402 E Elm St, Urbana, IL 61802
OFF MARKET

$185,000

Last sold price
  • 6 Beds
  • 3 Baths

402 E Elm St, Urbana, IL 61802

Currently Off Market - Sold Oct 17, 2024 for $185,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
511 W Oregon St, Urbana, IL
0.65
Multi-Family Home
$212,000
12/22/25
5
3
-
609 S Glover Ave, Urbana, IL
0.59
Multi-Family Home
$180,000
05/28/26
4
2
-
710 S Race St, Urbana, IL
0.44
Multi-Family Home
$200,000
09/19/25
3
2
-
401 S Maple St, Urbana, IL
0.15
Multi-Family Home
$105,000
03/13/26
3
2
-
607 S Glover Ave, Urbana, IL
0.59
Multi-Family Home
$205,700
05/01/26
4
2
-
208 S Poplar St, Urbana, IL
0.49
Multi-Family Home
$137,900
12/10/25
3
2
-
812 W Main St, Urbana, IL
0.82
Multi-Family Home
$225,000
02/18/26
7
2
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
503-505 E Elm St, Urbana, IL 61801
0.10
$292,400
7
3
-
Off Market
W, Urbana, IL 61801
0.07
$183,700
2
1
1,120
Off Market
502 E Green St, Urbana, IL 61802
0.09
$218,200
4
1.5
1,633
Off Market
501 E Green St, Urbana, IL 61802
0.11
$131,000
2
1
958
Recently Sold
205 S Grove St, Urbana, IL 61802
0.11
$90,000
3
1.5
1,349
Recently Sold
505 E Green St, Urbana, IL 61802
0.13
$134,000
4
2
1,356
Recently Sold
401 S Maple St, Urbana, IL 61801
0.15
$105,000
3
2
-
Recently Sold
210 S Grove St, Urbana, IL 61802
0.15
$190,000
5
2
-
For Sale
E, Urbana, IL 61801
0.18
$175,900
2
1
1,200
Off Market
506 E Illinois St, Urbana, IL 61801
0.19
$126,100
2
1
800
Off Market
S #1, Urbana, IL 61801
0.22
$199,000
4
2
1,400
Off Market

Local Information

  • Map ViewExplore the area around 402 E Elm St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
2 Parking Spaces

About this House

One of a kind opportunity. Investment property or live in one unit and rent the others. 3 separate buildings with 3 total units. Two single family houses and one garage with apartment above it all on one parcel. Currently the two houses are rented and the garage apartment is owner occupied. Market rents are much higher for the location so room for new owner to improve condition and rents and have a great income producing property!
402 E Elm St, Urbana, IL 61802 is a 6 bedroom, 3 bathroom multi-family. It last sold for $185,000 on Oct 17, 2024 (3% above the $179,900 asking price). More recently, it was listed as a rental in December 2025 with an asking price of $1,850 per month. That rental listing was removed on April 15, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $827/month.
Last check for updates: about 10 hours ago
Listed by Mark Panno, (815) 674-5598
KELLER WILLIAMS-TREC
Bought with: Jeremy Brandow, (217) 841-6203, Coldwell Banker R.E. Group
Source: MRED as distributed by MLS GRID, MLS#12155475

Home Details for 402 E Elm St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt Rubber
Parking & Garage
No Attached GarageParking Spaces: 2Parking: On Site,Owned
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: CedarNot a New Construction
Property Information
Parcel Number: 922117228006

Price & Status

Price
List Price: $179,900
Status Change & Dates
Off Market Date: Fri Sep 27 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Urbana
School Information
Elementary School District: 116Jr High / Middle School District: 116High School District: 116

Agent Information

Buyer Agent
Buyer Company Name: The Jeremy Brandow Team

Lot Information

Lot Area: 8375 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12155475Activation Date: Fri Oct 18 2024

Additional Information

MRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Apr 15, 2026
Source: Zillow Rentals
ListingRemoved
$1,575
Apr 7, 2026
Source: Zillow Rentals
PriceChange
$1,575
Price decreased by 6%
Feb 4, 2026
Source: Zillow Rentals
PriceChange
$1,675
Price decreased by 4%
Jan 16, 2026
Source: Zillow Rentals
PriceChange
$1,750
Price decreased by 5%
Dec 19, 2025
Source: Zillow Rentals
Listed For Rent
$1,850

Market trends in Urbana

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$205K
$3.33KMoM
Sale-to-List Price
99.3%
0.8%MoM
Price per sq ft
$152
$5MoM
Available listings
110
13MoM

Around this home

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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

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

Frequently asked questions about 402 E Elm St

  • What is the price history for 402 E Elm St?
    402 E Elm St in Urbana, IL last sold for $185,000 in October 2024.
  • Is Urbana a buyer's or seller's market?
    Urbana is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Urbana?
    The median sale price in Urbana is $205K. That is up $3.33K from the prior month.
  • What do residents say about Urbana?
    Residents describe Urbana, IL as easy to park in, dog-friendly, and pedestrian-friendly. See recently sold homes in Urbana, IL.
  • Does 402 E Elm St have parking?
    Yes, 402 E Elm St in Urbana, IL has on-site parking.

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Apartments for Rent

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Off Market Homes Near 402 E Elm St

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