LKV Realty
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$125,000
$650Reward *
1206 N Lincoln Avenue, Urbana, IL 61801Listing ID 12601313

1206 N Lincoln Avenue, Urbana, IL 61801

Active
Urbana
Time on site: 145 daysLast updated: Apr 25, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
1
Square Feet
Square Feet
864
Days on Site
Days on Site
145
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1956
Garages
Garages
2
Parking
Parking
Gravel, Yes, Garage Owned, Detached, Garage

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 Information

Property Details

Location

Address
1206 N Lincoln Avenue
County
Champaign
City
Urbana
Zip Code
61801
Subdivision
Urbana
School District
116
High School
Urbana High School
Elementary School
Martin Luther King Jr Elementary
MLS Area
Urbana

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
1

Building

Building Information

Square Feet
864
Year Built
1956
Construction
Aluminum Siding, Steel Siding

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,711
Tax Year
2024

Homeowner Association

HOA Fee Frequency
Not Applicable
JOEL WARD HOMES, INC

Market Report for 61801

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 07:10 AM 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 IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD952607