502 Ridge Rd, Philo, IL 61864
Property image
Property image
SOLD
OCT 28, 2025

502 Ridge Rd
Philo, IL 61864

  • 3 Beds
  • 1.5 Baths
  • 1,317 sqft

$208,750

Last Sold: Oct 28, 2025
2% below list $213K
$159/sqft
Est. Refi. Payment $1,520/mo*

$208,750

Last Sold: Oct 28, 2025
2% below list $213K
$159/sqft
Est. Refi. Payment $1,520/mo*
3 Beds
1.5 Baths
1,317 sqft

Home Value

Trulia Estimate
$212K
Since last month
Decreased$2K (-1.1%)
Since last year
Decreased$30K (-12.5%)
Since last sale
Increased$4K (+1.7%)
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 +53% in the last 10 years
MonthEstimated value
2026
August 2026$212K
July 2026$213K
June 2026$215K
May 2026$216K
April 2026$215K
March 2026$214K
February 2026$215K
January 2026$213K
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
0.08
Single-Family Home
$175,000
03/06/26
3
1
1,050
0.22
Single-Family Home
$195,000
03/27/26
4
1.5
1,246
0.16
Single-Family Home
$266,000
03/18/26
5
2.5
2,108
0.92
Single-Family Home
$139,900
04/23/26
3
2
1,152

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
0.05
$266,200
3
2
1,512
Off Market
0.06
-
3
2
1,834
Off Market
0.06
$203,400
3
1
1,059
Off Market
0.08
$175,000
3
1
1,050
Recently Sold
0.11
$446,200
4
3.5
2,758
Off Market
0.13
$303,100
4
2
1,920
Off Market
0.16
$266,000
5
2.5
2,108
Recently Sold
0.20
$270,900
4
2
1,765
Off Market
0.22
$195,000
4
1.5
1,246
Recently Sold
0.23
$315,000
3
2.5
2,159
Recently Sold
0.25
$296,100
3
2.5
1,734
Off Market

Local Information

  • Map ViewExplore the area around 502 Ridge Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1994
Living Area
1,317 sqft
Price/Sqft
$159/sqft
Parking
2 Car Garage
HOA
None

About this House

Welcome to small-town charm in Philo! Built in 1994, this well-maintained three-bedroom home offers comfortable living in a community known for its excellent school system. Step inside to a spacious living room with vaulted ceilings and a cozy corner fireplace, perfect for relaxing evenings. The open layout flows into the dining area and the galley-style kitchen, complete with all appliances. Just off the kitchen, you'll find a convenient laundry room with mechanicals nearby for easy access. The primary suite includes its own half bath and a walk-in closet, while the full hall bath and linen closet serve the additional bedrooms. Outside, enjoy a large pie-shaped lot with plenty of room to spread out, a deck for entertaining, and a handy storage shed. Recent updates provide peace of mind, including a roof replaced about three years ago, a furnace installed approximately two years ago, and a newer washing machine. Tucked away on a quiet cul-de-sac, this home offers peace, privacy, and space to grow-all within minutes of Champaign-Urbana amenities.
502 Ridge Rd, Philo, IL 61864 is a 3 bedroom, 2 bathroom, 1,317 sqft single-family home built in 1994. It last sold for $208,750 on Oct 28, 2025 (2% below the $212,500 asking price). It is currently off market. The Trulia Estimate is $212,300, with a rent estimate of $1,766/month.

Home Details for 502 Ridge Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Walk In Closet
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1317 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, DisposalDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas Log, Living RoomHas a FireplaceNo Spa
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Window: Skylight(s)
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFencing: FencedOther Structures: Shed(s)Foundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Concrete,Gravel,Garage Door Opener,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Brick, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 192723451031

Price & Status

Price
List Price: $212,500Price Per Sqft: $159/sqft
Status Change & Dates
Off Market Date: Sun Sep 28 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: PhiloCommunity: Shipley Estates
School Information
Elementary School: Unity West Elementary SchoolElementary School District: 7Jr High / Middle School: Unity Junior High SchoolJr High / Middle School District: 7High School: Unity High SchoolHigh School District: 7

Agent Information

Buyer Agent
Buyer Company Name: The Lisa Rector Team

Building

Building Area
Building Area: 1317 Square Feet

Community

Community Features: Street Paved

HOA

HOA Fee Includes: None

Listing Info

Special Conditions: None

Offer

Listing Terms: FHA

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12465975Attribution Contact: (217) 202-5999Activation Date: Wed Sep 10 2025

Additional Information

Street PavedMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes
Last check for updates: about 3 hours ago
Listed by Barbara Gallivan, (217) 202-5999
KELLER WILLIAMS-TREC
Bought with: Lisa Rector, (217) 778-3635, KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID, MLS#12465975

Price and Tax history

DateEventPrice
Oct 28, 2025
Source: MRED as distributed by MLS GRID #12465975
Sold
$208,750
Sep 29, 2025
Source: MRED as distributed by MLS GRID #12465975
Contingent
$212,500
Sep 18, 2025
Source: MRED as distributed by MLS GRID #12465975
PriceChange
$212,500
Price decreased by 6%
Sep 10, 2025
Source: MRED as distributed by MLS GRID #12465975
Listed For Sale
$225,000
Oct 14, 2011
Source: MRED as distributed by MLS GRID #09421632
Sold
$129,900

Market trends in Philo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
7
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What Locals Say about Philo

At least 2 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say kids play outside

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say people would walk alone at night

  • 75 % Say it's walkable to restaurants

  • 70 % Say neighbors are friendly

  • 67 % Say car is needed

  • 67 % Say there are community events

  • 60 % Say they plan to stay for at least 5 years

  • 60 % Say there's wildlife

  • 50 % Say it's quiet

  • 25 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 502 Ridge Rd

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Off Market Homes Near 502 Ridge Rd

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Frequently asked questions about 502 Ridge Rd

  • What is 502 Ridge Rd estimated to be worth?
    Trulia's estimated value for 502 Ridge Rd in Philo, IL is $212,300.
  • What is the price history for 502 Ridge Rd?
    502 Ridge Rd in Philo, IL last sold for $208,750 in October 2025.
  • Is Philo a buyer's or seller's market?
    Philo is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 502 Ridge Rd?
    The closest schools to 502 Ridge Rd in Philo, IL are Unity East (Pre-K/Elementary, rated 7/10), Unity High School (rated 3/10), Unity Jr High School (rated 5/10).
  • Does 502 Ridge Rd have air conditioning?
    Yes, 502 Ridge Rd in Philo, IL has air conditioning.
  • Does 502 Ridge Rd have laundry facilities?
    Yes, 502 Ridge Rd in Philo, IL has laundry facilities.
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