Excellent opportunity to add this occupied duplex to your portfolio. Both units show very nicely! ach unit has 3 bedrooms 1.5 bath's and a one car garage. There have been many upgrades done recently such as the 7 year old roof. The furnaces are 2022 and 2024. Water heaters are 2019 and 2024. One of the units also comes with washer and dryers from 2024. Both tenants have been there for several years with leases ending July and December.
Closed
$252,000
615 E Colorado Ave, Urbana, IL 61801
6beds
--sqft
Multi Family
Built in 1972
-- sqft lot
$293,200 Zestimate®
$--/sqft
$1,400 Estimated rent
Home value
$293,200
$270,000 - $317,000
$1,400/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Nick Taylor, CRB,CRS,GRI 217-377-4353,
Taylor Realty Associates,
Jeff Morrison 815-535-6679,
Taylor Realty Associates
Bought with:
Casey Ryan
RE/MAX REALTY ASSOCIATES-CHA
Source: MRED as distributed by MLS GRID,MLS#: 12020875
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Gas Water Heater
Features
- Basement: None
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
Features
- Patio & porch: Patio
Lot
- Size: 0.28 Acres
- Dimensions: 95X130
Details
- Parcel number: 932121151003
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Urbana
Financial & listing details
- Tax assessed value: $194,670
- Annual tax amount: $5,909
- Date on market: 4/11/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2024 | Sold | $252,000+4.1% |
Source:  MRED as distributed by MLS GRID #12020875 Report a problem | ||
| 4/15/2024 | Contingent | $242,000 |
Source: MRED as distributed by MLS GRID #12020875 Report a problem | ||
| 4/11/2024 | Listed for sale | $242,000+7.3% |
Source: MRED as distributed by MLS GRID #12020875 Report a problem | ||
| 12/1/2021 | Sold | $225,600+2.5% |
Source: MRED as distributed by MLS GRID #11246633 Report a problem | ||
| 10/18/2021 | Contingent | $220,000 |
Source: MRED as distributed by MLS GRID #11246633 Report a problem | ||
| 10/14/2021 | Listed for sale | $220,000+49.2% |
Source: MRED as distributed by MLS GRID #11246633 Report a problem | ||
| 6/19/2018 | Sold | $147,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,701 +6.3% | $64,890 +9.6% |
| 2023 | $6,306 +6.7% | $59,210 +8.6% |
| 2022 | $5,909 +7.6% | $54,520 +7.3% |
| 2021 | $5,491 +17.6% | $50,810 +3% |
| 2020 | $4,668 -12.1% | $49,330 |
| 2019 | $5,309 | $49,330 -3.9% |
| 2018 | $5,309 -1.2% | $51,320 +2.2% |
| 2017 | $5,375 +2.6% | $50,230 +2% |
| 2016 | $5,241 | $49,240 |
| 2015 | $5,241 +0.4% | $49,240 |
| 2014 | $5,220 +1.3% | $49,240 |
| 2013 | $5,151 +11.6% | $49,240 |
| 2012 | $4,614 +5.9% | $49,240 |
| 2011 | $4,356 +2.5% | $49,240 -1.6% |
| 2010 | $4,250 | $50,040 |
| 2009 | -- | $50,040 +3.4% |
| 2008 | -- | $48,390 +1.8% |
| 2007 | $3,857 +1.2% | $47,530 +2.4% |
| 2006 | $3,812 +10.4% | $46,430 +11% |
| 2005 | $3,453 +0.5% | $41,830 +3.2% |
| 2004 | $3,437 +2.1% | $40,530 +2.6% |
| 2003 | $3,365 +6.3% | $39,500 +7.5% |
| 2002 | $3,167 -8% | $36,740 -7.8% |
| 2001 | $3,440 +2.7% | $39,860 +2.3% |
| 2000 | $3,349 | $38,970 |
Find assessor info on the county website
Neighborhood: 61801
Nearby homes
- $--3 bd2 ba1k sqft615 E Colorado Ave #B, Urbana, IL 61801Off Market
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- $279,0003 bd2 ba1.5k sqft611 E Colorado Ave, Urbana, IL 61801Off Market
Nearby schools
GreatSchools rating
- 5/10Leal Elementary SchoolGrades: K-5Distance: 1.1 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
- 61801
- 615 E Colorado Ave
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