For Sale504d on market
1301 N Lincoln Ave
Urbana, IL, 61801 • 61801 • Champaign County
$1,200,000
-$300,000 since Sep 23, 2025
3.5 acLot
Market activity
Demand and pricing signals for this listing
146 views
People checking out this listing
504 days on market
Established listing
About this home
Lot
Discover the potential at the gateway to the University of Illinois! This expansive 3.5-acre parcel offers unparalleled development opportunities along one of the busiest roads in Champaign-Urbana. Perfectly positioned in an opportunity zone, this prime location boasts easy access to Interstate 74, enhancing its appeal for various developments. Seize the chance to invest in a thriving area with maximum visibility and convenience. Whatever you envision, this property provides the flexibility to bring your vision to life. Don't miss out on this rare opportunity-take the first step towards realizing your development ambitions today!
Estimated monthly payment
Based on current rates
$7,827/month
Principal & Interest$6,227
Property Tax$1,200
Insurance$400
Down payment20% ($240,000)
3%50%
Est. 6.75% rate · 30yr fixed · $960,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
Lot3.50 Acres
Location & Tax
Neighborhood61801
ZoningSINGL
Annual tax$4,940
Parcel912107226014
Features & details
1 category of property features
Exterior Features
Utilities
Natural Gas Available
Water Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market504
Est. value$1,453,600
Est. rent$1,595/mo
Tax rate2.17%
On marketNov 19, 2024
PostedNov 19, 2024
MLS statusActive
MLS updatedNov 26, 2025
Tour days6
Views146
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61801
Price history
5 events
DateEventPrice$/sqftSource
Sep 23, 2025Price Change$1,200,000—MRED as distributed by MLS GRID
Nov 19, 2024Listed For Sale$1,500,000—MRED as distributed by MLS GRID
Aug 17, 2024Listing Removed$1,800,000—MRED as distributed by MLS GRID
Aug 8, 2024Price Change$1,800,000—MRED as distributed by MLS GRID
Apr 3, 2024Listed For Sale$2,300,000—MRED as distributed by MLS GRID
Price Change$1,200,000
Sep 23, 2025•MRED as distributed by MLS GRID
Listed For Sale$1,500,000
Nov 19, 2024•MRED as distributed by MLS GRID
Listing Removed$1,800,000
Aug 17, 2024•MRED as distributed by MLS GRID
Price Change$1,800,000
Aug 8, 2024•MRED as distributed by MLS GRID
Listed For Sale$2,300,000
Apr 3, 2024•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$5,251$50,910
Apr 8, 2023$4,941$46,450
Apr 8, 2022$4,629$42,770
Apr 8, 2021$4,303$39,860
Apr 8, 2020$2,819$37,210
Apr 8, 2019$2,735$37,210
Apr 8, 2018$2,735$37,470
Apr 8, 2017$2,743$36,670
Apr 8, 2016$2,728$36,670
Apr 8, 2015$2,728$36,670
Apr 8, 2014$2,926$38,600
Apr 8, 2013$3,055$40,200
Apr 8, 2012$2,830$40,200
Apr 8, 2011$2,672$40,200
Apr 8, 2010$2,916$40,850
Apr 8, 2009—$40,340
Apr 8, 2008—$49,500
Apr 8, 2007$3,356$48,620
Apr 8, 2006$3,249$44,580
Apr 8, 2005$3,035$41,760
Apr 8, 2004$2,819$40,460
Apr 8, 2003$2,666$37,270
Apr 8, 2002$2,665$34,420
Apr 8, 2001$2,633$34,010
Apr 8, 2000$2,446$31,960
Nearby homes
Neighborhood details
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Downtown
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61801618026180361874
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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