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Listing provided courtesy of JOEL WARD HOMES, INCMREDas Distributed by MLSGrid- MLS# 12601313MLS Provider

1206 N Lincoln AvenueUrbana, IL 61801

Single Family · 3 Beds · 1 Full Bath · 864 Sq. ft.
$125,000 Active

1206 N Lincoln Avenue Overview

Time on Site:
97 days
Visits:
0

Investment opportunity in a prime location near campus, offering immediate and stable cash flow. This property features a new roof and full exterior repaint in 2021. Currently leased through July 2027, this home provides reliable rental income from day one. A strong option for buyers searching for a turnkey investment property, rental near campus, or long-term income-producing real estate with major exterior improvements already completed.

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1206 N Lincoln Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 864
  • Price/Sq.ft. $145

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 116
  • Elementary School: Martin Luther King Jr Elementary
  • Middle Or Junior School: Urbana Middle School
  • High School: Urbana High School

Building Information

  • New Construction: No
  • Year Built: 1956

Location/Region

  • County Or Parish: Champaign
  • MLS Area Major: Urbana
  • Township: Cunningham

Rent/Lease Information

  • Lease Expiration: 2027-07-28

Tax Information

  • Tax Annual Amount: $2,711.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 912108151003
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 864
  • Basement SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 864
  • Unfinished Basement SqFt.: 0
  • Unfinished Lower SqFt.: 0
  • Upper SqFt.: 0

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Below Grade Finished Area: 0

General Information

  • Basement: Crawl Space
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Living Area: 864
  • Living Area Source: Taped
  • Rooms Total: 5

Exterior

Parking Information

  • Parking Features: Gravel, Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 64x150x63.94x150
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Aluminum Siding, Steel Siding

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 12X10

Room: Bedroom 3

  • Level: Main
  • Dimensions: 12X7

Room: Kitchen

  • Level: Main
  • Dimensions: 12X9

Room: Laundry

  • Level: Main
  • Dimensions: 12X5

Room: Living Room

  • Level: Main
  • Dimensions: 18X12

Room: Master Bedroom

  • Level: Main
  • Dimensions: 12X11

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Dining Room

  • Level: N/A

Room: Family Room

  • Level: N/A

1206 N Lincoln Avenue Neighborhood

Community

61801 (URBANA) Demographics

24
Median Age
5,741
Population Density (per sq. mile)
70%
College Educated
$32,569
Estimated Median Income
3,672
Estimated Total Home Owners
8,386
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1206 N Lincoln Avenue Monthly Cost

$
$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1206 N Lincoln Avenue Market Data

Based on the last 30 days in this zip code

$287,869
Average List Price
$161
Average Price per Square Foot
9
Properties Sold
44
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

1206 N Lincoln Avenue History

Date Event Value Agent
3/30/2026Source: MRED Status Change
Active
3/25/2026Source: MRED Added to Database
March 25, 2026
6/20/2022Source: MRED Added to Database
April 29, 2022
6/3/2022Source: MRED Status Change
Closed
5/22/2022Source: MRED Status Change
Pending
5/16/2022Source: MRED Status Change
Active
5/11/2022Source: MRED Price Reduction
$89,900 -2.8%
5/9/2022Source: MRED Price Reduction
$92,500 -2.1%
5/9/2022Source: MRED Status Change
Price Change
5/4/2022Source: MRED Status Change
Active