501 E Elm St, Urbana, IL 61802
Property image
Property image
OFF MARKET

501 E Elm St
Urbana, IL 61802

  • 4 Beds
  • 2 Baths
  • 1,324 sqft

$141,400

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $1,055/mo*
Refinance Your Home

$141,400

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $1,055/mo*
Refinance Your Home
4 Beds
2 Baths
1,324 sqft

Home Value

Trulia Estimate
$141K
Since last month
Increased$800 (+0.6%)
Since last year
Decreased$5K (-3.4%)
Since last sale
Increased$66K (+88.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +72% in the last 10 years
MonthEstimated value
2026
August 2026$141K
July 2026$141K
June 2026$139K
May 2026$138K
April 2026$135K
March 2026$140K
February 2026$137K
January 2026$133K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
205 S Grove St, Urbana, IL
0.05
Single-Family Home
$90,000
08/03/26
3
1.5
1,349
505 E Green St, Urbana, IL
0.07
Single-Family Home
$134,000
03/31/26
4
2
1,356
606 S Broadway Ave, Urbana, IL
0.35
Single-Family Home
$86,000
11/12/25
6
2
2,500
708 S Walnut St, Urbana, IL
0.37
Single-Family Home
$165,000
09/08/25
3
1.5
1,238
112 S Glover Ave, Urbana, IL
0.49
Single-Family Home
$82,140
03/18/26
3
1.5
1,008
306 S Cottage Grove Ave, Urbana, IL
0.37
Single-Family Home
$160,000
12/03/25
3
1.5
1,637
501 E Green St, Urbana, IL
0.06
Single-Family Home
$131,000
05/04/26
2
1
958
114 N Cottage Grove Ave, Urbana, IL
0.41
Single-Family Home
$160,000
01/13/26
3
2
1,092
306 W Illinois St, Urbana, IL
0.48
Single-Family Home
$255,000
05/28/26
3
2
926
115 N Webber St, Urbana, IL
0.23
Single-Family Home
$160,000
02/20/26
4
1
1,254

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
205 S Grove St, Urbana, IL 61802
0.05
$90,000
3
1.5
1,349
Recently Sold
502 E Green St, Urbana, IL 61802
0.03
$219,400
4
1.5
1,633
Off Market
W, Urbana, IL 61801
0.04
$187,500
2
1
1,120
Off Market
402 E Elm St, Urbana, IL 61802
0.07
-
6
3
-
Off Market
210 S Grove St, Urbana, IL 61802
0.08
$190,000
5
2
-
For Sale
501 E Green St, Urbana, IL 61802
0.06
$131,000
2
1
958
Recently Sold
505 E Green St, Urbana, IL 61802
0.07
$134,000
4
2
1,356
Recently Sold
706 E Main St, Urbana, IL 61802
0.19
$143,600
4
2
-
Off Market
401 S Maple St, Urbana, IL 61801
0.12
$105,000
3
2
-
Recently Sold
401 S Anderson St, Urbana, IL 61801
0.15
$178,900
2
2
1,216
Off Market
506 E Illinois St, Urbana, IL 61801
0.14
$127,300
2
1
800
Off Market
503-505 E Elm St, Urbana, IL 61801
0.16
$289,400
7
3
-
Off Market

Local Information

  • Map ViewExplore the area around 501 E Elm St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1903
Living Area
1,324 sqft
Price/Sqft
$107
Parking
None

About this House

Four-bedroom house in Urbana - only $1130/month.
Low price allows two people to each have their own separate bedroom and office.
Or, split the rent three or four ways for greater savings.
Lots of room for a very reasonable price!
Available around 8/20 - or possibly sooner if necessary.

Features include:
four bedrooms
1.5 baths
1325 square feet
large front porch and fenced yard with large storage shed.
modern kitchen
wood floors in living room, dining room, and one of the bedrooms.
Leal school district
about 1 mile from UIUC campus
Less than two blocks from:
Lincoln Square Mall
Common Ground Food Coop
Starbucks
Urbana Farmers market
Schnucks grocery store
Green line bus route directly to campus in 8 minutes

Please no smoking and no pets.

Room dimensions:
Living room 13.6 x 12
Dining room 14.11 x 14.9
Bedrooms: 12 x 12, 12 x 10, 10.5 x 10, 10 x 9.

No pets; Tenant pays utilities.
501 E Elm St, Urbana, IL 61802 is a 4 bedroom, 2 bathroom, 1,324 sqft single-family home built in 1903. It last sold for $75,000 on Nov 27, 2013. More recently, it was listed as a rental in May 2024 with an asking price of $1,275 per month. That rental listing was removed on June 14, 2024. It is currently off market. The Trulia Estimate is $141,400, with a rent estimate of $1,680/month.

Home Details for 501 E Elm St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: OtherExterior: Vinyl
Parking & Garage
Parking: None

Property Information

Year Built
Year Built: 1903
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 1324 sqft

Price and Tax history

DateEventPrice
Jun 14, 2024
Source: Zillow Rentals
ListingRemoved
May 20, 2024
Source: Zillow Rentals
Listed For Rent
$1,275
Aug 12, 2021
Source: Zillow Rental Manager
ListingRemoved
Aug 6, 2021
Source: Zillow Rental Manager
Listed For Rent
$1,130
Mar 24, 2021
Source: Zillow Rental Manager
ListingRemoved

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

Frequently asked questions about 501 E Elm St

  • What is 501 E Elm St estimated to be worth?
    Trulia's estimated value for 501 E Elm St in Urbana, IL is $141,400.
  • What is the price history for 501 E Elm St?
    501 E Elm St in Urbana, IL last sold for $75,000 in November 2013.
  • 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.
  • Does 501 E Elm St have laundry facilities?
    Yes, 501 E Elm St in Urbana, IL has in-unit laundry.
  • How big is the lot at 501 E Elm St?
    The lot at 501 E Elm St in Urbana, IL is about 0.03 acres (1,324 sq ft).

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Off Market Homes Near 501 E Elm St

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