Here is your chance for that ideal investment opportunity. Located near shopping, restaurants, school and bus lines, for easy access to U of I. Rests on large lot. Main level 2 bedroom, lease expires June 2018. Current rent is $650/month. Lower level 1 bedroom, lease expires April 2018. Current rent is $450/month. Tenants pay gas, electric and power. Garage and lower level laundry are shared. Both units have very spacious rooms. Don't miss out on this opportunity. NEED TO SELL A HOME TO BUY THIS ONE? CALL TODAY TO LEARN MORE ABOUT RYAN'S GUARANTEED OFFER: 217-351-4900.
Sold for $163,000
$163,000
1506 Philo Rd, Urbana, IL 61802
3beds
1,870sqft
SingleFamily
Built in 1924
7,840 Square Feet Lot
$160,700 Zestimate®
$87/sqft
$1,844 Estimated rent
Home value
$160,700
$133,000 - $188,000
$1,844/mo
Zestimate® history
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$1,254/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Other, Hardwood
- Basement: Basement (not specified)
- Has fireplace: No
Interior area
- Total interior livable area: 1,870 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 922116453003
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Sewer-Public
Community & HOA
Location
- Region: Urbana
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $108,030
- Annual tax amount: $3,714
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $163,000+30.4%$87/sqft |
Source: Public Record Report a problem | ||
| 6/27/2023 | Sold | $125,000$67/sqft |
Source:  MRED as distributed by MLS GRID #11778013 Report a problem | ||
| 5/24/2023 | Pending sale | $125,000$67/sqft |
Source: MRED as distributed by MLS GRID #11778013 Report a problem | ||
| 5/22/2023 | Listed for sale | $125,000+56.4%$67/sqft |
Source: MRED as distributed by MLS GRID #11778013 Report a problem | ||
| 4/12/2019 | Listing removed | $79,900$43/sqft |
Source: RYAN DALLAS REAL ESTATE #09862934 Report a problem | ||
| 12/5/2018 | Listed for sale | $79,900$43/sqft |
Source: RYAN DALLAS REAL ESTATE #09862934 Report a problem | ||
| 11/29/2018 | Pending sale | $79,900$43/sqft |
Source: RYAN DALLAS REAL ESTATE #09862934 Report a problem | ||
| 11/8/2018 | Price change | $79,900-2.6%$43/sqft |
Source: RYAN DALLAS REAL ESTATE #09862934 Report a problem | ||
| 4/16/2018 | Price change | $82,000-0.6%$44/sqft |
Source: RYAN DALLAS REAL ESTATE #09862934 Report a problem | ||
| 10/19/2017 | Price change | $82,500-5.7%$44/sqft |
Source: Champaign #09674158 Report a problem | ||
| 7/7/2017 | Listed for sale | $87,500-2.7%$47/sqft |
Source: Keller Williams Realty #09674158 Report a problem | ||
| 5/16/2017 | Listing removed | $89,900$48/sqft |
Source: CENTURY 21 Heartland Real Estate #09495607 Report a problem | ||
| 7/13/2016 | Price change | $89,900-5.3%$48/sqft |
Source: CENTURY 21 Heartland Real Estate #09495607 Report a problem | ||
| 5/16/2016 | Listed for sale | $94,900$51/sqft |
Source: CENTURY 21 Heartland Real Estate #2162309 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,714 +6.3% | $36,010 +9.6% |
| 2023 | $3,494 +33.2% | $32,850 +8.6% |
| 2022 | $2,624 -13.7% | $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 -10.2% | $27,350 |
| 2012 | $3,185 +5.9% | $27,350 -19.5% |
| 2011 | $3,007 +1% | $33,990 -1.6% |
| 2010 | $2,977 | $34,540 -1.5% |
| 2009 | -- | $35,060 +6.4% |
| 2008 | -- | $32,960 +1.8% |
| 2007 | $2,589 -1.5% | $32,370 +1.5% |
| 2006 | $2,628 +6.6% | $31,890 +7.3% |
| 2005 | $2,466 +4% | $29,720 +3.2% |
| 2004 | $2,371 +9.2% | $28,790 +6.2% |
| 2003 | $2,170 +46.1% | $27,110 +58.9% |
| 2002 | $1,485 +1% | $17,060 +1.2% |
| 2001 | $1,470 +4.7% | $16,860 +4.7% |
| 2000 | $1,404 | $16,110 |
Find assessor info on the county website
Neighborhood: 61802
Nearby homes
- $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
- $125,0003 bd2 ba-- sqft1504 Philo Rd, Urbana, IL 61802Sold
- $--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
- $--2 bd1 ba800 sqft1505 Philo Rd #1505, Urbana, IL 61802Off Market
Nearby schools
GreatSchools rating
- 3/10Thomas Paine Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 0.9 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
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$160,700
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With Zillow Showcase(estimated)
$163,914
- Illinois
- Champaign County
- Urbana
- 61802
- 1506 Philo Rd
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