1007 E Michigan Ave Urbana, IL 61801
Fairlawn Park NeighborhoodEstimated payment $1,065/month
Total Views
5,515
3
Beds
1
Bath
1,023
Sq Ft
$142
Price per Sq Ft
Highlights
- Living Room
- Ceramic Tile Flooring
- Central Air
- Laundry Room
- 1-Story Property
- Dining Room
About This Home
Discover instant income potential in this 3 bedroom, 1 bath ranch home peacefully nestled in Urbana's Fairlawn Park neighborhood. The spacious living room features neutral tones and great natural light while the galley kitchen offers plenty of cabinet and counter space. The back dining room provides fantastic entertaining space plus access to the backyard. Down the hall, three large bedrooms with ample closet space share the full bath. Soak up the beautiful sunshine in the fenced backyard. Currently rented through July 2025. Add this one to your portfolio today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,314
Year Built
- Built in 1952
Lot Details
- Lot Dimensions are 60x80x50x24x115
Parking
- 1 Car Garage
- Parking Included in Price
Interior Spaces
- 1,023 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Schools
- Urbana Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,315 | $40,720 | $11,810 | $28,910 |
| 2023 | $3,315 | $37,160 | $10,780 | $26,380 |
| 2022 | $3,055 | $34,220 | $9,930 | $24,290 |
| 2021 | $2,795 | $31,890 | $9,250 | $22,640 |
| 2020 | $2,685 | $30,960 | $8,980 | $21,980 |
| 2019 | $2,608 | $30,960 | $8,980 | $21,980 |
| 2018 | $2,600 | $31,170 | $9,040 | $22,130 |
| 2017 | $2,690 | $31,170 | $9,040 | $22,130 |
| 2016 | $2,675 | $31,170 | $9,040 | $22,130 |
| 2015 | $3,350 | $31,170 | $9,040 | $22,130 |
| 2014 | $2,668 | $31,170 | $9,040 | $22,130 |
| 2013 | $2,633 | $31,170 | $9,040 | $22,130 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Price Changed | $145,000 | 0.0% | $142 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $145,000 | +3.6% | $142 / Sq Ft |
| 11/06/2024 11/06/24 | Off Market | $140,000 | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $140,000 | -- | $137 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $103,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,060 | Fannie Mae Freddie Mac | |
| Previous Owner | $72,700 | Unknown |
Source: Public Records
Similar Homes in Urbana, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12139875
APN: 92-21-16-351-021
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