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.
Property Details
Price:
$125,000
MLS #:
MRD12601313
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Neighborhood:
urbana
Listed Date:
Mar 25, 2026
Finished Sq Ft:
864
Year Built:
1956
See this Listing
Schools
School District:
116
Elementary School:
Martin Luther King Jr Elementary
Middle School:
Urbana Middle School
High School:
Urbana High School
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Natural Gas, Forced Air
Exterior
Architectural Style
Ranch
Construction Materials
Aluminum Siding, Steel Siding
Garage Spaces
2
Parking Features
Gravel, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$2,711
Map
Community
- Address1206 N Lincoln Avenue Urbana IL
- CityUrbana
- CountyChampaign
- Zip Code61801
Market Summary
Current real estate data for Single Family in Urbana as of Oct 15, 2026
120
Single Family Listed
71
Avg DOM
177
Avg $ / SqFt
$318,776
Avg List Price
Property Summary
- 1206 N Lincoln Avenue Urbana IL is a Single Family for sale in Urbana, IL, 61801. It is listed for $125,000 and features 3 beds, 1 baths, and has approximately 864 square feet of living space, and was originally constructed in 1956. The current price per square foot is $145. The average price per square foot for Single Family listings in Urbana is $177. The average listing price for Single Family in Urbana is $318,776.
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Copyright 2026. All rights reserved.
1206 N Lincoln Avenue
Urbana, IL