OFF MARKET

Off Market Apr 2024 for $125K

$187,115

Est. refi paymentEst. refi $777/mo

•

—

sq ft

1504 Philo Rd, Urbana, IL 61801

About this home

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.

Multi-familyProperty Type

2 car garageParking

Listed by Charles Dawson • RE/MAX REALTY ASSOCIATES-CHA

Bought with Ryan Dallas • RYAN DALLAS REAL ESTATE

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11997326

Redfin Estimate

$187,115

$62K since sold in April 2024$7,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.5% higher than the average sale price ($162K) of 6 comparable homes.

SOLD FEB 12, 2026
$210,000
A
3 beds2 baths830 sq ft
1105 Eastern Dr, Urbana, IL 61801
SOLD FEB 5, 2026
$175,000
B
3 beds2 baths1,407 sq ft
1005 E Delaware Ave, Urbana, IL 61801
SOLD JUL 31, 2026
$155,000
C
3 beds1 bath1,087 sq ft
1306 Philo Rd, Urbana, IL 61802
SOLD JUL 31, 2026
$155,000
D
3 beds1 bath1,174 sq ft
1205 Philo Rd, Urbana, IL 61801
SOLD JUL 23, 2026
$150,000
E
3 beds1 bath890 sq ft
1401 S Cottage Grove Ave, Urbana, IL 61801
SOLD AUG 7, 2026
$127,000
F
4 beds2 baths1,585 sq ft
1616 Hunter St, Urbana, IL 61802

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Earn from this home

Refinance

Est. cash available

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Market trends in 61802, IL

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

+1.9% MoM

Median sale price

$248K

$30K MoM

Avg. days on market

48d

10 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 24 HRS AGO
$59,000
3 beds2 baths— sq ft
1226 Mason Cir, Urbana, IL 61802
$500,000
5 beds3.5 baths2,670 sq ft
2421 Stricker Ln, Urbana, IL 61802
$219,900
3 beds1 bath1,026 sq ft
501 S Sunny Ln, Urbana, IL 61802
$150,000
2 beds1 bath1,031 sq ft
2803 E Illinois St, Urbana, IL 61802
$269,900
4 beds2 baths1,888 sq ft
3110 Ridge Park Rd, Urbana, IL 61802
OPEN SUN, 2PM TO 4PM
$275,000
3 beds1.5 baths1,700 sq ft
2802 Susan Stone Dr, Urbana, IL 61802
See all

Provided by Redfin

Sale history for 1504 Philo Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,853 (+3.7%)

$15,170 + $22,930

$38,100

2024

$3,714 (+6.3%)

$15,170 + $22,930

$38,100

2023

$3,494 (+6.8%)

$14,340 + $21,670

$36,010

2022

$3,273 (+7.6%)

$13,080 + $19,770

$32,850

2021

$3,042 (+9.6%)

$12,040 + $18,200

$30,240

2020

$2,776 (+2.9%)

$11,220 + $16,960

$28,180

2019

$2,697 (+0.5%)

$10,270 + $15,540

$25,810

2018

$2,685 (−3.3%)

$10,340 + $15,650

$25,990

2017

$2,778 (+0.6%)

$10,340 + $15,650

$25,990

2016

$2,762 (−1.1%)

$10,340 + $15,650

$25,990

2015

$2,792 (−2.4%)

$10,340 + $15,650

$25,990

2013

$2,861

$10,880 + $16,470

$27,350

Tax history for 1504 Philo Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,853 (+3.7%)

$15,170 + $22,930

$38,100

2024

$3,714 (+6.3%)

$15,170 + $22,930

$38,100

2023

$3,494 (+6.8%)

$14,340 + $21,670

$36,010

2022

$3,273 (+7.6%)

$13,080 + $19,770

$32,850

2021

$3,042 (+9.6%)

$12,040 + $18,200

$30,240

2020

$2,776 (+2.9%)

$11,220 + $16,960

$28,180

2019

$2,697 (+0.5%)

$10,270 + $15,540

$25,810

2018

$2,685 (−3.3%)

$10,340 + $15,650

$25,990

2017

$2,778 (+0.6%)

$10,340 + $15,650

$25,990

2016

$2,762 (−1.1%)

$10,340 + $15,650

$25,990

2015

$2,792 (−2.4%)

$10,340 + $15,650

$25,990

2013

$2,861

$10,880 + $16,470

$27,350

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

6,514 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Champaign County

APN

922116453002

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Single and Two-Family Residential District

The R-3, Single- and Two-Family Residential District is intended to provide areas for lowdensity residential development, including single-family attached and detached dwellings and two-family dwellings.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Golf related
Agriculture-Cropland
Park & open space

Property details

Parking

Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)

Interior

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Additional Rooms Information
Basement: Full
Basement Description: Finished

Interior Features
# of Rooms: 9

Equipment
CO Detectors, Ceiling Fan(s), Water Heater-Gas

Exterior

Building Information
# Of Units in Building: 2
Exterior Building Type: Vinyl Siding
Built Before 1978 (Y/N): Yes
Roof: Asphalt

Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service,Commuter Bus
Parcel Number: 922116378038

Lot Information
Dimensions: 65 X 85 X 70 X 115
Lot Size: Less Than .25 Acre
Lot Features: Irregular Lot, Sidewalks

Financial

Tax Information
Tax Annual Amount: $3,273.18
Tax Year: 2022

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas

Location

Community Information
Community Features: Curbs, Sidewalks, Street Paved

Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 953
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Central Air Conditioner,Garage/Space
Security Deposit: $775
Rent: $750
Tenant Pays: Electric,Gas,Sewer,Water,Other
Lease Expiration Date: Saturday, February 1, 2025

Unit Type 2 Information
Sq. Ft.: 953
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Window Air Conditioner
Security Deposit: $1,700
Rent: $850
Tenant Pays: None
Lease Expiration Date: Sunday, September 1, 2024

School Information
Elementary School District: 116
Elementary School: Thomas Paine Elementary School
Middle Or Junior School District: 116
Middle Or Junior School: Urbana Middle School
High School District: 116
High School: Urbana High School

Location Information
Township: Cunningham
Corporate Limits: Urbana
Directions: NEAR THE CORNER OF FLORIDA AND PHILO RD BETWEEN BRIARCLIFF AND FLORIDA

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 6,514 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Champaign County
APN: 922116453002

Home facts updated by county records on Aug 7, 2026

Other

Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: Ryan Dallas Real Estate

Around this home

Schools

Thomas Paine Elementary School

Public K-5 • Assigned • 0.4mi

3/10

Urbana Middle School

Public 6-8 • Assigned • 0.8mi

3/10

Urbana High School

Public 9-12 • Assigned • 1.0mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 103° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Urbana, IL • 61801

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$178,000 – $216,000

Sell confidently with a local market expert in Urbana. 3 minutes to get started.

Nearby similar homes

$360,000

12 beds6 baths— sq ft

709 W California Ave, Urbana, IL 61801

$170,000

4 beds2 baths2,000 sq ft

109 W Madison St, Philo, IL 61864

$250,000

3 beds2.5 baths1,538 sq ft

3312 Boulder Ridge Dr, Champaign, IL 61822

$190,000

5 beds2 baths— sq ft

210 S Grove St, Urbana, IL 61802

$560,000

2 beds2 baths— sq ft

2012 Vawter Ave, Urbana, IL 61801

New listings for sale in 61802

NEW 24 HRS AGO

$59,000

3 beds2 baths— sq ft

1226 Mason Cir, Urbana, IL 61802

$500,000

5 beds3.5 baths2,670 sq ft

2421 Stricker Ln, Urbana, IL 61802

$219,900

3 beds1 bath1,026 sq ft

501 S Sunny Ln, Urbana, IL 61802

$150,000

2 beds1 bath1,031 sq ft

2803 E Illinois St, Urbana, IL 61802

$269,900

4 beds2 baths1,888 sq ft

3110 Ridge Park Rd, Urbana, IL 61802

OPEN SUN, 2PM TO 4PM

$275,000

3 beds1.5 baths1,700 sq ft

2802 Susan Stone Dr, Urbana, IL 61802

Home values near 1504 Philo Rd

Data from public records.

Address	Redfin Estimate
1408 Philo Road, Urbana, IL 2 Beds \| 2 Baths \| 1212 Sq. Ft.	$187,743
1406 Philo Road, Urbana, IL 3 Beds \| 1 Baths \| 1058 Sq. Ft.	$192,017

Address	Redfin Estimate
1503 Philo Road, Urbana, IL 3 Beds \| 1 Baths \| 1041 Sq. Ft.	$94,127
1505 S Philo Road #1, Urbana, IL 3 Beds \| 2 Baths \| - Sq. Ft.	$210,002

Address	Redfin Estimate
1501 Philo Road, Urbana, IL 3 Beds \| 1 Baths \| 1050 Sq. Ft.	$145,845
1505 Philo Road, Urbana, IL 3 Beds \| 2 Baths \| - Sq. Ft.	$190,351

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 61802, IL

Sale history for 1504 Philo Rd

Tax history for 1504 Philo Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 61802

Home values near 1504 Philo Rd

More real estate resources