For Sale5d on market
502 E Harding Dr
Urbana, IL, 61801 • 61801 • Champaign County
$289,900
$161/sqft
Down payment assistance available
5Beds
3Baths
1,798Sqft
0.24 acLot
1956Built
This home is getting attention
Listed 5 days ago · 530 views · 17 saves
Market activity
Demand and pricing signals for this listing
530 views
People checking out this listing
17 saves
Buyers have saved this home
5 days on market
Just listed — act fast
$161/sqft
Price per square foot
About this home
Single Family · Built 1956
FOR SALE — Turnkey 5BR/3BA Student Rental Near UI Vet School | High-Demand, Low-Vacancy -Rare opportunity to acquire a fully-rented, furnished, 5-bedroom, 3-bath student rental in Urbana, IL, located minutes from the UI Vet School — one of the most stable and reliable tenant pools in the region. This property has a long history of renting to Grad and Vet students who stay multiple years, creating consistent cash flow and minimal turnover. PROPERTY FEATURES: 5 true bedrooms 3 full bathrooms Finished basement with 2 bedrooms + living area, second kitchenette and laundry area Corner lot with fenced yard and patio Garage + driveway parking Washer/dryer included Strong rental history with Grad and Vet students Easy to rent year after year INVESTMENT HIGHLIGHTS Historically low vacancy High demand from Grad and Vet students (stable, long-term tenants) Turnkey setup for multi-tenant living Ideal for out-of-state or hands-off investors Perfect for parents wanting housing for their Vet student while renting the other rooms Financials, rent roll, and pro forma available upon request
Standout features identified
Our analysis highlights second kitchenette, corner lot, and fenced yard and patio as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,814/month
Principal & Interest$1,428
Property Tax$290
Insurance$97
Down payment20% ($57,980)
3%50%
Est. 6.25% rate · 30yr fixed · $231,920 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1956
HeatingForced air, Gas
CoolingCentral
Parking7 Parking spaces
Lot10,454 sqft
Days on Zillow5 Days
Price/sqft$161
Property
Home typeSingle Family
Year built1956
Systems
HeatingForced air, Gas
CoolingCentral
Water / SewerSewer-Public
Parking & Outdoor
ParkingGarage - Attached, Off-street, On-street
BasementFinished
Lot10,454 sqft
Location & Tax
Neighborhood61801
Annual tax$7,976
Parcel932120280003
Bathrooms & Fees
Full baths3
Features & details
6 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Freezer
Garbage disposal
Microwave
Range / Oven
Refrigerator
Washer
Flooring
Carpet
Linoleum / Vinyl
Heating
Forced air
Gas
Cooling
Central
Exterior Features
Exterior
Other
Parking
Garage - Attached
Off-street
On-street
Room details
5 rooms detailed
Dining Room
Family Room
Laundry Room
Master Bath
Recreation Room
Listing insights
Market data and value estimates
StatusFor Sale
Days on market5
Est. value$298,900
Est. rent$2,601/mo
Tax rate2.17%
Price/sqft$161
On marketApr 2, 2026
PostedApr 2, 2026
Last sold$212,500
Tour days6
Views530
Favorites17
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61801
Price history
8 events
DateEventPrice$/sqftSource
Apr 2, 2026Listed For Sale$289,900$161Owner
Mar 12, 2020Sold$212,500$118MRED as distributed by MLS GRID
Feb 10, 2020Pending Sale$225,000$125RE/MAX Choice
Dec 17, 2019Price Change$225,000$125RE/MAX Choice
Nov 4, 2019Listed For Sale$229,900$128RE/MAX Choice
Sep 27, 2018Sold$100,000$56MRED as distributed by MLS GRID
Jul 3, 2018Pending Sale$109,900$61RE/MAX REALTY ASSOCIATES-CHA
Jun 21, 2018Listed For Sale$109,900$61RE/MAX REALTY ASSOCIATES-CHA
Listed For Sale$289,900
Apr 2, 2026•$161/sqft•Owner
Sold$212,500
Mar 12, 2020•$118/sqft•MRED as distributed by MLS GRID
Pending Sale$225,000
Feb 10, 2020•$125/sqft•RE/MAX Choice
Price Change$225,000
Dec 17, 2019•$125/sqft•RE/MAX Choice
Listed For Sale$229,900
Nov 4, 2019•$128/sqft•RE/MAX Choice
Sold$100,000
Sep 27, 2018•$56/sqft•MRED as distributed by MLS GRID
Pending Sale$109,900
Jul 3, 2018•$61/sqft•RE/MAX REALTY ASSOCIATES-CHA
Listed For Sale$109,900
Jun 21, 2018•$61/sqft•RE/MAX REALTY ASSOCIATES-CHA
Tax history
25 years of records
YearTax paidAssessed value
Apr 7, 2024$7,976$77,250
Apr 7, 2023$7,505$70,480
Apr 7, 2022$7,033$64,900
Apr 7, 2021$6,535$60,480
Apr 7, 2020$5,321$55,400
Apr 7, 2019$5,151$55,400
Apr 7, 2018$5,151$55,790
Apr 7, 2017$5,201$54,600
Apr 7, 2016$5,059$53,530
Apr 7, 2015$5,059$53,530
Apr 7, 2014$5,039$53,530
Apr 7, 2013$4,961$53,420
Apr 7, 2012$4,443$53,420
Apr 7, 2011$4,444$53,420
Apr 7, 2010$4,410$57,140
Apr 7, 2009—$57,930
Apr 7, 2008—$57,620
Apr 7, 2007$4,058$56,600
Apr 7, 2006$4,000$53,720
Apr 7, 2005$3,840$51,520
Apr 7, 2004$3,656$49,920
Apr 7, 2003$3,570$46,890
Apr 7, 2002$3,339$42,240
Apr 7, 2001$3,196$40,530
Apr 7, 2000$3,104$39,620
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
No obligation · Same-day response