Listing provided courtesy of Green Street RealtyMREDas Distributed by MLSGrid- MLS# 12573177
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Request Info1501 N Lincoln AvenueUrbana, IL 61801
Commercial$17
Active
1501 N Lincoln Avenue Overview
- Time on Site:
- 117 days
- Visits:
- 0
Positioned on a busy corridor in Urbana, this standout location offers quick connectivity to Interstate 74 and strong visibility from both North Lincoln Avenue and West Bradley Avenue. With three separate driveways, the property allows for smooth entry and exit, accommodating both customer traffic and service vehicles with ease. Just minutes from the University of Illinois Urbana-Champaign, the surrounding area is densely populated with student residences and multifamily communities on both sides, creating a steady flow of activity. The site includes a standalone 4, 100-square-foot commercial building situated on a signalized corner, complete with 10 fueling stations and accessible restroom facilities. Zoned B-3 (General Business), the property supports a wide range of retail and commercial uses.
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1501 N Lincoln Avenue Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
Building Information
- Year Built: 2005
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Champaign
- MLS Area Major: Urbana
Rent/Lease Information
- Tenant Pays: Insurance, All Utilities, Trash Collection
Tax Information
- Tax Annual Amount: $49,672.72
- Tax Year: 2024
General Information
- Property Sub Type: Retail
- Property Type: Commercial Lease
- Zoning: RTAIL
Interior
General Information
- Cooling: Central Air
- Electric: Over 600 Amps, Power - 120V, Three Phase
- Leasable Area: 4107
- Stories: 1
Unit Information
- Unit SqFt.: 4107
Exterior
Lot Information
- Frontage Type: City Street
- Lot Size Dimensions: 254.41x133.02x119.76x291.94x212.86x55.06
- Lot Size Square Feet: 73287
General Information
- Number Of Units Total: 1
1501 N Lincoln Avenue Neighborhood
Community
61801 (Urbana) Demographics
24
Median Age
5,741
Population Density (per sq. mile)
70%
College Educated
$32,569
Estimated Median Income
3,672
Estimated Total Home Owners
8,386
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1501 N Lincoln Avenue Market Data
Based on the last 30 days in this zip code
$287,869
Average List Price
$161
Average Price per Square Foot
9
Properties Sold
44
Average Days on Market
71
Properties for Sale
1501 N Lincoln Avenue History
| Date | Value | Agent |
|---|---|---|
| 3/10/2026Source: MRED | Active |
|
| 3/5/2026Source: MRED | March 05, 2026 |