1204 South Lincoln Avenue
1204 South Lincoln Avenue
$1,200,000
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Description
This building is beautiful and is exploding with charm. Built in 1918, this property was designed as a fraternity house but has so much potential to be used for other purposes. It is zoned R-7 University Residential Zoning District, which permits a boarding or rooming house, dormitory dwelling, community living facility, multiple-unit common-lot-line, church, temple, business mixed-use planned unit development, bed and breakfast (owner occupied), and more! This well maintained 3-story, 65 bed property...This building is beautiful and is exploding with charm. Built in 1918, this property was designed as a fraternity house but has so much potential to be used for other purposes. It is zoned R-7 University Residential Zoning District, which permits a boarding or rooming house, dormitory dwelling, community living facility, multiple-unit common-lot-line, church, temple, business mixed-use planned unit development, bed and breakfast (owner occupied), and more! This well maintained 3-story, 65 bed property is perfectly located in an opportunity zone and includes 17,255 SF and features 15 bedrooms on the 2nd floor and 9 on the 3rd floor with dorm style bathrooms. The main floor includes a living room, sun room/courtroom, tv room, dining room, and a commercial kitchen that has the prep ability for 100-300 people. The basement includes a laundry room, and storage. This property is in a prime location near campus with close proximity to shopping and restaurants. Don't miss this opportunity!
- Listed by Shannon Collins • Green Street Realty
Property Details for 1204 South Lincoln Avenue
Area
Urbana
TownshipCunningham
ZoningMULTI
Location
LISTING UPDATED: 04/03/2024 01:50 AM
Property Details for 1204 South Lincoln Avenue
Status | Active |
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MLS # | 11729262 |
Days on Market | 437 |
Taxes | $41,526 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1918 |
Lot Size | 0.43 AC / 18,900 SF |
County | Champaign County |
Location
Building Information for 1204 South Lincoln Avenue
Stories-Residences1Year Built1918Building Size-Lot Size0.43 AC / 18,900 SF
Payment Calculator
$10,009 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1204 South Lincoln Avenue
Property History for 1204 South Lincoln Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1204 South Lincoln Avenue
Taxable ValueLand$52,880Additions$350,810Total$403,690
Tax Record2022$43,695 ($3,641 / month)
Home Facts
StyleMulti-Family Res (5+ Units)CountyCHAMPAIGNAPN932117304001
Schools near 1204 South Lincoln Avenue
This home is within Urbana School District 116.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Leal Elementary School PublicK to 5 | ||
Urbana Middle School Public6 to 8 | ||
Urbana High School Public9 to 12 | ||
Urbana Gerber School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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