Urbana Illinois Real Estate Information
Urbana was founded in 1833, after it formed the county seat of new Champaign County. In 1836 the first Champaign County courthouse is built. The Illinois Central Railroad reached Urbana in 1854, shortly before it came to Champaign.
Population: 36,395 (2000)
Median resident age: 24.6 (2000)
New home construction building permits and price information for single family homes in Urbana Illinois past 3 years:
156 building permits avg. cost $96,100
155 building permits avg. cost $116,900
104 building permits avg. cost $133,400
Urbana has built over 400 single family properties over the past 3 years. In 2001 Urbana created a “Build Urbana” tax rebate program for single family properties to help encourage new development in the city. Over 700 homes have been built under the program so far.
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