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.
Active
$125,000
1206 N Lincoln Ave, Urbana, IL 61801
3beds
864sqft
:
Get pre-qualified$940/mo
Single Family Residence
Built in 1956
-- sqft lot
$119,700 Zestimate®
$145/sqft
$-- HOA
What's special
New roof
- 121 days |
- 635 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Ward 217-840-0388,
JOEL WARD HOMES, INC
Source: MRED as distributed by MLS GRID,MLS#: 12601313
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 84 Square Feet
- Dimensions: 12X7
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 60 Square Feet
- Dimensions: 12X5
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18X12
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Crawl Space
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Dimensions: 64x150x63.94x150
Details
- Parcel number: 912108151003
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Steel Siding
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Urbana
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $78,840
- Annual tax amount: $2,711
- Date on market: 3/25/2026
- Ownership: Fee Simple
Estimated market value
$119,700
$114,000 - $126,000
$1,264/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $125,000+43.7%$145/sqft |
Source:  MRED as distributed by MLS GRID #12601313 Report a problem | ||
| 6/3/2022 | Sold | $87,000-3.2%$101/sqft |
Source: MRED as distributed by MLS GRID #11390047 Report a problem | ||
| 5/22/2022 | Pending sale | $89,900$104/sqft |
Source: MRED as distributed by MLS GRID #11390047 Report a problem | ||
| 5/11/2022 | Price change | $89,900-2.8%$104/sqft |
Source: MRED as distributed by MLS GRID #11390047 Report a problem | ||
| 5/9/2022 | Price change | $92,500-2.1%$107/sqft |
Source: MRED as distributed by MLS GRID #11390047 Report a problem | ||
| 4/29/2022 | Listed for sale | $94,500+21.3%$109/sqft |
Source: MRED as distributed by MLS GRID #11390047 Report a problem | ||
| 9/29/2014 | Listing removed | $850$1/sqft |
Source: (217) 355-5343 Ext 7 Report a problem | ||
| 9/9/2014 | Price change | $850+6.9%$1/sqft |
Source: Strong Investments Inc Report a problem | ||
| 9/7/2014 | Listed for rent | $795$1/sqft |
Source: Strong Investments Inc Report a problem | ||
| 9/1/2014 | Listing removed | $77,900$90/sqft |
Source: Keller Williams Realty - The Real Estate Center of Illinois, LLC. #2142414 Report a problem | ||
| 6/20/2014 | Price change | $77,900-2.5%$90/sqft |
Source: Keller Williams Realty - The Real Estate Center of Illinois, LLC. #2142414 Report a problem | ||
| 5/24/2014 | Listing removed | $795$1/sqft |
Source: Strong Investments Inc Report a problem | ||
| 5/24/2014 | Listed for sale | $79,900+77.6%$92/sqft |
Source: Keller Williams Realty - The Real Estate Center of Illinois, LLC. #2142414 Report a problem | ||
| 5/23/2014 | Listed for rent | $795$1/sqft |
Source: Strong Investments Inc Report a problem | ||
| 4/4/2012 | Listing removed | $795$1/sqft |
Source: Hotpads for Rent Report a problem | ||
| 2/14/2012 | Price change | $795-3.6%$1/sqft |
Source: Hotpads for Rent Report a problem | ||
| 11/14/2011 | Listed for rent | $825$1/sqft |
Source: Hotpads for Rent Report a problem | ||
| 5/22/2003 | Sold | $45,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,711 +6.3% | $26,280 +9.6% |
| 2023 | $2,551 +6.7% | $23,980 +8.6% |
| 2022 | $2,390 +7.6% | $22,080 +7.3% |
| 2021 | $2,221 +3.4% | $20,570 +3% |
| 2020 | $2,148 +3.4% | $19,970 |
| 2019 | $2,078 | $19,970 -0.7% |
| 2018 | $2,078 -1.2% | $20,110 +2.2% |
| 2017 | $2,103 +0.6% | $19,680 |
| 2016 | $2,092 | $19,680 |
| 2015 | $2,092 +34.1% | $19,680 -5% |
| 2014 | $1,559 -30.9% | $20,710 -4% |
| 2013 | $2,257 +11.6% | $21,570 |
| 2012 | $2,021 -0.7% | $21,570 -6.2% |
| 2011 | $2,035 +2.1% | $23,000 -1.6% |
| 2010 | $1,993 | $23,370 -0.4% |
| 2009 | -- | $23,470 +6.5% |
| 2008 | -- | $22,040 +1.8% |
| 2007 | $1,658 +4.8% | $21,650 +12.4% |
| 2006 | $1,582 +6.2% | $19,270 +6.8% |
| 2005 | $1,490 +0.5% | $18,050 +3.2% |
| 2004 | $1,483 +11.8% | $17,490 +2.6% |
| 2003 | $1,326 -0.1% | $17,040 +10.6% |
| 2002 | $1,327 +6.2% | $15,400 +6.4% |
| 2001 | $1,250 +36.6% | $14,480 +2.3% |
| 2000 | $915 | $14,150 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61801
Nearby schools
GreatSchools rating
- 2/10M L King Jr Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Urbana High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Martin Luther King Jr Elementary
- Middle: Urbana Middle School
- High: Urbana High School
- District: 116
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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