Great investment opportunity or homeowner looking for house hack! Duplex with good cash flow history. Main level has 2 generously sized bedrooms with 1 ba, kitchen and separate dining area, living room and an additional sitting area. Lower level studio offers its own entrance from the front or attached garage. 1 bedroom, 1 bath, kitchen and living room. Tenants share the garage. It is close to retail and bus line. Shared laundry area off of 2 car attached garage. Large back yard. Units were being rented for $800/$575. Home has new roof, new siding, new windows including egress, 2 new water heaters. Pre-inspection will be available by time of activation and home will be sold 'as-is'. Seller prefers no inspection contingencies.
Closed
$163,000
1506 Philo Rd, Urbana, IL 61802
3beds
--sqft
Multi Family
Built in ----
-- sqft lot
$167,100 Zestimate®
$--/sqft
$1,275 Estimated rent
Home value
$167,100
$150,000 - $184,000
$1,275/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 30, 2023 at 01:03am
Listing courtesy of:
Natalie Nielsen 217-202-9351,
Pathway Realty, PLLC,
Kristen Dilley 217-827-1522,
Pathway Realty, PLLC
Bought with:
J Leman
eXp Realty-Champaign
Source: MRED as distributed by MLS GRID,MLS#: 11778013
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Partially Finished,Exterior Entry,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
Lot
- Dimensions: 60X115X65X145
Details
- Parcel number: 922116453003
- Zoning: OTHER
- Special conditions: None
- Other equipment: TV-Cable
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Private
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Urbana
- Subdivision: Amvets Homestead
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $163,000+30.4% |
Source: Public Record Report a problem | ||
| 6/27/2023 | Sold | $125,000 |
Source:  MRED as distributed by MLS GRID #11778013 Report a problem | ||
| 5/24/2023 | Pending sale | $125,000 |
Source: MRED as distributed by MLS GRID #11778013 Report a problem | ||
| 5/22/2023 | Listed for sale | $125,000+56.4% |
Source: MRED as distributed by MLS GRID #11778013 Report a problem | ||
| 4/12/2019 | Listing removed | $79,900 |
Source: RYAN DALLAS REAL ESTATE #09862934 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,714 +6.3% | $36,010 +9.6% |
| 2023 | $3,494 +33.2% | $32,850 +8.6% |
| 2022 | $2,624 -13.7% | $30,240 +7.3% |
Find assessor info on the county website
Neighborhood: 61802
Nearby schools
GreatSchools rating
- 1/10Thomas Paine Elementary SchoolGrades: K-5Distance: 0.4 mi
- 1/10Urbana Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Urbana High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Thomas Paine Elementary School
- Middle: Urbana Middle School
- High: Urbana High School
- District: 116
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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