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$215,000 Contingent
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Property Description
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!
Full Property Details
Full Property Details for 707 S Anderson St
General
- Price: $215,000
- Taxes: $5,502 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12651110
- Updated: 6/4/2026
- Added to Site: 12 day(s) ago
Interior
- Basement: Unfinished
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Yes, Garage Owned, Detached, Garage
Location
- Area: Urbana
- County: Champaign
- Township: Cunningham
- Driving Directions: From E Oregon St, south on Anderson St, home will be on the right
School Information
- School District: 116
- Elem School District: 116
- Midd School District: 116
- High School District: 116
- Elementary School: Urbana Elementary School
- Middle School: Urbana Middle School
- High School: Urbana High School
- Private School: Urbana High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Natural Gas, Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Sub-Flooring: Hardwood
- Square Feet: 1,096
- Sq. Ft. Source: Assessor
- Year Built: 1925
- Built Before 1978: Yes
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size (Acres): 0.14
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 118 x 53
- Fence: Yes
- Lot Features: Mature Trees
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1925
- Tax Amount: $5,502.58
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 922117287014
Listed by Ryan Dallas Real Estate
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Schools
Schools serving 707 S Anderson St
School District:Urbana School District 116
| Name | Grades | Distance |
|---|---|---|
Leal Elementary School 312 West Oregon Street, Urbana, IL 61801 | K-5 | 0.6 mi |
Urbana Middle School 1201 South Vine Street, Urbana, IL 61801 | 6-8 | 0.4 mi |
Urbana High School 1002 South Race Street, Urbana, IL 61801 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 707 S Anderson St
Date
Details
Price
Change
Source
6/03/2026
Listed
$215,000
32.31%
MLS
2/02/2024
Sold
$162,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 707 S Anderson St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,503
6%
$56,440
6%
2023
$5,178
—
$53,350
10%
2023
$5,178
7%
$48,680
9%
2022
$4,852
8%
$44,830
7%
2021
$4,510
3%
$41,780
3%
2020
$4,363
3%
$40,560
—
2019
$4,239
18%
$40,560
-1%
2018
$3,599
-3%
$40,840
—
2017
$3,724
5%
$40,840
4%
2016
$3,536
4%
$39,270
4%
2015
$3,413
1%
$37,760
—
2014
$3,367
1%
$37,760
—
2013
$3,323
12%
$37,760
—
2012
$2,976
—
$37,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 707 S Anderson St
707 S Anderson Street, Urbana, IL 61801 (MLS# 12651110) is a Single Family property with 2 bedrooms and 1 full bathroom. 707 S Anderson Street is currently listed for $215,000 and was received on June 03, 2026. Want to learn more about 707 S Anderson Street? Do you have questions about finding other Single Family real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.
