505 E Elm St, Urbana, IL 61802
OFF MARKET

$248,000

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 1,443 sqft

505 E Elm St, Urbana, IL 61802

Est. Refi. Payment $1,803/mo*
Refinance Your Home

Home Value

Trulia Estimate
$248K
Since last month
Increased$600 (+0.2%)
Since last year
Increased$2K (+0.6%)
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 +94% in the last 10 years
MonthEstimated value
2026
August 2026$248K
July 2026$247K
June 2026$246K
May 2026$245K
April 2026$238K
March 2026$240K
February 2026$235K
January 2026$228K
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
0.02
Single-Family Home
$90,000
08/03/26
3
1.5
1,349
807 S Webber St, Urbana, IL
0.37
Single-Family Home
$235,000
07/20/26
3
3
1,155
306 S Cottage Grove Ave, Urbana, IL
0.35
Single-Family Home
$160,000
12/03/25
3
1.5
1,637
708 S Walnut St, Urbana, IL
0.38
Single-Family Home
$165,000
09/08/25
3
1.5
1,238
313 E Washington St, Urbana, IL
0.43
Single-Family Home
$252,500
07/09/26
3
2
1,400
209 W California Ave, Urbana, IL
0.48
Single-Family Home
$408,000
05/01/26
4
2.5
2,464
810 S Race St, Urbana, IL
0.52
Single-Family Home
$222,000
09/24/25
4
2
1,723
114 N Cottage Grove Ave, Urbana, IL
0.39
Single-Family Home
$160,000
01/13/26
3
2
1,092
502 E Washington St, Urbana, IL
0.39
Single-Family Home
$195,000
03/30/26
3
2
949
501 E Green St, Urbana, IL
0.06
Single-Family Home
$131,000
05/04/26
2
1
958

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
502 E Green St, Urbana, IL 61802
0.04
$219,400
4
1.5
1,633
Off Market
205 S Grove St, Urbana, IL 61802
0.02
$90,000
3
1.5
1,349
Recently Sold
501 E Green St, Urbana, IL 61802
0.06
$131,000
2
1
958
Recently Sold
505 E Green St, Urbana, IL 61802
0.06
$134,000
4
2
1,356
Recently Sold
W, Urbana, IL 61801
0.06
$187,600
2
1
1,120
Off Market
210 S Grove St, Urbana, IL 61802
0.05
$190,000
5
2
-
For Sale
401 S Maple St, Urbana, IL 61801
0.12
$105,000
3
2
-
Recently Sold
402 E Elm St, Urbana, IL 61802
0.09
-
6
3
-
Off Market
506 E Illinois St, Urbana, IL 61801
0.14
$126,500
2
1
800
Off Market
401 S Anderson St, Urbana, IL 61801
0.13
$178,900
2
2
1,216
Off Market
E, Urbana, IL 61801
0.16
$178,300
2
1
1,200
Off Market
505 S Maple St, Urbana, IL 61801
0.19
$189,000
3
1
928
Off Market

Local Information

  • Map ViewExplore the area around 505 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
1913
Living Area
1,443 sqft
Price/Sqft
$172

About this House

Now leasing for August! -

(RLNE2159115)
505 E Elm St, Urbana, IL 61802 is a 4 bedroom, 3 bathroom, 1,443 sqft single-family home built in 1913. More recently, it was listed as a rental in March 2019 with an asking price of $1,050 per month. That rental listing was removed on April 3, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $248,000, with a rent estimate of $1,873/month.

Home Details for 505 E Elm St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Year Built
Year Built: 1913
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6762 sqft

Price and Tax history

DateEventPrice
Apr 3, 2019
Source: Agent Provided
ListingRemoved
$1,050
Mar 4, 2019
Source: Agent Provided
Listed For Rent
$1,050
May 17, 2018
Source: Agent Provided
ListingRemoved
$1,025
Mar 29, 2018
Source: Agent Provided
Listed For Rent
$1,025
Apr 6, 2016
Source: Agent Provided
ListingRemoved
$1,000

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 505 E Elm St

  • What is 505 E Elm St estimated to be worth?
    Trulia's estimated value for 505 E Elm St in Urbana, IL is $248,000.
  • 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.
  • How big is the lot at 505 E Elm St?
    The lot at 505 E Elm St in Urbana, IL is about 0.16 acres (6,762 sq ft).

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Apartments for Rent

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Off Market Homes Near 505 E Elm St

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