Sold
Last Sold Price
4 beds1,856 sqft$79/sqft
502 Airport Rd, Urbana, IL 61802
Multi FamilyProperty Type
0.5 acresLot Size
1967Year Built
$79/sq ftPrice per sq ft
4 carsParking Spaces

Description

Don't miss out on this great investment opportunity! This duplex, with 2 bedrooms and 1 bath in each unit is ready for new owners.Don't miss out on this great investment opportunity! This duplex, with 2 bedrooms and 1 bath in each unit is ready for new owners.

    Sold By KELLER WILLIAMS-TREC

    • Listed by: Lisa Duncan 217.356.6100 lisa@sharonharkness.com • KELLER WILLIAMS-TREC
    Listing closed: 02/23/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11368774

    Recent comparable sales

    Median sold price

    $157,700

    Avg days on market

    49

    Sale-to-list ratio

    94.1%

    Urbana, IL

    9 comparable properties found

    $140,000 | 1207 North Linview Avenue, Urbana, IL 61801
    1/15
    1

    $140,000

    Sold 06/30/26

    4
    Bedrooms
    1,456
    Square Feet
    0.22
    Acres
    a front view of a house with a garden and trees
    1/15
    2

    $172,500

    Sold 02/07/25

    4
    Bedrooms
    1,730
    Square Feet
    0.32
    Acres
    $157,700 | 209 Kerr Avenue, Urbana, IL 61801
    1/39
    3

    $157,700

    Sold 02/14/25

    4
    Bedrooms
    Unavailable
    Square Feet
    0.23
    Acres
    $153,500 | 1207 West Tremont Street, Urbana, IL 61801
    1/32
    4

    $153,500

    Sold 11/17/25

    4
    Bedrooms
    1,970
    Square Feet
    0.15
    Acres
    a backyard of a house with table and chairs
    5

    $135,000

    Sold 02/26/26

    4
    Bedrooms
    1,627
    Square Feet
    0.14
    Acres
    a small white house with a small yard and a large tree
    1/21
    6

    $205,700

    Sold 05/01/26

    4
    Bedrooms
    1,738
    Square Feet
    0.18
    Acres
    $200,000 | 2007 East Washington Street, Urbana, IL 61802
    1/43
    7

    $200,000

    Sold 05/15/25

    4
    Bedrooms
    1,980
    Square Feet
    0.22
    Acres
    $175,000 | 1105 East Willard Street, Urbana, IL 61801
    1/37
    8

    $175,000

    Sold 05/13/25

    4
    Bedrooms
    1,738
    Square Feet
    0.16
    Acres
    a house that has a big yard and large trees
    1/31
    9

    $137,900

    Sold 12/10/25

    3
    Bedrooms
    1,536
    Square Feet
    0.15
    Acres

    Location

    Add your commute

    Payment Calculator

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    OriginPoint Mortgage or Rocket Mortgage1

    $1,102 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $750

    Property Taxes

    $353

    HOA Dues

    $0

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    Property Information for 502 Airport Road

    Property Details
    • Taxes: $4,232 / year
    • MLS Type: Two to Four Units / Duplex Side By Side
    • Area: Urbana
    • Township: Somer
    • Ownership: Fee Simple
    • Num Of Cars: 4.0
    • Heat/Fuel: Natural Gas, Forced Air
    Building Information
    • Residences: 2
    • Year Built: 1967
    • Lot Size: 0.50 AC / 21,780 SF
    General Information
    School Information
    • Elementary School District: 116
    • Elementary School: Yankee Ridge 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 On Site: true
    • Parking Ownership: Owned
    Property Information
    Interior Features
    • Num Of Rooms: 8
    • Bedrooms Total: 4
    • Bedrooms (Below Grade): 0
    • Basement Type: None
    • Bedrooms Possible: 4
    • Basement Description: Slab
    • Grid: 36
    • 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
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 51-60 Years
    • Lot Size: .50-.99 Acre
    • Lot Dimensions: 82.5X264
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • General Information: Commuter Bus
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Public Document Count: 3
    • Document Date: 2022-04-06T21:55:29
    • Photos Count: 2
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $799.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 07/23
    Unit 2
    • Unit Type Actual Rent: $810.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 07/22

    Property History for 502 Airport Road

    DateEvent & SourcePriceAppreciation
    Feb 23, 2023

    Sold

    MRED #11368774

    $147,500
    Feb 22, 2023

    Sold (Public Record)

    Public Record #1506421864

    $147,500
    Feb 2, 2023

    Pending

    MRED #11368774

    DateEvent & SourcePrice
    02/23/2023

    Sold

    MRED #11368774

    $147,500
    02/22/2023

    Sold (Public Record)

    Public Record #1506421864

    $147,500
    02/02/2023

    Pending

    MRED #11368774

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

    Public Records for 502 Airport Road

    Taxable ValueLand$4,910Additions$63,920Total$68,830
    Tax Record2025$5,230 ($436 / month)
    Home Facts
    Stories1StyleDuplexCountyCHAMPAIGNAPN251532476005

    Schools near 502 Airport 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 12
    Rating
    School
    Distance
    Yankee Ridge Elementary School
    PublicK to 5

    Urbana Middle School
    Public6 to 8

    Urbana High School
    Public9 to 12

    Urbana Gerber School
    PublicK to 12

    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

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 502 Airport Road, Urbana, IL 61802
    $147,500
    4
    1,856
    21,780
    $147,500
    4
    1,856
    21,780
    $429,900
    8
    43,560
    $31,000
    $26,400
    3
    950
    43,560

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    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 02/23/2023 04:20 PM. 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.