Tour
$1,661 Closing Credit¹
#12270220, Matt Difanis, Listing Office: RE/MAX REALTY ASSOCIATES-CHA
$144,900 List price
402 S Cottage Grove Ave Urbana, IL 61802
$1,721
Closing credit¹
3 beds
2 baths
House
Property details
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.
Highlights
Home typeResidential
HeatingNatural Gas, Forced Air
StatusActive
(New)
(New)
BasementYes
Year built1913
ParkingOn Site, Garage Owned, Detached, Garage
MLS #12330177
Garage1 space
Summary
- MLS Number: 12330177
- MLS Name: MRED
- Office Name: eXp Realty,LLC-Mahomet
- Office Phone: (217) 239-7113
- Listing Agent: Nate Evans
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$144,900
402 S Cottage Grove Ave
$1,721
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 08, 2018 | Home Sold | $546,833 |
| Sep 27, 2010 | Home Sold | $56,500 |
| Jun 03, 1997 | Home Sold | $52,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $24,310 | $2,585 |
| 2022 | $22,380 | $2,422 |
| 2021 | $20,860 | $2,251 |
| 2020 | $20,250 | $2,178 |
| 2019 | $20,250 | $2,116 |
| 2018 | $20,390 | $2,106 |
| 2017 | $20,390 | $2,179 |
History based on county public records data.
Nearby schools
3
Leal Elementary School
Public District KG-5
0.8 mi
•312 W Oregon St
1
Dr. Preston L. Williams Jr Elementary School
Public District KG-5
0.9 mi
•2102 E Washington St
3
Thomas Paine Elementary School
Public District KG-5
1.1 mi
•1801 James Cherry Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,263. The majority of Urbana, IL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
28%
<35k
61%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
13%
Single, with Kids
21%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
32%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Mexican League Soccer
Soccer
Where do the neighbors shop?
Dillards
Books-a-Million
Forever 21
Where do the neighbors go to eat?
Logan's Roadhouse
Church's Chicken
Dominos Pizza
What do the neighbors drive?
Hyundai
Toyota
Mazda
What do the neighbors listen to?
Rock
Adult Hits- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 402 S Cottage Grove Ave
This home is located at 402 S Cottage Grove Ave in Urbana, IL and zip code 61802. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $144,900.
Urbana, IL housing market in March 2025 saw over 6 listings sold above listed price, more than 6 sold at listed price and over 19 sold below. The inventory of homes for sale in Urbana, IL between February and March 2025 decreased by 0.8%. Listings spent 35 days on the market in March 2025, and had a median list price of $206,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.