102 Lincoln & 101 Busey

102 N Lincoln Ave, Urbana, IL 61801

  • For Sale $1,000,000
  • 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.
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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

Contacts

broker
Jordan Dunahee

Ramshaw Real Estate

Location

Getting Around

  • Walk Score ®

    84/100 Very Walkable

  • Transit Score ®

    65/100 Good Transit

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • Einstein Bros. Bagels

    0.27 miles

  • DQ Grill & Chill

    0.27 miles

  • La Paloma

    0.28 miles

  • Taco Bell

    0.29 miles

  • Hot Wok Express

    0.36 miles

  • Juanito's Tacos

    0.36 miles

  • Burger King

    0.38 miles

  • Kofusion

    0.41 miles

  • Dubai Grill

    0.41 miles

  • Bab Plus

    0.41 miles

  • Thornburn School

    0.27 miles

  • University of Illinois Laboratory High School

    0.31 miles

  • Leal Elementary School

    0.52 miles

  • Technology Plaza

    0.58 miles

  • ML King Jr Elementary School

    0.65 miles

  • Willard School

    0.78 miles

  • Urbana High School

    0.83 miles

  • Marquette School

    0.84 miles

  • University of Illinois Urbana-Champaign

    0.85 miles

  • Urbana Middle School / Urbana High School

    0.89 miles

  • Cooperative Nursery School

    0.23 miles

  • The Caring Place

    0.33 miles

  • FIRST Kids

    0.65 miles

  • Don Moyer Boys & Girls Club

    0.99 miles

  • Little Hearts and Hands, Inc.

    2.57 miles

  • Next Generation Preschool

    3.18 miles

  • Next Generation Early Education

    3.19 miles

  • La Petite Academy

    3.26 miles

Frequently Asked Questions

How much does 102 Lincoln & 101 Busey cost?

The space currently listed for sale at 102 Lincoln & 101 Busey asks for $1,000,000.

What is the total square footage of 102 Lincoln & 101 Busey?

102 Lincoln & 101 Busey totals 14,000 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Jordan Dunahee

Ramshaw Real Estate

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