1504 Philo Rd, Urbana, IL 61802
Property image
Property image
OFF MARKET

1504 Philo Rd
Urbana, IL 61802

  • 3 Beds
  • 2 Baths

$159,300

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $1,163/mo*
Refinance Your Home

$159,300

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $1,163/mo*
Refinance Your Home
3 Beds
2 Baths

Local Information

  • Map ViewExplore the area around 1504 Philo Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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.
1504 Philo Rd, Urbana, IL 61802 is a 3 bedroom, 2 bathroom multi-family. It last sold for $125,000 on Apr 19, 2024 (4% below the $130,000 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $2,000 per month. That rental listing was removed on March 15, 2026. It is currently off market. The Trulia Estimate is $159,300, with a rent estimate of $1,197/month.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1504 Philo Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,FullNumber of Rooms: 9
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Garage Door Opener,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 922116378038

Price & Status

Price
List Price: $130,000
Status Change & Dates
Off Market Date: Fri Mar 15 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Urbana
School Information
Elementary School: Thomas Paine Elementary SchoolElementary School District: 116Jr High / Middle School: Urbana Middle SchoolJr High / Middle School District: 116High School: Urbana High SchoolHigh School District: 116

Agent Information

Buyer Agent
Buyer Company Name: Ryan Dallas Real Estate

Community

Community Features: Curbs, Sidewalks, Street Paved

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11997326

Additional Information

CurbsSidewalksStreet PavedSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes
Last check for updates: about 8 hours ago
Listed by Charles Dawson, GRI, (217) 202-9206
RE/MAX REALTY ASSOCIATES-CHA
Bought with: Ryan Dallas, (217) 712-3853, RYAN DALLAS REAL ESTATE
Source: MRED as distributed by MLS GRID, MLS#11997326

Price History for 1504 Philo Rd

DatePriceEventSource
03/15/2026$1,600ListingRemovedZillow Rentals
02/25/2026$1,600PriceChange
Zillow Rentals
01/22/2026$1,786PriceChange
Zillow Rentals
11/24/2025$1,701PriceChange
Zillow Rentals
10/23/2025$1,800PriceChange
Zillow Rentals
10/02/2025$2,000Listed For RentZillow Rentals
04/19/2024$125,000Sold
MRED as distributed by MLS GRID #11997326
03/15/2024$130,000ContingentMRED as distributed by MLS GRID #11997326
03/11/2024$130,000Listed For SaleMRED as distributed by MLS GRID #11997326
03/07/2017$775ListingRemovedAgent Provided
01/13/2017$775Listed For RentAgent Provided
10/30/2014$735ListingRemovedN/A
10/24/2014$735Listed For RentN/A
12/30/2012$735ListingRemovedAgent Provided
10/24/2012$735Listed For RentAgent Provided
01/15/2003$85,000Sold
N/A

Market trends in Urbana

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$201K
$12.17KMoM
Sale-to-List Price
98.2%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
123
19MoM
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Property Tax and Assessment

Year2024
Tax$3,714
Assessment$108,030
Home facts updated by county records

Comparable Sales for 1504 Philo Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1506 Philo Rd, Urbana, IL
0.01
Multi-Family Home
$163,000
07/22/25
3
2
-
1107A Philo Rd, Urbana, IL
0.30
Multi-Family Home
$141,000
11/13/25
3
2
1,240
1704 S Cottage Grove Ave, Urbana, IL
0.28
Multi-Family Home
$225,000
10/31/25
4
2
-
906 E Washington St, Urbana, IL
0.56
Multi-Family Home
$122,000
08/04/25
2
2
-
609 S Glover Ave, Urbana, IL
0.60
Multi-Family Home
$180,000
05/28/26
4
2
-
607 S Glover Ave, Urbana, IL
0.61
Multi-Family Home
$205,700
05/01/26
4
2
-
208 S Poplar St, Urbana, IL
0.83
Multi-Family Home
$137,900
12/10/25
3
2
-
401 S Maple St, Urbana, IL
0.96
Multi-Family Home
$105,000
03/13/26
3
2
-
1909 E Amber Ln #B, Urbana, IL
0.89
Multi-Family Home
$285,000
11/04/25
3
2
1,713

Nearby homes

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Assigned Schools

These are the assigned schools for 1504 Philo Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Urbana

At least 220 Trulia users voted on each feature.

  • 88 % Say parking is easy

  • 83 % Say it's dog friendly

  • 75 % Say there are sidewalks

  • 72 % Say car is needed

  • 69 % Say yards are well-kept

  • 65 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 58 % Say it's walkable to grocery stores

  • 55 % Say it's walkable to restaurants

  • 54 % Say people would walk alone at night

  • 51 % Say there's wildlife

  • 51 % Say it's quiet

  • 49 % Say neighbors are friendly

  • 48 % Say streets are well-lit

  • 43 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Brianna wells
    "Block party’s for the community at the local park. Neighbor will go around and cut long time living home owners yards for them."
    0
    Flag
  • Mrsec46
    "I’ve lived here in this area about 35 years with 5 being here presently in Urbana. This area has predominantly home owners and families. The neighbors are very nice and friendly "
    0
    Flag
  • Jl.jackson1005
    "My commute is often comprised of use of I74. My proximity to the highway makes for ease of use and access to all amenities."
    0
    Flag
  • Keriana Robinson
    "I don’t know what they would want get them something fun for them add some treats in the dog park or anything "
    1
    Flag
  • Laurj
    "We have Occasional block parties, neighborhood holiday party, and we participate in the neighborhood watch group for our city. Each year the police send out a representative to meet with us and give us relevant tips for safety."
    2
    Flag
  • Laurj
    "Our little area is a mix of retirees, empty nesters and young families. People are friendly. We have a neighborhood watch group in place. Children could walk to schools."
    3
    Flag
  • Laurj
    "Neighborhood has easy access to bus services and is within walking distances for schools. Most people do rely on their cars for transportation though."
    0
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  • Laurj
    "Neighborhood has been changing from older families to younger families with children. Safe area for children to play outside."
    0
    Flag
  • Kristinakblack
    "Nice sidewalks for walking dogs. Nice streetlamps for walking at night. fairly quiet neighborhood. Park nearby with nice trees."
    4
    Flag
  • Mack
    "Very simple. I walk and bike most places. The city needs an upgrade. Some areas have had attention. It feels like the city government should give incentive to people to clean up yards and refurbish houses. Painting programs and community garbage hauling days would be a good start. "
    0
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  • Kristen
    "There is easy access to public transportation. I drive a vehicle but am also within walkable distance to nearby shops. "
    0
    Flag
  • Cgaddis70
    "Greta! An quiet community . Friendly neighborhood and very little crime . I enjoy living in Urbana !"
    5
    Flag
  • Grhues
    "The email list serve is full of helpful neighborly advice, free plants and good discussions about neighborhood issues. The area trends liberal which I love. "
    0
    Flag
  • Kristinakblack
    "Fairly Quiet area. Lots of people walking their dogs or walking with children riding bikes or pulled in wagons. Park with playground equipment only 3 or 4 blocks away. "
    4
    Flag
  • Dominick W.
    "I drive but Urbana has a great bus system there are the new bikes you pay to ride everywhere in the community Lyft and Uber is Pretty safe here that’s taken over the cab companies out of business because their considered safer and quicker "
    0
    Flag
  • Pamela H.
    "It’s great!!! It’s quiet and there aren’t a lot of people that hang around outside. I can go outside at any time and walk my dog. "
    2
    Flag
  • Kimberly C.
    "there are some wonderful parks here and lots of big beautiful tress that shade the streets, a wonderful library, and a community pool"
    1
    Flag
  • Leekzulu
    "I live less than a mile from my job. I chose to walk however the bus stop is less than 100ft from my front door. "
    0
    Flag
  • Cubschick39
    "It's a quiet neighborhood, great for walking, running, riding bikes. People wave at you when they see you out even if they dont know you. Families and retired people mostly in the community."
    3
    Flag
  • Kdixon1391@yahoo.com
    "Close to a big box store, drug stores, gas stations, but relatively quiet, our street is not busy. Also, well established neighborhood. Not very transient."
    0
    Flag
  • Roseanna B.
    "Lots of parks and nice pathways for dog walking. Very dog active community. "
    0
    Flag
  • K.a3e.garris
    "Dogs and or any pets are not welcome in my direct community unless they are service animals. But there is a dog park less than a mile away for those living in neighborhoods in surrounding areas."
    1
    Flag
  • Jordanducey1129
    "Pretty quiet for the most part. I like all the mature trees and the dog park is just down the road. The park and pool are also within Walking distance."
    0
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  • Jordanducey1129
    "There is a dog park down the road from where I live and there are very friendly dog owners. It seems like everyone has a dog! This is a very dog-friendly community."
    1
    Flag
  • Renewahl20
    "Good neighborhood for riding bikes. Lots of trees. Buses pick up children to go to school. Neighborhood watch. "
    0
    Flag
  • Jl j.
    "I have lived here for five years and the neighborhood is above average. There are some contingencies I could do without but it’s ok"
    0
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  • Candace P.
    "There is nothing unique about this neighborhood. I don't really like it. my neighbors are too loud. "
    1
    Flag
  • Jenny F.
    "It’s large mature trees, parks, schools and a laid back vibe, I feel safe walking during the day or night. "
    0
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  • Jenny F.
    "I’ve lived in Urbana for 40 years and this neighborhood is safe and very kid friendly. Close to stores and gas stations."
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

62 pet-friendly rentals in Urbana, IL

Explore by feature - Garage

24 rentals with a garage in Urbana, IL

Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

59 rentals with a washer/dryer in Urbana, IL

Explore by feature - Outdoor Space

12 rentals with an outdoor space in Urbana, IL

Homes for sale near 1504 Philo Rd

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Off Market Homes Near 1504 Philo Rd

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Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information