Discover the potential at the gateway to the University of Illinois! This expansive 3.12-acre parcel offers unparalleled development opportunities along one of the busiest roads in Champaign-Urbana. Perfectly positioned in an opportunity zone, this prime location boasts easy access to Interstate 74, enhancing its appeal for various developments. Seize the chance to invest in a thriving area with maximum visibility and convenience. Whatever you envision, this property provides the flexibility to bring your vision to life. Don't miss out on this rare opportunity-take the first step towards realizing your development ambitions today!
Active
Price increase: $1.2M (5/31)
$1,200,000
1301 N Lincoln Ave, Urbana, IL 61801
--beds
--baths
3.12Acres
Unimproved Land
Built in ----
3.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 610 days |
- 81 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Scott Bechtel, GRI (217)377-6160,
KELLER WILLIAMS-TREC,
Michael Elliott 217-841-6915,
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 12213159
Facts & features
Property
Features
- Frontage length: 205
Lot
- Size: 3.12 Acres
- Dimensions: 205X662
Details
- Parcel number: 912107226014
- Zoning: SINGL
- Special conditions: None
Utilities & green energy
- Utilities for property: Natural Gas Available, Water Available
Community & HOA
Location
- Region: Urbana
Financial & listing details
- Tax assessed value: $152,730
- Annual tax amount: $4,940
- Date on market: 11/19/2024
- Ownership: Fee Simple
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
$1,595/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Price change | $1,200,000 |
Source: MRED as distributed by MLS GRID #12213159 Report a problem | ||
| 5/23/2026 | Price change | -- |
Source: MRED as distributed by MLS GRID #12213159 Report a problem | ||
| 9/23/2025 | Price change | $1,200,000-20% |
Source:  MRED as distributed by MLS GRID #12213159 Report a problem | ||
| 11/19/2024 | Listed for sale | $1,500,000-16.7% |
Source: MRED as distributed by MLS GRID #12213159 Report a problem | ||
| 8/17/2024 | Listing removed | $1,800,000 |
Source: MRED as distributed by MLS GRID #12010924 Report a problem | ||
| 8/8/2024 | Price change | $1,800,000-21.7% |
Source: MRED as distributed by MLS GRID #12010924 Report a problem | ||
| 4/3/2024 | Listed for sale | $2,300,000 |
Source: MRED as distributed by MLS GRID #12010924 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,251 +6.3% | $50,910 +9.6% |
| 2023 | $4,941 +6.7% | $46,450 +8.6% |
| 2022 | $4,629 +7.6% | $42,770 +7.3% |
| 2021 | $4,303 +52.6% | $39,860 +7.1% |
| 2020 | $2,819 +3.1% | $37,210 |
| 2019 | $2,735 | $37,210 -0.7% |
| 2018 | $2,735 -0.3% | $37,470 +2.2% |
| 2017 | $2,743 +0.6% | $36,670 |
| 2016 | $2,728 | $36,670 |
| 2015 | $2,728 -6.8% | $36,670 -5% |
| 2014 | $2,926 -4.2% | $38,600 -4% |
| 2013 | $3,055 +8% | $40,200 |
| 2012 | $2,830 +5.9% | $40,200 |
| 2011 | $2,672 -8.4% | $40,200 -1.6% |
| 2010 | $2,916 | $40,850 +1.3% |
| 2009 | -- | $40,340 -18.5% |
| 2008 | -- | $49,500 +1.8% |
| 2007 | $3,356 +3.3% | $48,620 +9.1% |
| 2006 | $3,249 +7.1% | $44,580 +6.8% |
| 2005 | $3,035 +7.7% | $41,760 +3.2% |
| 2004 | $2,819 +5.7% | $40,460 +8.6% |
| 2003 | $2,666 +0% | $37,270 +8.3% |
| 2002 | $2,665 +1.2% | $34,420 +1.2% |
| 2001 | $2,633 +7.7% | $34,010 +6.4% |
| 2000 | $2,446 | $31,960 |
Find assessor info on the county website
Monthly payment
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: 1.5 mi
Schools provided by the listing agent
- Elementary: Urbana Elementary School
- 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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