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Residential Land for Sale in Urbana, Illinois

1301 N Lincoln Ave, Urbana, IL 61801

$1,200,000
3.5 acres
Active
$300k drop
Est $8,602/mo

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!

Location

Street address
1301 N Lincoln Ave
Community
Urbana
School district
116
Elevation
738 feet
Coordinates
40.124, -88.2207

Directions

From University Ave, north on Lincoln, property will be on the left

Property details

Acreage
3.5 acres
Zoning
SINGL
MLS #
MRED 12213159
Posted

Property taxes

2023
$4,941

Parcels

  • 912107226014

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameTypeDistrict
Urbana Elementary SchoolElementary116
Urbana Middle SchoolMiddle116
Urbana High SchoolHigh116

Listing history

DateEventPriceChangeSource
Sept 24, 2025Price drop$1,200,000$300,000 -20%MRED
Nov 19, 2024New listing$1,500,000MRED
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This 3.5-acre property is located at 1301 N Lincoln Ave in Urbana, IL 61801. The property is available for sale for $1,200,000 with a price per acre of $342,857.

Checked 2 hours ago — Updated

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