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1206 N Lincoln Avenue

Urbana, IL 61801
  • $125,000
  • STATUS: Active
  • MLS #: 12601313
UPDATED: 81 min ago
$125,000
  • 3
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 864
    SQFT
  • $145
    $/SQFT
Neighborhood:
Urbana
Type:
Single-Family Home
Built:
1956
County:
Champaign
Area:
Urbana

School Information

Elementary School:
Martin Luther King Jr Elementary
Middle School:
Urbana Middle School
High School:
Urbana High School
School District:
116
School Ratings & Info

Description

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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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties.

Based on information submitted to the MLS GRID as of 2026-06-15T15:28:10.953 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1206 N Lincoln Avenue Urbana, IL 61801

  • Price: $125,000
  • Status: Active
  • On Site: Days
  • Updated: 81 min ago
  • MLS #: 12601313
3
Beds
1
Baths
0
½ Baths
N/A
Acres
864
SQFT
$145
$/SQFT
1956
Built
Neighborhood:
Urbana
County:
Champaign
Area:
Urbana
Elementary School:
Martin Luther King Jr Elementary
Middle School:
Urbana Middle School
High School:
Urbana High School
School District:
116
Property Description
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.
Exterior Features

Architectural Style Ranch Is Parking Included In Price Yes Lot Size Less Than .25 Acre Parking Features GravelYesGarage OwnedDetachedGarage Parking Total 2 Types 1 Story Waterfront YN No

Interior Features

Approximate Finished Sq Ft 864 Basement Bathrooms YN No Basement Details Crawl Space Basement Sqft 0 Bedrooms Below Grade 0 Bedrooms Total 3 Below Grade Finished Area 0 Cooling Central Air Heating Natural GasForced Air Lower Square Feet 0 Main Sq Ft 864 Room Type No additional rooms Rooms (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) Bedroom 2 (Main) Bedroom 3 (Main) Bedroom 4 (N/A) Dining Room (N/A) Family Room (N/A) Kitchen (Main) Laundry (Main) Living Room (Main) Master Bedroom (Main) Rooms Total 5 Total Sq Ft 864 Unfinished Sqft 864 Upper Square Feet 0

Property Features

Age 61-70 Years Association Fee Frequency Not Applicable Association Fee Includes None Built Before1978 YN Yes Corporate Limits Urbana Currently Leased Yes Disability Access And Or Equipped No General Information None Master Association Fee Frequency Not Required Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rural No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2711 Tax Year 2024 Township Cunningham Type Detached Single Water Source Public

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of JOEL WARD HOMES, INC: .



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties.

Based on information submitted to the MLS GRID as of 2026-06-15T15:28:10.953 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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