1206 N Lincoln Avenue, Urbana, IL 61801

Urbana
Local realty services provided by:ERA Partners
1206 N Lincoln Avenue,Urbana, IL 61801
$125,000
  • 3 Beds
  • 1 Baths
  • 864 sq. ft.
  • Single family
  • Active
Listed by: nicholas ward
Office: joel ward homes, inc
MLS#:12601313
Source:MLSNI

Price summary

  • Price:$125,000
  • Price per sq. ft.:$144.68

About this home

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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Home facts

  • Year built:1956
  • Listing ID #:12601313
  • Updated:October 01, 2026 at 12:04 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Living area:864 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1956
  • Building area:864 sq. ft.
  • Architectural Style:Ranch
  • Levels:1 Story

Schools

  • High school:Urbana High School
  • Middle school:Urbana Middle School
  • Elementary school:Martin Luther King Jr Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$144.68
  • Tax amount:$2,711 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage, Gravel
  • Garage:Yes
  • Garage spaces:2
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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