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Prime Land Near University
For Sale
$1,200,000

1301 N Lincoln Avenue, Urbana, IL 61801

Land, Urbana, IL

Property SizeContact for details
Lot Size3.12 Acres
Days on Market639

Property Features for 1301 N Lincoln Avenue

General Information

Property type Land
Property subtype Other
Zoning SINGL
Elementary school Urbana Elementary School
Middle school Urbana Middle School
High school Urbana High School
Elementary school district 116
Middle school district 116
High school district 116
Directions From University Ave, north on Lincoln, property will be on the left
Subdivision Urbana
Standard status Active
APN 912107226014
Lot size 3.12 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 4941

Utilities

Utilities Water Available
Listing Agency: KELLER WILLIAMS-TREC · Keller Williams Realty
Listed By: Scott Bechtel · License #471003745
Added: Nov 19, 2024 Changed: Aug 20 Last Checked: Aug 20 at 7:06PM
MLS# 12213159

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.

Investment Insights

Based on property information with market context.

This 3.12-acre parcel is positioned along one of the busiest roads in Champaign-Urbana, offering development opportunities near the University of Illinois. The location provides easy access to Interstate 74. Situated in an opportunity zone, this property offers visibility and convenience.

Key Highlights

  • Prime 3.12‑acre parcel at the gateway to the University of Illinois.
  • Located in an opportunity zone.
  • Unparalleled development opportunities.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Accounting Firm HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,647
Businesses Nearby

Demographics for 61801, IL

27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 3.12-acre parcel near the University of Illinois.
Where is this commercial land located?
The property is located at 1301 N Lincoln Avenue Urbana, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime 3.12‑acre parcel at the gateway to the University of Illinois.; Located in an opportunity zone.; Unparalleled development opportunities.
More about this property
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