Sold155d on marketHistoric · 100 yrs
505 W Pennsylvania Ave
Urbana, IL, 61801 • 61801 • Champaign County
$454,000
$227/sqft
3Beds
2Baths
2,001Sqft
0.17 acLot
1926Built
Property DNA
Character Home
Built 1926 · 100 years of history
1 Fireplace
Living Room
2-Car Garage
Concrete · Shared Driveway · Garage Owned · Detached · Garage
This home is getting attention
Listed 155 days ago · 24 views
Market activity
Demand and pricing signals for this listing
24 views
People checking out this listing
155 days on market
Established listing
$227/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 24% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1926 · Historic
Welcome to this beautifully updated 3-bedroom, 2-bath home on one of Urbana's classic tree-lined streets. A welcoming front entry opens into spacious living areas with hardwood floors, abundant natural light, and a charming sunroom. The living room features a cozy fireplace, while the formal dining room flows easily into the modern kitchen, complete with granite countertops, stainless steel appliances, and an abundance of storage. Upstairs, you'll find all three bedrooms, including a primary suite with an updated full bathroom. The clean, unfinished basement allows for storage opportunities. Thoughtful updates blend seamlessly with the home's timeless character, making it move-in ready. Outside, enjoy the large deck and landscaped backyard with a 2-car detached garage with epoxy floors. This home is a special find with its warmth, charm, and unbeatable location!
Standout features identified
Our analysis highlights cozy fireplace, tree-lined streets, and abundant natural light as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,839/month
Principal & Interest$2,234
Property Tax$454
Insurance$151
Down payment20% ($90,800)
3%50%
Est. 6.24% rate · 30yr fixed · $363,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1926
HeatingNatural Gas
CoolingCentral Air
Parking2 Garage spaces
Lot7,405 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1926
Stories2
Systems
HeatingNatural Gas
CoolingCentral Air
ConstructionAluminum Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingConcrete, Shared Driveway, Garage Owned, Detached, Garage
Garage2 spaces
BasementUnfinished,Full
Fireplaces1
Lot7,405 sqft
Location & Tax
Neighborhood61801
Annual tax$10,027
Parcel932117377004
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Appliances
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Heating
Natural Gas
Cooling
Central Air
Fireplace
Living Room
Accessibility
No Disability Access
Exterior Features
Parking
Concrete
Shared Driveway
Garage Owned
Detached
Garage
Construction
Aluminum Siding
Room details
19 rooms detailed
Master Bedroom
Second14×13 ft182 sqft
Bedroom2
Second13×12 ft156 sqft
Bedroom3
Second13×13 ft169 sqft
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market155
Est. value$469,300
Est. rent$2,360/mo
Tax rate2.17%
Price/sqft$227
On marketSep 2, 2025
PostedSep 2, 2025
Last sold$454,000
MLS statusClosed
MLS updatedNov 6, 2025
Tour days6
Views24
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61801
Price history
9 events
DateEventPrice$/sqftSource
Nov 3, 2025Sold$454,000$227MRED as distributed by MLS GRID
Sep 10, 2025Pending Sale$469,990$235MRED as distributed by MLS GRID
Sep 2, 2025Listed For Sale$469,990$235MRED as distributed by MLS GRID
Jun 26, 2018Sold$330,000$165MRED as distributed by MLS GRID
Jun 7, 2018Pending Sale$349,900$175RE/MAX REALTY ASSOCIATES-CHA
May 30, 2018Price Change$349,900$175RE/MAX REALTY ASSOCIATES-CHA
Apr 18, 2018Price Change$355,000$177RE/MAX REALTY ASSOCIATES-CHA
Feb 1, 2018Listed For Sale$369,900$185Owner
Apr 13, 2017Sold$147,000$73Public Record
Sold$454,000
Nov 3, 2025•$227/sqft•MRED as distributed by MLS GRID
Pending Sale$469,990
Sep 10, 2025•$235/sqft•MRED as distributed by MLS GRID
Listed For Sale$469,990
Sep 2, 2025•$235/sqft•MRED as distributed by MLS GRID
Sold$330,000
Jun 26, 2018•$165/sqft•MRED as distributed by MLS GRID
Pending Sale$349,900
Jun 7, 2018•$175/sqft•RE/MAX REALTY ASSOCIATES-CHA
Price Change$349,900
May 30, 2018•$175/sqft•RE/MAX REALTY ASSOCIATES-CHA
Price Change$355,000
Apr 18, 2018•$177/sqft•RE/MAX REALTY ASSOCIATES-CHA
Listed For Sale$369,900
Feb 1, 2018•$185/sqft•Owner
Sold$147,000
Apr 13, 2017•$73/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$10,027$108,220
Apr 8, 2023$9,333$98,740
Apr 8, 2022$8,651$90,920
Apr 8, 2021$7,960$84,740
Apr 8, 2020$7,666$82,270
Apr 8, 2019$8,559$82,270
Apr 8, 2018$8,559$82,850
Apr 8, 2017$8,855$82,850
Apr 8, 2016$8,468$79,670
Apr 8, 2015$8,468$79,670
Apr 8, 2014$7,524$76,970
Apr 8, 2013$7,589$78,540
Apr 8, 2012$6,797$78,540
Apr 8, 2011$6,063$78,540
Apr 8, 2010$5,929$79,820
Apr 8, 2009—$79,820
Apr 8, 2008—$77,200
Apr 8, 2007$5,290$75,830
Apr 8, 2006$5,192$71,740
Apr 8, 2005$5,033$68,970
Apr 8, 2004$5,069$66,830
Apr 8, 2003$4,751$63,140
Apr 8, 2002$4,411$54,670
Apr 8, 2001$4,114$51,160
Apr 8, 2000$3,792$47,630
Nearby homes
Neighborhood details
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Downtown
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61801618026180361874
Similar homes
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](/mls-disclaimers/#17)
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