Closed

$220,000

201 N Lincoln Ave, Urbana, IL 61801

6beds

--sqft

Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,458 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,458/mo

Zestimate^® history

Owner options

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$1,681/mo

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$1,681/mo

Est. payment

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What's special

Blocks from the engineering campus this student rental property features oversized units and a great location. It has three 2bedroom 1bathroom apartments and an additional 2 car garage that is rented separately. The units rent for $895,$835,$830 respectively. The garage rents for an additional $70 per month. $2630 gross per month. Landlord pays for Call Gas/electric, water, sewer, trash and recycling. Tenants pay for their own internet. Step into cash flow. This is a turnkey investment property in a coveted location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas

Features

Basement: Unfinished,Full

Property

Parking

Total spaces: 3
Parking features: On Site, Owned

Lot

Size: 3,300 Square Feet

Details

Parcel number: 912107486012
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Urbana

Financial & listing details

Tax assessed value: $247,770
Annual tax amount: $7,510
Date on market: 10/3/2023
Listing terms: Cash
Ownership: Fee Simple

Price history

Date	Event	Price
5/1/2024	Sold	$220,000-12%
Source: MRED as distributed by MLS GRID #11886048 Report a problem
3/24/2024	Pending sale	$250,000
Source: MRED as distributed by MLS GRID #11886048 Report a problem
2/10/2024	Listed for sale	$250,000-1.6%
Source: MRED as distributed by MLS GRID #11886048 Report a problem
11/17/2023	Contingent	$254,000
Source: MRED as distributed by MLS GRID #11886048 Report a problem
10/3/2023	Listed for sale	$254,000+6.9%
Source: MRED as distributed by MLS GRID #11886048 Report a problem
6/17/2016	Listing removed	$795-23.2%
Source: The Weiner Companies, Ltd. Report a problem
3/17/2016	Listed for rent	$1,035-13.8%
Source: The Weiner Companies, Ltd. Report a problem
2/9/2016	Listing removed	$1,200-70.3%
Source: Zillow Rental Manager Report a problem
1/18/2016	Price change	$4,045-5.3%
Source: The Weiner Companies, Ltd. Report a problem
11/3/2015	Listed for rent	$4,270
Source: The Weiner Companies, Ltd. Report a problem
2/24/2010	Sold	$237,500+48.4%
Source: Public Record Report a problem
6/30/2005	Sold	$160,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,518 +6.3%	$82,590 +9.6%
2023	$8,015 +6.7%	$75,350 +8.6%
2022	$7,510 +7.6%	$69,380 +7.3%
2021	$6,980 +7.5%	$64,660 +7.1%
2020	$6,492 +3.4%	$60,350
2019	$6,279	$60,350 -0.7%
2018	$6,279 -3.3%	$60,780
2017	$6,496 +0.6%	$60,780
2016	$6,460	$60,780
2015	$6,460 +0.3%	$60,780
2014	$6,443 +1.3%	$60,780
2013	$6,359 +11.7%	$60,780
2012	$5,695 +5.9%	$60,780
2011	$5,377 +2.5%	$60,780 -1.6%
2010	$5,246	$61,770
2009	--	$61,770 +4.5%
2008	--	$59,090 +1.8%
2007	$4,520 -1.1%	$58,040 +4.2%
2006	$4,573 +29.5%	$55,700 +30.3%
2005	$3,530 +6.3%	$42,760 +3.2%
2004	$3,320 +7.6%	$41,430 +8.6%
2003	$3,085 -0.1%	$38,150 +6.5%
2002	$3,087 +11.1%	$35,820 +11.2%
2001	$2,780 +7.9%	$32,210 +7.4%
2000	$2,576	$29,980

Find assessor info on the county website

Neighborhood: 61801

Nearby homes

Nearby schools

GreatSchools rating

5/10
Leal Elementary School
Grades: K-5Distance: 0.6 mi
3/10
Urbana Middle School
Grades: 6-8Distance: 1 mi
2/10
Urbana High School
Grades: 9-12Distance: 0.9 mi

Schools provided by the listing agent

Elementary: Leal 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.