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Off market
  • Tax assessed value
    $231,750

    502 E Harding Dr, Urbana, IL 61801

    5beds
    1,798sqft
    SingleFamily
    Built in 1956
    10,454 Square Feet Lot
    $-- Zestimate®
    $129/sqft
    $2,581 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,581/mo

    Zestimate® history
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    What's special

    Second kitchenetteCorner lotFenced yard and patioLaundry area

    FOR SALE — INVESTOR PROPERTY - Turnkey 5BR/3BA Student Rental Near UI Vet School | High-Demand, Low-Vacancy -Rare opportunity to acquire a fully-rented, furnished, 5-bedroom, 3-bath student rental in Urbana, IL, located minutes from the UI Vet School — one of the most stable and reliable tenant pools in the region. This property has a long history of renting to Grad and Vet students who stay multiple years, creating consistent cash flow and minimal turnover. PROPERTY FEATURES: 5 true bedrooms 3 full bathrooms Finished basement with 2 bedrooms + living area, second kitchenette and laundry area Corner lot with fenced yard and patio Garage + driveway parking Washer/dryer included Strong rental history with Grad and Vet students Easy to rent year after year INVESTMENT HIGHLIGHTS Historically low vacancy High demand from Grad and Vet students (stable, long-term tenants) Turnkey setup for multi-tenant living Ideal for out-of-state or hands-off investors Perfect for parents wanting housing for their Vet student while renting the other rooms Financials, rent roll, and pro forma available upon request

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,798 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage - Attached, Off-street, On-street
    Features
    • Exterior features: Other
    Lot
    • Size: 10,454 sqft
    Details
    • Parcel number: 932120280003

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1956

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Urbana

    Other

    Other facts
    • Addtl Room 2 Level: Not Applicable
    • Addtl Room 3 Level: Not Applicable
    • Addtl Room 4 Level: Not Applicable
    • Addtl Room 5 Level: Not Applicable
    • Air Conditioning: Central Air
    • Appliances: Oven/Range, Dishwasher, Refrigerator, Range Hood
    • Built Before 1978 (Y/N): Yes
    • Dining Room: Separate
    • Heat/Fuel: Gas
    • Sewer: Sewer-Public
    • Water: Public
    • Listing Type: Exclusive Right To Sell
    • Master Bedroom Flooring: Carpet
    • Parking Type: Garage
    • Tax Exemptions: Homeowner
    • 2nd Bedroom Level: Main Level
    • Dining Room Flooring: Wood Laminate
    • Dining Room Level: Main Level
    • Kitchen Type: Eating Area-Breakfast Bar
    • Kitchen Level: Main Level
    • Living Room Flooring: Wood Laminate
    • Living Room Level: Main Level
    • Master Bedroom Level: Main Level
    • Exposure: S (South)
    • Other Information: School Bus Service, Commuter Bus
    • Fireplace Type/Details: Wood Burning
    • Basement Bathrooms (Y/N): Yes
    • 3rd Bedroom Flooring: Carpet
    • Addtl Room 1 Flooring: Carpet
    • Basement: Partially Finished
    • Lot Description: Corner
    • 3rd Bedroom Level: Main Level
    • 4th Bedroom Flooring: Carpet
    • Exterior Building Type: Other
    • Family Room Level: Basement
    • Addtl Room 1 Level: Basement
    • 4th Bedroom Level: Basement
    • Addtl Room 1 Name: 5th Bdrm
    • Addtl Room 10 Level: Not Applicable
    • Addtl Room 6 Level: Not Applicable
    • Addtl Room 7 Level: Not Applicable
    • Addtl Room 8 Level: Not Applicable
    • Addtl Room 9 Level: Not Applicable
    • Frequency: Not Applicable
    • Style Of House: Ranch
    • Status: Contingent
    • Square Feet Source: Estimated
    • Master Bedroom Bath (Y/N): Full
    • Area Amenities: Street Lights, Street Paved, Sidewalks
    • Age: 61-70 Years
    • Garage On-Site: Yes
    • Interior Property Features: 1st Floor Bedroom, Wood Laminate Floors, 1st Floor Full Bath
    • Recent Rehab (Y/N): Yes
    • Fireplace Location: Living Room, Basement
    • Additional Rooms: 5th Bedroom
    • Is Parking Included in Price: Yes
    • Kitchen Flooring: Porcelain Tile
    • Type of House 2: 1 Story
    • Garage Type: Attached2, Attached
    • Lot Dimensions: 115X90
    • 2nd Bedroom Flooring: Carpet
    • Laundry Level: Basement
    • Garage Ownership: Owned
    • Basement (Y/N): Full
    • Lower Sq Ft: 0
    • Unfinished Lower Sq Ft: 0
    • Upper Sq Ft: 0
    • Basement Sq Ft: 2015
    • Main Sq Ft: 1798
    • Total Sq Ft: 1798
    • Unfinished Basement Sq Ft: 504
    • Finished Basement Sq Ft: 1511
    • Aprox. Total Finished Sq Ft: 3309
    • Parcel Identification Number: 932120280003
    • Legal Description: LOT 182 UNIVERSITY DOWNS 7TH PLAT
    • Tax Year: 2018

    Price history

    DateEventPrice
    7/1/2026Listing removed--
    Source: Owner Report a problem
    6/1/2026Pending sale$289,900$161/sqft
    Source: Owner Report a problem
    4/2/2026Listed for sale$289,900+36.4%$161/sqft
    Source: Owner Report a problem
    3/12/2020Sold$212,500-5.6%$118/sqft
    Source: MRED as distributed by MLS GRID #10513945 Report a problem
    2/10/2020Pending sale$225,000$125/sqft
    Source: RE/MAX Choice #10513945 Report a problem
    12/17/2019Price change$225,000-2.1%$125/sqft
    Source: RE/MAX Choice #10513945 Report a problem
    11/4/2019Listed for sale$229,900+129.9%$128/sqft
    Source: RE/MAX Choice #10513945 Report a problem
    9/27/2018Sold$100,000-9%$56/sqft
    Source: MRED as distributed by MLS GRID #09950226 Report a problem
    7/3/2018Pending sale$109,900$61/sqft
    Source: RE/MAX REALTY ASSOCIATES-CHA #09950226 Report a problem
    6/21/2018Listed for sale$109,900$61/sqft
    Source: RE/MAX REALTY ASSOCIATES-CHA #09950226 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,976 +6.3%$77,250 +9.6%
    2023$7,505 +6.7%$70,480 +8.6%
    2022$7,033 +7.6%$64,900 +7.3%
    2021$6,535 +22.8%$60,480 +9.2%
    2020$5,321 +3.3%$55,400
    2019$5,151 $55,400 -0.7%
    2018$5,151 -1%$55,790 +2.2%
    2017$5,201 +2.8%$54,600 +2%
    2016$5,059 $53,530
    2015$5,059 +0.4%$53,530
    2014$5,039 +1.6%$53,530 +0.2%
    2013$4,961 +11.7%$53,420
    2012$4,443 0%$53,420
    2011$4,444 +0.8%$53,420 -6.5%
    2010$4,410 $57,140 -1.4%
    2009-- $57,930 +0.5%
    2008-- $57,620 +1.8%
    2007$4,058 +1.4%$56,600 +5.4%
    2006$4,000 +4.1%$53,720 +4.3%
    2005$3,840 +5.1%$51,520 +3.2%
    2004$3,656 +2.4%$49,920 +6.5%
    2003$3,570 +6.9%$46,890 +11%
    2002$3,339 +4.5%$42,240 +4.2%
    2001$3,196 +3%$40,530 +2.3%
    2000$3,104 $39,620

    Find assessor info on the county website

    Neighborhood: 61801

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Yankee Ridge 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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