505 E Oak St, Mahomet, IL 61853
Property image
Property image
OFF MARKET

$193,200

Trulia Estimate
as of Sep 19, 2026
  • 2 Beds
  • 2 Baths

505 E Oak St, Mahomet, IL 61853

Home Highlights

Single-Family Home

Local Information

  • Map ViewExplore the area around 505 E Oak St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Available mid July!!

This unique and fully renovated 2-story, 2-bedroom, 2-bathroom house is located at the corner of 150 and Jefferson St, you'll be right across the street from Dairy Queenperfect for ice cream runs! This lovely home features a 2-car detached garage, a convenient utility room with washer & dryer included, an unfinished basement, and a charming bonus room that's ideal for a cozy office or extra storage. Pets are welcome with applicable fee. No security deposit required for qualified individuals using Obligo. Call Neves Group Property Management to schedule a tour.
505 E Oak St, Mahomet, IL 61853 is a 2 bedroom, 2 bathroom single-family home. It last sold for $99,000 on Oct 26, 2012 (5,724% above the $1,700 asking price). More recently, it was listed as a rental in February 2026 with an asking price of $1,700 per month. That rental listing was removed on April 6, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $193,200, with a rent estimate of $1,210/month.

Home Details for 505 E Oak St

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Comparable Sales for 505 E Oak St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
405 E Sangamon St, Mahomet, IL
0.10
Single-Family Home
$231,000
06/18/26
3
2
2,520 sqft
606 S Jefferson St, Mahomet, IL
0.12
Single-Family Home
$335,000
05/11/26
3
2
1,418 sqft
805 Center St, Mahomet, IL
0.27
Single-Family Home
$265,000
01/26/26
3
2
1,475 sqft
306 Willow Ln, Mahomet, IL
0.34
Single-Family Home
$212,000
07/24/26
3
2
1,269 sqft
403 E State St, Mahomet, IL
0.38
Single-Family Home
$214,000
12/19/25
3
2
1,580 sqft
209 N Jefferson St, Mahomet, IL
0.35
Single-Family Home
$237,000
08/03/26
3
1.5
1,639 sqft
214 Augusta Dr, Mahomet, IL
0.41
Single-Family Home
$146,500
08/26/26
2
1
960 sqft
308 N Jefferson St, Mahomet, IL
0.46
Single-Family Home
$292,500
12/22/25
2
2
1,894 sqft
204 W Oak St, Mahomet, IL
0.39
Single-Family Home
$250,000
02/20/26
3
2
1,729 sqft
611 West St, Mahomet, IL
0.45
Single-Family Home
$91,500
08/26/26
3
1
1,296 sqft

Nearby homes

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Rental Market Trends in Mahomet

Last updated Sep 2026
Trulia Rent Estimate$1,210/mo
Average rent
$1.9K
$145MoM
Available listings
35
View rental market trends in Mahomet, IL

Around this home

What Locals Say about Mahomet

At least 62 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 88 % Say car is needed

  • 88 % Say people would walk alone at night

  • 88 % Say kids play outside

  • 86 % Say parking is easy

  • 86 % Say there's holiday spirit

  • 84 % Say yards are well-kept

  • 78 % Say it's quiet

  • 73 % Say neighbors are friendly

  • 60 % Say it's walkable to restaurants

  • 59 % Say there's wildlife

  • 59 % Say there are sidewalks

  • 56 % Say they plan to stay for at least 5 years

  • 49 % Say streets are well-lit

  • 36 % Say there are community events

  • 34 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • The Onyx Group
    "Many owners do not decide their dogs properly. Occasionally they get out of an unlocked gate or wanted from yards. There are also many unsupervised small children running in the street outside of school hours. "
    0
    Flag
  • Richard L.
    "Great place to raise children. I have two that went to school in Mahomet and three grand kids that attended Mahomet schools."
    1
    Flag
  • Cnm
    "good sized front and back yards. most houses have fences and there is relatively low traffic. good sidewalks for walking dogs."
    0
    Flag
  • Mary H.
    "The neighborhood is quiet and feels safe. The neighbors are friendly. A church is across the street. Nice neighborhoods to go walking. Restaurants and grocery store is only a five minute drive. The larger city of Champaign is only a 15 minute drive. "
    1
    Flag
  • John O.
    "Spacious yards and low traffic streets are great for dog walking. Also there are two parks within 5 min."
    0
    Flag
  • Claudette M.
    "There is never any traffic. I can get from point a to b without delay! Even going into town doesn’t take long."
    0
    Flag
  • Mike.haines63
    "I've live in the Mahomet area for 30 years in 3 different locations. All have been great locations. Taxes are high but so are the home values. Good schools and several entertainment options."
    0
    Flag
  • Mike h.
    "Mahomet is a bedroom community of Champaign-Urbana and is a quick 10 minute drive to the west side of C-U."
    0
    Flag
  • Richard L.
    "We have a park behind our house with a one mile walking path, playground, two baseball diamonds and basketball courts. "
    0
    Flag
  • Richard L.
    "My backyard neighbor is a city park with a one mile walking path, playground for kids, basketball courts and two baseball fields. Great for a family."
    1
    Flag
  • Richard L.
    "I have lived in the neighborhood for over thirty years. We have a great park next to our backyard with a one mile walking path, two baseball diamonds, basketball courts and a play area for kids."
    1
    Flag
  • shepeg64
    "Friendly people good schools safe and accessible parks and trails love living here and want to find a bigger home here "
    0
    Flag
  • Claudette
    "The school system is absolutely awesome. All of my neighbors are very friendly and my kids love it here as well! I’m so glad I decided to move down here. The affordability is also a contributing factor in my moving. "
    0
    Flag
  • Taras898
    "Families and community are a big part of what this subdivision is about. Subdivision amenities are wonderful for an active lifestyle and convenience. Low turnover in availability. "
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Apr 6, 2026
Source: Zillow Rentals
ListingRemoved
$1,700
Feb 27, 2026
Source: Zillow Rentals
Listed For Rent
$1,700
Jul 3, 2025
Source: Zillow Rentals
ListingRemoved
$1,600
Jun 19, 2025
Source: Zillow Rentals
Listed For Rent
$1,600
Oct 26, 2012
Source: N/A
Sold
$99,000

Frequently asked questions about 505 E Oak St

  • What is 505 E Oak St estimated to be worth?
    Trulia's estimated value for 505 E Oak St in Mahomet, IL is $193,200.
  • What is the price history for 505 E Oak St?
    505 E Oak St in Mahomet, IL last sold for $99,000 in October 2012.
  • Is Mahomet a buyer's or seller's market?
    Mahomet is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Mahomet?
    Residents describe Mahomet, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Mahomet, IL.

Homes for rent near 505 E Oak St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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