402 E Elm St, Urbana, IL 61802
OFF MARKET

402 E Elm St
Urbana, IL 61802

  • 6 Beds
  • 3 Baths
6 Beds
3 Baths

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 18, 2024

Home Highlights

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

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

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: Yes
Last check for updates: about 20 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

Price History for 402 E Elm St

DatePriceEventSource
04/15/2026$1,575ListingRemovedZillow Rentals
04/07/2026$1,575PriceChange
Zillow Rentals
02/04/2026$1,675PriceChange
Zillow Rentals
01/16/2026$1,750PriceChange
Zillow Rentals
12/19/2025$1,850Listed For RentZillow Rentals
10/17/2024$185,000Sold
MRED as distributed by MLS GRID #12155475
02/27/2021ListingRemovedN/A
12/21/2020$105,000Sold
N/A
11/07/2020$900ListingRemovedN/A
10/02/2020$900Listed For RentN/A
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Property Tax and Assessment

Year2024
Tax$4,857
Assessment$141,270
Home facts updated by county records

Comparable Sales for 402 E Elm St

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
-
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
-
703 W Oregon St, Urbana, IL
0.75
Multi-Family Home
$310,000
08/29/25
4
4
-

Nearby homes

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Assigned Schools

These are the assigned schools for 402 E Elm St.
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
    "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
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  • 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
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  • 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
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  • 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
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  • 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
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  • Roseanna B.
    "Lots of parks and nice pathways for dog walking. Very dog active community. "
    0
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  • 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
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  • 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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Homes for sale near 402 E Elm St

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Off Market Homes Near 402 E Elm St

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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

Homes for rent near 402 E Elm St

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402 E Elm St, Urbana, IL 61802 is a 6 bedroom, 3 bathroom multi-family. This property is not currently available for sale. 402 E Elm St was last sold on Oct 17, 2024 for $185,000 (3% higher than the asking price of $179,900).