This 3-bedroom, 1-bathroom single family at 1206 N Lincoln Avenue in Urbana, IL is listed for $125,000 ($145 per sqft). Built in 1956, the home offers 864 sqft of living space on a N/A lot.
Key Features
Built in 1956
2 parking spaces
Property Details
1 story
1 full
2-car garage
1956
Amenities
HardwoodA/C
Listing Description
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.
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Principal$90
Interest$542
Insurance$36
Estimates only. Actual payments may vary.
Location
1206 N Lincoln Avenue
Urbana, IL 61801
Property Details
Flooring
VinylHardwood
Construction
Aluminum Siding Steel Siding
Parking
Garage
Heating
Natural GasForced Air
Cooling
Central Air
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1206 N Lincoln Avenue is listed at $125,000 ($145/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1956, 2 parking spaces.