1008 E Florida Ave Urbana, IL 61801
Fairlawn Park NeighborhoodEstimated payment $888/month
Total Views
10,870
2
Beds
1.5
Baths
1,137
Sq Ft
$101
Price per Sq Ft
Highlights
- Ranch Style House
- Screened Porch
- Laundry Room
- Bonus Room
- Soaking Tub
- 3-minute walk to Crestview Park
About This Home
Investment opportunity in the heart of Urbana! Located just minutes from the University of Illinois, 1008 E Florida Ave is a 2 bedroom, 1.5 bath home with a 2-car garage and a fully fenced backyard. This property is currently tenant-occupied through July 31, 2026, with a strong rental income of $1,350/month. Tenants are responsible for all utilities and lawn care, making this a truly hands-off investment. Professionally managed by JSJ Property Management and being sold as-is, this is a great chance to own a well-located, income-producing property with consistent cash flow from day one.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,200
Year Built
- Built in 1952
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 80x55
- Fenced
- Paved or Partially Paved Lot
Parking
- 2.5 Car Garage
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
Interior Spaces
- 1,137 Sq Ft Home
- Wood Burning Fireplace
- Window Screens
- Family Room
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Screened Porch
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Wiley Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
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 | $3,012 | $31,030 | $11,810 | $19,220 |
| 2023 | $3,012 | $28,320 | $10,780 | $17,540 |
| 2022 | $2,823 | $26,080 | $9,930 | $16,150 |
| 2021 | $1,975 | $24,300 | $9,250 | $15,050 |
| 2020 | $1,892 | $23,590 | $8,980 | $14,610 |
| 2019 | $1,838 | $23,590 | $8,980 | $14,610 |
| 2018 | $1,834 | $23,750 | $9,040 | $14,710 |
| 2017 | $1,897 | $23,750 | $9,040 | $14,710 |
| 2016 | $1,887 | $23,750 | $9,040 | $14,710 |
| 2015 | $1,907 | $23,750 | $9,040 | $14,710 |
| 2014 | $1,882 | $23,750 | $9,040 | $14,710 |
| 2013 | $1,857 | $23,750 | $9,040 | $14,710 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $114,900 | -11.5% | $101 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $129,900 | -- | $114 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Warranty Deed | $78,500 | None Available | |
| Warranty Deed | $79,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $71,700 | Unknown | |
| Previous Owner | $74,955 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Urbana, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12418207
APN: 92-21-16-354-020
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