Both Units currently leased and managed by the Neves Group. Unit #1, main level, leased Section 8 for $750 until 28 Feb 2025. Tenant pays 2/3 of gas, electric, water, garbage, recycle, sewer. Long term tenant that will probably want to renew. New stove and refrigerator 2023. Unit #2, lower level, leased for $850 until 30 Sep 2024, all utilities included, rent subsidized by Regional Planning. Unit #2 was recently updated with new floor coverings and interior paint. Washer and Dryer located in lower level hallway. Attached two car shared garage with openers. Property has been approved by Section 8 which matches City code requirements. City inspected 2023.
Closed
$125,000
1504 Philo Rd, Urbana, IL 61802
3beds
--sqft
Multi Family
Built in ----
-- sqft lot
$157,700 Zestimate®
$--/sqft
$1,343 Estimated rent
Home value
$157,700
$145,000 - $172,000
$1,343/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Charles Dawson, GRI 217-202-9206,
RE/MAX REALTY ASSOCIATES-CHA
Bought with:
Ryan Dallas
RYAN DALLAS REAL ESTATE
Source: MRED as distributed by MLS GRID,MLS#: 11997326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Dimensions: 65 X 85 X 70 X 115
- Features: Irregular Lot
Details
- Parcel number: 922116378038
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Paved
- Security: Carbon Monoxide Detector(s)
Location
- Region: Urbana
Financial & listing details
- Tax assessed value: $108,030
- Annual tax amount: $3,273
- Date on market: 3/11/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2026 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Price change | $1,600-10.4% |
Source: Zillow Rentals Report a problem | ||
| 1/22/2026 | Price change | $1,786+5% |
Source: Zillow Rentals Report a problem | ||
| 11/24/2025 | Price change | $1,701-5.5% |
Source: Zillow Rentals Report a problem | ||
| 10/23/2025 | Price change | $1,800-10% |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Listed for rent | $2,000+158.1% |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Sold | $125,000-3.8% |
Source:  MRED as distributed by MLS GRID #11997326 Report a problem | ||
| 3/15/2024 | Contingent | $130,000 |
Source: MRED as distributed by MLS GRID #11997326 Report a problem | ||
| 3/11/2024 | Listed for sale | $130,000+52.9% |
Source: MRED as distributed by MLS GRID #11997326 Report a problem | ||
| 3/7/2017 | Listing removed | $775 |
Source: Neves Group Report a problem | ||
| 1/13/2017 | Listed for rent | $775+5.4% |
Source: Neves Group Report a problem | ||
| 10/30/2014 | Listing removed | $735 |
Source: Owner Report a problem | ||
| 10/24/2014 | Listed for rent | $735 |
Source: Owner Report a problem | ||
| 12/30/2012 | Listing removed | $735 |
Source: Neves Group Report a problem | ||
| 10/24/2012 | Listed for rent | $735 |
Source: Neves Group Report a problem | ||
| 1/15/2003 | Sold | $85,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,714 +6.3% | $36,010 +9.6% |
| 2023 | $3,494 +6.8% | $32,850 +8.6% |
| 2022 | $3,273 +7.6% | $30,240 +7.3% |
| 2021 | $3,042 +9.6% | $28,180 +9.2% |
| 2020 | $2,776 +3.4% | $25,810 |
| 2019 | $2,685 | $25,810 -0.7% |
| 2018 | $2,685 -3.3% | $25,990 |
| 2017 | $2,778 +0.6% | $25,990 |
| 2016 | $2,762 | $25,990 |
| 2015 | $2,762 +0.3% | $25,990 |
| 2014 | $2,755 -3.7% | $25,990 -5% |
| 2013 | $2,861 -9.9% | $27,350 |
| 2012 | $3,175 +5.9% | $27,350 -19.3% |
| 2011 | $2,997 +1% | $33,880 -1.6% |
| 2010 | $2,966 | $34,430 -1.4% |
| 2009 | -- | $34,930 +6.7% |
| 2008 | -- | $32,730 +1.8% |
| 2007 | $2,571 -1.5% | $32,150 +1.5% |
| 2006 | $2,610 +7.9% | $31,670 +8.7% |
| 2005 | $2,418 +4% | $29,140 +3.2% |
| 2004 | $2,325 +9.3% | $28,230 +6.2% |
| 2003 | $2,128 +44.3% | $26,580 +57% |
| 2002 | $1,474 +1% | $16,930 +1.2% |
| 2001 | $1,459 +4.7% | $16,730 +4.7% |
| 2000 | $1,393 | $15,980 |
Find assessor info on the county website
Neighborhood: 61802
Nearby homes
- $--2 bd1 ba1k sqft1504 Philo Rd #A, Urbana, IL 61802Off Market
- $115,7001 bd1 ba-- sqft1504 Philo Rd #2, Urbana, IL 61802Off Market
- $185,3002 bd1 ba-- sqft1504 Philo Rd #1, Urbana, IL 61802Off Market
- $--2 bd1 ba953 sqft1504 Philo Rd APT B, Urbana, IL 61802Off Market
- $163,0003 bd2 ba1.8k sqft1506 Philo Rd, Urbana, IL 61802Sold
- $1,0951 bd1 ba650 sqft1506 Philo Rd UNIT B, Urbana, IL 61802For Rent
- $--2 bd1 ba850 sqft1506 Philo Rd APT A, Urbana, IL 61802Off Market
- $211,4004 bd2 ba1.6k sqft1501 Briarcliff Dr, Urbana, IL 61802Off Market
Nearby schools
GreatSchools rating
- 3/10Thomas Paine Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Urbana High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Thomas Paine 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
- 61802
- 1504 Philo Rd
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