1 month on rocket

402 S Cottage Grove Ave, Urbana, IL, 61802

$144,900

Home List Price

$1,721*

Closing Credit

3 Bedrooms
2 Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

402 S Cottage Grove Ave, Urbana$144,900

Buyer Closing Credits

$1,721*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Garage1 space
Year Built1913
HeatingNatural Gas, Forced Air
BasementYes
MLS #12139558
StatusActive

About 402 S Cottage Grove Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1913

Listing Office:

  • Office Name: eXp Realty,LLC-Maho
  • Office Phone: (217) 239-7113
  • Listing Agent: Nate Evans

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Urbana High School, Public District Grades 9-12
  • Urbana Middle School, Public District Grades 6-8
  • Leal Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South on Cunningham/Vine, East onto Green, South on Cottage Grove

Price Information

Listing Price Info

Price Summary:

  • List Price: $144,900

Tax Information:

  • Annual Amount: $2,178
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Urbana, IL.

Med. Sold Price

$195.6K

Med. Price/SqFt

$138

Avg. Days On Market

30

# of Sold Homes

38

402 S Cottage Grove Ave vs Urbana

43 DAYS ON ROCKET

+13 Days

$144,900

-$50.7K Less

KEY TAKEAWAY

This property is $50.7K less than the Median Sold Price in Urbana, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12139558

Listing Office:

  • Office Name: eXp Realty,LLC-Maho
  • Office Phone: (217) 239-7113
  • Listing Agent: Nate Evans

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/28/2024, 11:15:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 08, 2018Home Sold
$73,500
Sep 27, 2010Home Sold
$56,500
Jun 03, 1997Home Sold
$52,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,178$20,250
2019$2,116$20,250
2018$2,106$20,390
2017$2,179$20,390

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1285067
3
/10
  • Leal Elementary School

  • 312 W Oregon St

  • 0.84 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1285068
2
/10
  • Urbana Middle School

  • 1201 S Vine St

  • 0.73 miles

  • Public District Grades 6-8

High School

school-card-donut-1285069
3
/10
  • Urbana High School

  • 1002 S Race St

  • 0.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,263. Most Urbana, IL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 S Cottage Grove Ave

What is the listing price of this property?

The listing price of 402 S Cottage Grove Ave property is $144,900.

What type of property is this?

The property 402 S Cottage Grove Ave is a house located in Urbana, Illinois, 61802.

Is this property for sale now?

Active Listing: 402 S Cottage Grove Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 402 S Cottage Grove Ave are:
Leal Elementary School: GreatSchools Rating 3/10
Urbana Middle School: GreatSchools Rating 2/10
Urbana High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,178 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 8, 2018 for $73,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 402 S Cottage Grove Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 402 S Cottage Grove Ave is 1913.

Rocket Homes›Illinois›Champaign County›Urbana›61802›402 S Cottage Grove Ave

This home is located at 402 S Cottage Grove Ave in Urbana, IL and zip code 61802. This home was built in 1913. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $144,900.

Urbana, IL housing market in August 2024 saw over 13 listings sold above listed price, more than 10 sold at listed price and over 15 sold below. The number of listings in Urbana, IL decreased by 5% between July 2024 and August 2024. In August 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $195,650.

From Rocket Homes Real Estate and based on county public records data.

More Resources