707 S Anderson Street
Urbana, IL, 61801
$215,000
2 Beds
1 Baths
1,096 SqFt
0.14 Acres
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MLS #MRD12651110 image #0
Unique opportunity in Urbana featuring a charming 2 bedroom main home plus a 2 bedroom, 1 bath guest house with a private entrance and incredible income potential! The main home showcases a beautiful new front door welcoming you inside where you’ll discover gorgeous hardwood floors, tall ceilings, and abundant natural light throughout. Spacious living and dining rooms create an inviting atmosphere, while the sunroom has been transformed into additional living space with new carpet and windows. The stunning, fully remodeled kitchen features quartz countertops, stylish cabinetry, and updated fixtures. The full bath has been completely renovated with modern finishes and fixtures. Major updates provide peace of mind, including new electrical, new basement and kitchen windows, a new hot water heater, all new lighting, and a new fence surrounding the beautifully landscaped backyard. Enjoy outdoor living on the deck, perfect for relaxing or entertaining. The basement offers excellent storage space and laundry hookups. A 1 car garage and the attached 760 square foot guest house complete this unique property. Live in the main home and let the guest house generate extra income, or enjoy the flexibility for guests, extended family, or a home office. This is a rare find you won’t want to miss!

Property Details

Price:
$215,000
MLS #:
MRD12651110
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Single Family
Neighborhood:
urbana
Listed Date:
Jun 3, 2026
Finished Sq Ft:
1,096
Year Built:
1925
Parking TotalUrbanaUrbanaUrbana Elementary SchoolUrbana Middle SchoolUrbana High School

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Schools

School District:
116
Elementary School:
Urbana Elementary School
Middle School:
Urbana Middle School
High School:
Urbana High School

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Bathrooms
1 Full Bathroom
Cooling
Central Air, Window Unit(s)
Flooring
Hardwood
Heating
Natural Gas, Electric, Forced Air
Interior Features
1st Floor Bedroom, 1st Floor Full Bath

Exterior

Construction Materials
Vinyl Siding, Brick
Fencing
Fenced
Garage Spaces
1
Lot Features
Mature Trees
Other Structures
Guest House
Parking Features
Concrete, Yes, Garage Owned, Detached, Garage
Parking Spots
1
Parking Total
1
Patio And Porch Features
Patio

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$5,503

Map

Community

Market Summary

Current real estate data for Single Family in Urbana as of Jun 21, 2026
132
Single Family Listed
54
Avg DOM
181
Avg $ / SqFt
$348,089
Avg List Price

Property Summary

    707 S Anderson Street Urbana IL is a Single Family for sale in Urbana, IL, 61801. It is listed for $215,000 and features 2 beds, 1 baths, and has approximately 1,096 square feet of living space, and was originally constructed in 1925. The current price per square foot is $196. The average price per square foot for Single Family listings in Urbana is $181. The average listing price for Single Family in Urbana is $348,089.

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