102 Lincoln & 101 Busey

For Sale

102 N Lincoln Ave, Urbana, IL 61801

This Urbana property for sale is located at 102 N Lincoln Ave. The current listed sale price for 102 Lincoln & 101 Busey is $1,000,000. 102 Lincoln & 101 Busey is situated on a lot that is 0.32 acre in size.

Contacts

broker
Jordan Dunahee

Ramshaw Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 14,000 SF
  • Units 16
  • Lot Size 0.32 Acre
  • Date Updated Feb 4, 2025
Embrace the dynamic environment surrounding the property in Urbana, IL, an ideal location for student housing investors. This vibrant area is home to the renowned University of Illinois at Urbana-Champaign, making it an attractive option for students seeking off-campus accommodations. The nearby Krannert Art Museum, Spurlock Museum, and Japan House offer enriching cultural experiences, while Crystal Lake Park and Meadowbrook Park provide recreational opportunities. Main Street's dining and entertainment options ensure convenience and enjoyment for student residents. With its proximity to academic institutions, cultural attractions, and local amenities, Urbana presents an appealing opportunity for investors looking to provide quality housing options for the student population.Student housing investment opportunity in close proximity to the science and engineering campuses at the University of Illinois in Urbana-Champaign. This parcel has 2 separate but symmetrical, two story buildings that each have (8) two bedroom units totaling 32 bedrooms. It is currently 100% leased for the 2024-25 lease year and boasts a strong rental history. This prime location that runs along an alley and is adjacent to Lincoln Ave provides a great opportunity for development as well.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Prime Location On the University of Illinois Campus
  • 100% Occupancy Rate for the 2024-25 Lease Year
  • Well Maintained Property
  • Off Street Parking Available for Building Tenants

Attachments

Getting around

  • 84/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 81/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Urbana, IL
  • Neighborhood Urbana
  • Zip Code 61801

Points of Interest

  • Champaign-Urbana

    1.20 miles

  • Circle K

    0.10 miles

  • ChargePoint

    0.38 miles

  • Marathon

    0.80 miles

  • BP

    1.90 miles

  • Tesla Supercharger

    3.19 miles

  • D1

    0.26 miles

  • B2

    0.30 miles

  • B6

    0.30 miles

  • D14

    0.31 miles

  • B1

    0.32 miles

  • B22

    0.33 miles

  • D22

    0.35 miles

  • D5

    0.35 miles

  • B-3

    0.38 miles

  • North Campus Parking Garage

    0.39 miles

  • Sylvia's Irish Inn - Bed & Breakfast Accommodation | B&B Room | Motel in Urbana, IL

    0.40 miles

  • America's Best Inn

    0.43 miles

  • Hampton

    0.45 miles

  • Urbana Landmark Hotel

    0.59 miles

  • TownePlace Suites

    0.65 miles

  • Manor Motel

    1.23 miles

  • Howard Johnson by Wyndham

    1.28 miles

  • Comfort Suites

    1.30 miles

  • Hyatt Place

    1.38 miles

  • Best Western University Inn

    1.42 miles

  • World Harvest

    0.40 miles

  • Target

    0.61 miles

  • Lincoln Square

    0.63 miles

  • World Harvest Foods

    0.67 miles

  • Common Ground

    0.68 miles

  • Far East Grocery

    0.75 miles

  • County Market

    0.80 miles

  • Schnucks

    0.85 miles

  • AM-KO Oriental Foods and Gifts

    1.04 miles

  • El Progresso

    1.34 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jordan Dunahee

Ramshaw Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.