Last Sold Price
3 beds1,570 sqft$63/sqft
1505 Philo Rd, Urbana, IL 61801

Description

Great Rental History, Each side currently leased through February 2022 at $600 per month. Unit 1 has 2 Bedrooms and 1 Bath. Unit 2 has 1 Bedroom, Office and 1 Bath. New Roof, Siding on North side and Gutters 2020. A/C and Furnace recently updated 2019. Refrigerator, Stove, Washer and Dryer in each unit. Off street parking. Close to restaurants and shopping. On Bus Line. Agent Owned. Need 24 hour notice for showings.Great Rental History, Each side currently leased through February 2022 at $600 per month. Unit 1 has 2 Bedrooms and 1 Bath. Unit 2 has 1 Bedroom, Office and 1 Bath. New Roof, Siding on North side and Gutters 2020. A/C and Furnace recently updated 2019. Refrigerator, Stove, Washer and Dryer in each unit. Off street parking. Close to restaurants and shopping. On Bus Line. Agent Owned. Need 24 hour notice for showings.
LISTING CLOSED: 11/01/2021 12:00 AM

  1. Listed by Steven Starwalt • KELLER WILLIAMS-TREC
    P: (217) 239-7156 C: (217) 369-5845 steve@steveandpamhomes.com

Sold By KELLER WILLIAMS-TREC

Property Details for 1505 Philo Road

Status
MLS #
11083495
Days on Market
150
Taxes
$3,361 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / Duplex Side By Side
Year Built
1954
Lot Size
-
Area
Urbana
Township
Cunningham
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Architectural Style
Ranch

Recent comparable sales

Median sold price

$105,000

Avg days on market

58

Sale-to-list ratio

91.4%

Urbana, IL

9 comparable properties found

$105,000 | 401 South Maple Street, Urbana, IL 61801
1/37
1

$105,000

Sold 03/13/26

3
Bedrooms
1,427
Square Feet
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Acres
a house that has a big yard and large trees
1/31
2

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Bedrooms
1,536
Square Feet
0.15
Acres
$82,500 | 2002 Country Squire Drive, Urbana, IL 61802
1/3
3

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Sold 02/25/26

3
Bedrooms
1,665
Square Feet
0.14
Acres
a view of a house with a yard
1/37
4

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Sold 12/16/25

3
Bedrooms
1,693
Square Feet
0.13
Acres
a front view of house with yard and green space
1/16
5

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Sold 03/29/26

3
Bedrooms
1,510
Square Feet
Unavailable
Acres
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6

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Sold 07/17/26

3
Bedrooms
1,611
Square Feet
0.22
Acres
a house view with a garden space
1/2
7

$111,500

Sold 06/11/25

3
Bedrooms
1,761
Square Feet
0.13
Acres
a view of a house with a yard
1/10
8

$280,000

Sold 01/24/25

3
Bedrooms
1,884
Square Feet
0.19
Acres
$90,000 | 308 South Dodson Drive, Urbana, IL 61802
1/2
9

$90,000

Sold 05/16/25

3
Bedrooms
1,776
Square Feet
0.14
Acres

Location

Add your commute

Building Information for 1505 Philo Road

Stories-Residences2Year Built1954Building Size-Lot Size-

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$783 per month

30 year fixed, 6.55% Interest

Principal and Interest

$503

Property Taxes

$280

HOA Dues

$0

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Property Information for 1505 Philo Road

General Information
School Information
  • Elementary School District: 116
  • Elementary School: Wiley Elementary School
  • Jr High Middle School: Urbana Middle School
  • High School District: 116
  • High School: Urbana High School
  • Middle Or Junior School District: 116
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street, Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 3
  • Basement Description: None
  • Grid: 64
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: TV-Cable, CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Lot Description: Corner Lot
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 80 X 80 X 55 X 24.74 X 55
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding, Steel Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2021-07-22T20:22:48
  • Photos Count: 1
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Total Sq Ft - Unit 1: 864
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 5
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer
  • Lease Exp Date (Mo/Yr) - Unit 1: 02-22-2026
  • Sec Deposit $ - Unit 1: 600
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Total Sq Ft - Unit 2: 706
  • Floor # - Unit 2: 1
  • # Of Rooms - Unit 2: 5
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer
  • Lease Exp Date (Mo/Yr) - Unit 2: 02-22-2026
  • Sec Deposit $ - Unit 2: 600
  • Tenant Pays - Unit 2: Electric, Gas

Property History for 1505 Philo Road

DateEvent & SourcePriceAppreciation
Nov 1, 2021

Sold

MRED #11083495

$99,000
Oct 7, 2021

Price Change

MRED #11083495

$110,000
Oct 7, 2021

Pending

MRED #11083495

DateEvent & SourcePrice
11/01/2021

Sold

MRED #11083495

$99,000
10/07/2021

Price Change

MRED #11083495

$110,000
10/07/2021

Pending

MRED #11083495

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1505 Philo Road

This home is within Urbana School District 116.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Wiley Elementary School
PublicK to 5

Urbana Middle School
Public6 to 8

Urbana High School
Public9 to 12

Yankee Ridge Multilingual School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS-TREC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/02/2021 11:22 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.