Listed for sale$170,000+17.2%
    Source: MRED as distributed by MLS GRID #11758126 Report a problem
    7/16/2021Sold$145,000-3.3%
    Source: MRED as distributed by MLS GRID #10627733 Report a problem
    10/29/2020Price change$150,000-14.3%
    Source: KELLER WILLIAMS-TREC #10627733 Report a problem
    3/15/2020Listed for sale$175,000+9.4%
    Source: KELLER WILLIAMS-TREC #10627733 Report a problem
    2/3/2020Listing removed$2,000
    Source: Klatt Properties Report a problem
    11/14/2019Price change$2,000+37.9%
    Source: Klatt Properties Report a problem
    8/28/2019Listed for rent$1,450
    Source: Klatt Properties Report a problem
    8/22/2019Listing removed$160,000
    Source: Beringer Realty #10381652 Report a problem
    5/27/2019Price change$160,000-5.3%
    Source: Beringer Realty #10381652 Report a problem
    5/16/2019Price change$169,000-5.6%
    Source: Beringer Realty #10381652 Report a problem
    3/20/2019Price change$179,000-3.2%
    Source: Beringer Realty #10087243 Report a problem
    9/19/2018Listing removed$1,450
    Source: Klatt Properties Report a problem
    9/19/2018Listed for sale$185,000-3.6%
    Source: Beringer Realty #10087243 Report a problem
    8/29/2018Price change$1,450-25.6%
    Source: Klatt Properties Report a problem
    8/6/2018Listed for rent$1,950-2.5%
    Source: Klatt Properties Report a problem
    3/6/2017Listing removed$2,000+5.3%
    Source: Keller Wiliams - The Real Estate Center of Illinois, LLC Report a problem
    6/2/2016Listing removed$1,900
    Source: Klatt Properties Report a problem
    1/6/2011Sold$192,000+102.1%
    Source: Public Record Report a problem
    6/4/2003Sold$95,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,849 +6.3%$66,400 +9.6%
    2023$6,445 +6.7%$60,590 +8.6%
    2022$6,039 +7.6%$55,790 +7.3%
    2021$5,612 +3.4%$51,990 +3%
    2020$5,430 -11.4%$50,480
    2019$6,129 $50,480 -14.9%
    2018$6,129 -3.3%$59,330
    2017$6,341 +3.6%$59,330 +3%
    2016$6,122 $57,600
    2015$6,122 +3.8%$57,600 +3.5%
    2014$5,900 -0.7%$55,650 -2%
    2013$5,940 +11.6%$56,780
    2012$5,321 +5.9%$56,780
    2011$5,023 +2.5%$56,780 -1.6%
    2010$4,900 $57,700
    2009-- $57,700 +8.4%
    2008-- $53,240 +1.8%
    2007$4,042 +1.2%$52,300 +7.5%
    2006$3,994 +10.4%$48,650 +11%
    2005$3,617 +10.5%$43,810 +3.2%
    2004$3,272 +11.3%$42,450 +12.9%
    2003$2,940 +7.9%$37,610 +18.9%
    2002$2,725 +24.8%$31,620 +2.7%
    2001$2,184 +7.9%$30,800 +6%
    2000$2,025 $29,060
    Find assessor info on the county website

    Neighborhood: 61801

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Leal 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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