1206 N Lincoln Avenue Urbana, IL ^$ 125,000

1206 N Lincoln Avenue

^$ 125,000

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Recently Listed

1206 N Lincoln Avenue

Urbana, IL, 61801

^$ 125,000

Bedrooms3 Baths1.0 Sq 864

Monthly Estimate*

^$ 770

1206 N Lincoln Avenue, Urbana, IL 61801 - Image 1

Single Family Home for sale in Urbana, IL

for $125,000 with 3 bedrooms and 1 full bath. This 864 square foot home was built in 1956.

Excellent 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, and an updated interior, creating a low-maintenance opportunity with added peace of mind for investors. 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.

Single Family Active

Price

^$ 125,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,711

Style

Ranch

Year Built

1956

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12601313

Features

General

Living Area 864

Sewer Public Sewer

Heating Natural Gas Forced Air

Cooling Central Air

Possession Closing Tenant's Rights

Garage Spaces 2

Association Fee Includes None

Architectural Style Ranch

Construction Materials Aluminum Siding Steel Siding

Year Built 1956

Township Cunningham

Tax Year 2024

Ownership Fee Simple

Assoc Fee Paid Per Not Applicable

County Champaign

New Construction N

Property Type Residential Detached Single

Total Rooms 5

Full Baths 1

Status New

Directions Interstate 74 East to Lincoln Ave. South on Lincoln past the Vineyard Church. Located on East Side of road.

High School Urbana High School

City Urbana

High School District 116

MLS Area Urbana

Elementary School Martin Luther King Jr Elementary

Tax Annual Amount 2711

Middle/Junior High School Urbana Middle School

Standard Status Active

Middle/Junior School District 116

Elementary School District 116

Interior

Basement Crawl Space

Half Baths 0

Total Bedrooms 3

Below Grade Finished Area 0

Room Type No additional rooms

Total Baths 1

Bedrooms Possible 3

Exterior

Parking Features Gravel Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2

Lot Dimensions 64x150x63.94x150

Waterfront Y/N N

* Excluded Features

List By

Joel Ward Homes, Inc

Broker

nick@joelwardhomes.com

Affordability Calculator

$996

Per Month

Monthly Principal & Interest: $770
Monthly Property Taxes: $226
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Urbana, IL

Average List Price ^$342,126

Percent of Sale Price 174%

About Urbana, IL

41,987 Population

11% Since 2002

^$39,331 Median Income

26.41 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5127004 Elementary School

1881592 Middle School

Urbana High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2026	$125,000		Listed Price

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1206 N Lincoln Avenue, Urbana, IL, 61801 is a Single Family Home for sale at $125,000 with 864 sqft. 1206 N Lincoln Avenue has 3 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 61801 which is in Urbana, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 3/26/2026.

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1206 N Lincoln Avenue

Single Family Home for sale in Urbana, IL

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