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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.
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.
Key Features
- Built in 1956
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1206 N Lincoln Avenue
Urbana, IL 61801
Property Details
Flooring
Construction
Parking
Heating
Cooling
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 $542 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 2 parking spaces.
This property is listed by Nicholas Ward and can be reached at (217) 355-4999 or nick@joelwardhomes.com.




