1506 Philo Rd, Urbana, IL 61802
Property image
Property image
OFF MARKET

1506 Philo Rd
Urbana, IL 61802

  • 3 Beds
  • 2 Baths
  • 1,870 sqft

$171,500

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $1,252/mo*
Refinance Your Home

$171,500

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $1,252/mo*
Refinance Your Home
3 Beds
2 Baths
1,870 sqft

Local Information

  • Map ViewExplore the area around 1506 Philo Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Here is your chance for that ideal investment opportunity. Located near shopping, restaurants, school and bus lines, for easy access to U of I. Rests on large lot. Main level 2 bedroom, lease expires June 2018. Current rent is $650/month. Lower level 1 bedroom, lease expires April 2018. Current rent is $450/month. Tenants pay gas, electric and power. Garage and lower level laundry are shared. Both units have very spacious rooms. Don't miss out on this opportunity. NEED TO SELL A HOME TO BUY THIS ONE? CALL TODAY TO LEARN MORE ABOUT RYAN'S GUARANTEED OFFER: 217-351-4900.

1506 Philo Rd, Urbana, IL 61802 is a 3 bedroom, 2 bathroom, 1,870 sqft single-family home built in 1924. It last sold for $163,000 on Jul 22, 2025. It is currently off market. The Trulia Estimate is $171,500, with a rent estimate of $1,099/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1506 Philo Rd

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Other, Hardwood
Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: VinylPatio
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 2

Lot Information

Lot Area: 7840 sqft

Price History for 1506 Philo Rd

DatePriceEventSource
07/22/2025$163,000Sold
N/A
06/27/2023$125,000Sold
MRED as distributed by MLS GRID #11778013
05/24/2023$125,000PendingMRED as distributed by MLS GRID #11778013
05/22/2023$125,000Listed For SaleMRED as distributed by MLS GRID #11778013
04/12/2019$79,900ListingRemovedAgent Provided
12/05/2018$79,900PendingToActiveAgent Provided
11/29/2018$79,900PendingAgent Provided
11/08/2018$79,900PriceChange
Agent Provided
04/16/2018$82,000PriceChange
Agent Provided
10/19/2017$82,500PriceChange
Agent Provided
07/07/2017$87,500Listed For SaleAgent Provided
05/16/2017$89,900ListingRemovedAgent Provided
07/13/2016$89,900PriceChange
Agent Provided
05/16/2016$94,900Listed For SaleAgent Provided

Market trends in Urbana

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$202K
$1KMoM
Sale-to-List Price
98.4%
0.3%MoM
Price per sq ft
$147
$2MoM
Available listings
122
1MoM
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Property Tax and Assessment

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

Comparable Sales for 1506 Philo Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1505 Briarcliff Dr, Urbana, IL
0.02
Single-Family Home
$220,000
11/03/25
3
2
1,507
1709 Briarcliff Dr, Urbana, IL
0.16
Single-Family Home
$195,000
08/22/25
4
2
1,872
1512 E Fairlawn Dr, Urbana, IL
0.18
Single-Family Home
$212,000
03/13/26
3
2
1,425
1005 E Delaware Ave, Urbana, IL
0.30
Single-Family Home
$175,000
02/05/26
3
2
1,407
909 E Washington St, Urbana, IL
0.38
Single-Family Home
$170,000
04/09/26
3
1.5
1,352
1005 S Country Squire Dr, Urbana, IL
0.41
Single-Family Home
$172,000
05/11/26
3
2
1,158
1214 Eastern Dr, Urbana, IL
0.31
Single-Family Home
$169,900
12/19/25
3
1
1,680
1510 Rutledge Dr, Urbana, IL
0.41
Single-Family Home
$195,000
09/02/25
4
2
1,695
1304 Briarcliff Dr, Urbana, IL
0.16
Single-Family Home
$157,500
07/25/25
3
1
832

Nearby homes

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Assigned Schools

These are the assigned schools for 1506 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.
  • Mrsec46
    "Everyone is pretty much good people in my neighborhood and we have a good mix of all nationalities "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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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Homes for sale near 1506 Philo Rd

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Off Market Homes Near 1506 Philo Rd

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