About This Home

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.

This property is listed by Nicholas Ward.

NW

Nicholas Ward

Agent at Joel Ward Homes, Inc.

Listed by Joel Ward Homes, Inc. · Broker phone: (217) 355-4999 · View on Broker Site · Broker website

MLS# 12601313· Source: Midwest Real Estate Data, LLC· 219 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1206 N Lincoln Avenue, Urbana, IL 61801

Open this listing in: