Urbana Homes under $500,000

Welcome to Urbana, Illinois – a vibrant city nestled in the heart of Champaign County, known for its rich cultural heritage, thriving community, and picturesque landscapes. With a blend of small-town charm and urban convenience, Urbana offers an inviting atmosphere for families, professionals, and students alike.

Urbana is home to the prestigious University of Illinois, which infuses the city with a youthful energy and a plethora of cultural events, including art exhibits, music festivals, and farmers' markets. Nature enthusiasts will appreciate the city's beautiful parks and green spaces, such as the renowned Urbana Park District, offering trails for walking, biking, and picnicking, perfect for enjoying the beautiful Midwestern seasons.

For those searching for a home in Urbana, you'll be delighted to find a diverse array of properties available under $500,000. Whether you’re looking for a charming single-family home with a spacious yard, a modern townhouse with contemporary finishes, or a cozy bungalow with character, Urbana has something to suit every taste and budget.

The real estate market in Urbana is thriving, making it an excellent time to invest in your dream home. With affordable options and a welcoming community, Urbana is not just a place to live; it’s a place to flourish. Discover the perfect blend of affordability, quality of life, and a strong sense of community in Urbana, Illinois – where your next chapter awaits!

Newest Urbana Homes under $500,000

$199,000

2 Beds ⋅ 2 Baths ⋅ 12782594 MLS ⋅ NEW Status

Welcome to 801 N Busey Avenue in Urbana, conveniently located just two blocks northeast of the University of Illinois campus and one block north of Carle Hospital delivers location and and plenty of versatile living space. This well-maintained home offers numerous interior updates, including a refreshed kitchen with refinished countertops, updated cabinetry, and stainless steel dishwasher. Hardwood flooring adds warmth and character throughout much of the main level, while the finished basement provides additional flexible living space with new luxury vinyl plank flooring, perfect for a recreation area, home office, or guest accommodations. The finished basement offers an additional 443 square feet of flexible living space with new luxury vinyl plank flooring, two additional rooms currently used as bedrooms, and a half bath with sink and vanity. An additional 230 square feet of unfinished basement provides valuable utility and storage space. Major improvements include a new roof in 2020. Outside, enjoy a fully fenced yard, mature shade trees, and a detached 2-car garage with ample driveway parking. Ideally situated near Crystal Lake Park, the Family Aquatic Center, Champaign County Fairgrounds, shopping, dining, and campus amenities. A fantastic opportunity to own a well-maintained home with additional finished lower-level space in a convenient location. Seller would prefer to sell as a furnished home.

801 N Busey Avenue, Urbana

$110,000

2 Beds ⋅ 2 Baths ⋅ 12763496 MLS ⋅ NEW Status ⋅ Willow Springs BLDG.

Enjoy convenient, low-maintenance living in this main level 2-bedroom, 2-bathroom condo featuring a functional layout and the added benefit of a 1-car detached garage. The kitchen has sliding doors to the back covered patio to relax and enjoy the outdoors. With comfortable living space and practical amenities, this home is ideal for easy everyday living. Close to restaurants, shopping, and the interstate. Enjoy the clubhouse, tennis courts, and in ground pool! The association dues cover exterior maintenance, lawn care, snow removal, trash service, and common insurance. A great opportunity for anyone seeking comfort, convenience, and a place to call home!

1202 Dean Drive Unit #3, Urbana

$299,900

3 Beds ⋅ 2 Baths ⋅ 12729415 MLS ⋅ NEW Status

Welcome to 1402 Scovill Street in Urbana Illinois! This well maintained ranch style home has a brick exterior with 3 bedrooms, 2 full baths and an attached 2 car garage. The spacious living room has a large picture window that provides more natural light. The home has a formal dining room, an open kitchen with counter seating, and a family room with a corner fireplace. Both bathrooms have been updated with modern lighting, granite countertop vanities and newer tub and shower combinations. From the family room, you can access the wood deck where you can overlook the back yard and firepit. Another update this property features a newer roof. It's located near a bus line, shopping, parks and restaurants, this home is preinspected and waiting on its new owner. Come take a look and you might feel right at home.

1402 Scovill Street, Urbana

$324,900

3 Beds ⋅ 3 Baths ⋅ 12781553 MLS ⋅ NEW Status

Do not miss this opportunity to view this custom-built sprawling ranch home sitting on a gorgeous, private, fenced-in, oversized yard, which provides the feeling of being on your own private island. As soon as you pull up, you will know that you have arrived at "the one". As soon as you enter the front door, you will be wowed by the immersive, open-concept floor plan flowing in all directions, which also overlooks a bay of sliding doors and windows that bring the outside in, making you feel like your living space is also part of the outdoor space. The main living area incorporates a huge living room, an amazing, eat-in kitchen with an eating bar and a formal dining room area, all of which, have access to your backyard deck and patio, creating the perfect scenario for entertaining guests and loved ones. Highlights of this home include, but not limited to, replacement windows throughout, freshly painted, new flooring, a high-efficiency 95pct. heating/cooling system, large bedrooms, a plethora of closets/storage opportunities around every corner, with automatic lighting, custom window treatments and more, all making this truly a "Turn-Key" Home Purchase. Did I mention the over-sized, heated garage (with thermostat), additional built-in storage cabinets, floor drain and a water spigot, all providing the perfect environment for hobbyists, collectors, vehicle cleaning/maintenance, or just a cozy place for your vehicles! It would be perfect for hosting parties or events without worrying about making a mess inside. Schedule your tour today as this show-stopper is waiting for you to call this house your "HOME"!! :)

304 Carrie Avenue, Urbana

$84,000

1 Beds ⋅ 1 Baths ⋅ 12781055 MLS ⋅ NEW Status

Simple Living has Arrived! Looking for Less and an Open Space with a Southern Exposure - you found it here in Regency East Unit 201. Large Living Room draws in the sunlight during the day! Step out onto your Private balcony overlooking a mature neighborhood. The one BDRM offers great space to arrange furniture and the duel closets make it easy to separate your seasonal clothing. Additional closet storage located in the hallway off the Bath which also provides storage as well. The Step Saver Kitchen features a wood laminate flooring providing all your major appliances you'll need and is adjacent to the Dining Room with updated lighting. At this price, this unit will not last long!

1004 E Harding Drive Unit #201, Urbana

$269,900

3 Beds ⋅ 2 Baths ⋅ 12757564 MLS ⋅ NEW Status

Welcome home to this inviting 3-bedroom, 2-bath ranch featuring a comfortable, functional floor plan and neutral finishes throughout! Step inside to a spacious living room with vaulted ceilings and luxury vinyl flooring that continues into the private primary suite. The primary bedroom offers its own full bathroom and walk-in closet, creating a comfortable retreat at the end of the day. The additional two bedrooms are conveniently located near the home's second full bathroom. Storage is plentiful, with a pantry closet and broom closet in the kitchen, a coat closet near the front entry, and a linen closet in the hallway. A dedicated laundry and mudroom provides a convenient transition from the attached 2-car garage, helping keep everyday life organized. Outside, enjoy relaxing or entertaining on the backyard deck, with a garden shed providing additional storage for lawn and gardening equipment. Adding even more value, the home's siding is only approximately five years old. With its single-level layout, vaulted living space, great storage, primary suite, and practical features throughout, this well-maintained ranch is ready to welcome its next owner!

2206 E Pennsylvania Avenue, Urbana

$190,000

3 Beds ⋅ 1 Baths ⋅ 12774552 MLS ⋅ NEW Status

Move-in ready and full of updates, this 3-bedroom ranch offers comfortable one-level living plus a full basement and detached 2-car garage. The main level was recently professionally painted and has a bright, clean feel, with wood laminate flooring flowing through the living areas and bedrooms. The layout includes a spacious living room, dedicated dining area, efficient kitchen, three bedrooms, a full bath, and convenient main-floor laundry. Downstairs, the approximately 1,006-square-foot unfinished basement provides excellent storage and plenty of opportunity for future finished living space, with a bathroom already roughed in. Outside, enjoy a fenced backyard, concrete patio, and detached 2-car garage. The current owners have made numerous improvements, including a new roof in 2019, along with replacement of the furnace and central A/C (both approximately 6 years old), water heater (approximately 2 years old), sump pump, refrigerator, range, washer, and dryer. An active radon mitigation system is already in place. Ring doorbell and security system to transfer with the property. This home has been pre-inspected, with the inspection report available for buyer review. Want to take a closer look before your showing? Explore the complete media package featuring professional photography, aerial views, video, an interactive 3D tour, and detailed floor plan.

1419 S Smith Road, Urbana

3013 E Stillwater Landing Unit #3013, Urbana

$285,000

2 Beds ⋅ 2 Baths ⋅ 12775059 MLS ⋅ NEW Status ⋅ Water'S Edge BLDG.

Welcome to this absolutely beautiful and inviting 2-bedroom, 2-bath home located near the gorgeous Stone Creek Golf Course! From the moment you walk through the front door, you'll fall in love with the warmth, character, and beautiful updates throughout. Every detail has been thoughtfully chosen, creating a home that is as welcoming as it is beautiful! The spacious, open living area is filled with natural light and features a stunning fireplace adorned with gorgeous stonework and a beautiful new mantel. It's truly a showstopper and the perfect centerpiece for this warm and inviting space! The gorgeous waterproof wood flooring flows beautifully throughout the kitchen and family room, adding even more character and elegance. Just wait until you see the kitchen! Tastefully updated with beautiful granite countertops, a new sink and faucet, and a gorgeous ceramic tile backsplash, all professionally installed with beautiful attention to detail. The finishes complement one another perfectly, creating a kitchen you'll absolutely love! The spacious primary suite offers a wonderful place to unwind, complete with a private bathroom, generous closet space, and new carpeting. The second bedroom provides the perfect space for guests, a home office, or whatever fits your needs. And there's so much more! This home has an impressive list of updates, including a newer roof (2020), microwave (2022), stove (2025), refrigerator (2026), washer (2026), and beautiful new storm doors. Even the garage has received special attention with stunning epoxy floors, giving this space a beautiful, clean, finished look! Step outside to your own private patio, a wonderful spot to enjoy your morning coffee, entertain friends, or simply relax and take in the peaceful surroundings. With the beautiful Stone Creek Golf Course nearby, you'll love the location and all that this neighborhood has to offer. Beautifully maintained, tastefully updated, and absolutely adorable, this home offers the perfect combination of comfort, character, and low-maintenance living. From the gorgeous stone fireplace and beautifully updated kitchen to the inviting living spaces and thoughtful improvements, there is so much to appreciate. This isn't just another home; it's a place that feels welcoming the moment you walk inside. Come take a look and see for yourself just how special this home truly is!

3013 E Stillwater Landing Unit #3013, Urbana

$179,900

2 Beds ⋅ 1 Baths ⋅ 12775533 MLS ⋅ NEW Status

Location, location!! Just a few blocks from the UI campus. Open living area surrounds a pool covered by a large square, pyramid glass roof. The glass roof, along with the sliding glass doors, allows the sun to flow thru the entire house. Italian tile flooring thruout for easy maintenance. The courtyard is located between the house and garage, great for entertaining and hobbies. Hot house on the east side of home. Southern exposure. 9/26 New roof. Great fixer upper, with a great location. Sold "as is".

408 W Florida Avenue, Urbana

$340,000

4 Beds ⋅ 2 Baths ⋅ 12750809 MLS ⋅ NEW Status

If You've Been Wanting To Own A Nice Investment Home In The "State Streets" Location - Here It Is! This Home Has Nice Updates Including Vinyl Siding, Replacement Windows, Kitchen & Baths, And Beautiful Hardwood Floors On The First & Second Floors. There's A 2 Car Garage, Which Is Harder To Find In This Location. Convenient To Both Campus & Local Amenities. Seller Is Offering A One Year Home Warranty Too!

711 W California Avenue, Urbana

$125,000

2 Beds ⋅ 1 Baths ⋅ 12775464 MLS ⋅ NEW Status

Welcome home to this charming 2-bedroom, 1-bathroom home tucked away in a quiet corner of an Urbana neighborhood! This home offers spacious bedrooms and a generously sized bathroom, with beautiful hardwood flooring throughout the main living areas. The kitchen features plenty of cabinet space for storage. Outside, you'll find a huge backyard with tons of room to relax, entertain, or enjoy the outdoors, along with a detached workshop for additional storage. With comfortable living spaces, a peaceful setting, and plenty of room inside and out, this home is ready for its new owners. Seller offering home warranty but selling AS-IS.

1210 W Church Street, Urbana

$279,900

4 Beds ⋅ 2 Baths ⋅ 12777466 MLS ⋅ NEW Status

Welcome home to this well-maintained 4-bedroom, 2-bath ranch in the desirable South Ridge Subdivision! PAID-OFF SOLAR PANELS AT CLOSING! The seller will pay off the existing solar panel balance at closing, giving the buyer the benefit of the solar system without taking over a solar loan or monthly panel payment. Inside, the home offers a spacious one-story layout with vaulted ceilings and a mix of hardwood and LVP flooring throughout the main living areas. The kitchen features granite countertops and opens to the living room, where a wood-burning fireplace with a gas starter creates a comfortable central gathering space. All four bedrooms are generously sized and offer flexibility for guests, a home office, or additional living space. Major updates include an HVAC system installed in 2017 and a roof replacement in 2020. A professionally constructed retaining wall, built as part of the home's original construction, adds function and long-term stability. Conveniently located near parks, schools, shopping, dining, and everyday amenities.Schedule your showing today!

3110 Ridge Park Road, Urbana

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