# 1206 N Lincoln Avenue, Urbana, IL 61801

> **TL;DR:** 3bd/1ba single family, $125,000 ($145/sqft), built 1956, 864 sqft.
> Hardwood, A/C. Est. $542/mo. Listed 16 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $125,000 |
| Price/sqft | $145 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 864 |
| Year Built | 1956 |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 16 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $542 |
| **Total** | **$542** |

## Nearby Schools

- **Elementary:** Martin Luther King Jr Elementary
- **Middle:** Urbana Middle School
- **High:** Urbana High School

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1956
- 2 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 1206 N Lincoln Avenue, Urbana, IL 61801
- **County:** Champaign
- **Coordinates:** 40.1232, -88.21908
- **Google Maps:** https://www.google.com/maps?q=40.1232,-88.21908

## Listing Agent

- **Name:** Nicholas Ward
- **Brokerage:** JOEL WARD HOMES, INC
- **Phone:** (217) 355-4999
- **Email:** nick@joelwardhomes.com

## Primary Photo

![1206 N Lincoln Avenue - Primary Photo](http://lh.rdcpix.com/970bd6e786678367632f962299e95df5l-f766701663r.jpg)

---

**MLS#:** 12601313 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1206-n-lincoln-avenue-urbana-il-61801-12601313)

---

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