Fairlawn Park Homes for Sale

/33
$138,000 Open House 9/14
- 2 Beds
- 1 Bath
- 747 Sq Ft
902 E Florida Ave, Urbana, IL 61801

Charming bungalow on a spacious corner lot! This adorable home features a brand-new kitchen, updated bathroom, and fresh paint throughout. Enjoy the warmth of wood laminate floors, updated windows, and a roof that's only 3 years old. A garden shed adds extra storage for all your outdoor needs. Move-in ready and full of character!

Carol Meinhart The Real Estate Group,Inc

902 E Florida Ave, Urbana, IL 61801
Explore Fairlawn Park
/28
$149,900
- 2 Beds
- 1 Bath
- 764 Sq Ft
1009 E Michigan Ave, Urbana, IL 61801

Urbana Charmer - Steps from UIUC! Beautifully updated 2-bedroom, 1-bath home on a corner lot with sunroom/breezeway to a 1+ car garage. Fresh flooring, paint, kitchen, appliances, lighting, and electrical make it move-in ready. Major updates include roof (2015), central A/C (2019), and hot water heater (2024). Incredible location near campus, dining, and shopping - this one won't last!

Dan Gordon RE/MAX REALTY ASSOCIATES-CHA

1009 E Michigan Ave, Urbana, IL 61801
/35
$114,900
- 2 Beds
- 1.5 Baths
- 1,137 Sq Ft
1008 E Florida Ave, Urbana, IL 61801

Investment opportunity in the heart of Urbana! Located just minutes from the University of Illinois, 1008 E Florida Ave is a 2 bedroom, 1.5 bath home with a 2-car garage and a fully fenced backyard. This property is currently tenant-occupied through July 31, 2026, with a strong rental income of $1,350/month. Tenants are responsible for all utilities and lawn care, making this a truly hands-off

Nate Evans eXp Realty-Mahomet

1008 E Florida Ave, Urbana, IL 61801
/19
$219,900 Open House 9/14
- 5 Beds
- 2.5 Baths
- 1,580 Sq Ft
504 E Florida Ave, Urbana, IL 61801

Prime Location Near UI & Blair Park - Versatile 5-Bedroom Home Just a short walk to Blair Park and the University of Illinois, this spacious 5-bedroom, 2.5-bath home offers flexibility for a variety of lifestyles-perfect for UI students or professionals, families of all sizes, multi-generational living, or investors. Designed with a functional split-bedroom layout, the home features three

Carol Meinhart The Real Estate Group,Inc

504 E Florida Ave, Urbana, IL 61801
/31
$145,000
- 3 Beds
- 1 Bath
- 1,023 Sq Ft
1007 E Michigan Ave, Urbana, IL 61801

Discover instant income potential in this 3 bedroom, 1 bath ranch home peacefully nestled in Urbana's Fairlawn Park neighborhood. The spacious living room features neutral tones and great natural light while the galley kitchen offers plenty of cabinet and counter space. The back dining room provides fantastic entertaining space plus access to the backyard. Down the hall, three large bedrooms with

Ryan Dallas RYAN DALLAS REAL ESTATE

1007 E Michigan Ave, Urbana, IL 61801

Illinois Champaign County Urbana Fairlawn Park

Why Live in Fairlawn Park

Fairlawn Park in Urbana is characterized by its mid-century architecture and central location, making it appealing to a diverse range of residents, including students, graduates, and families. The neighborhood features primarily 1950s ranch-style homes, many of which have been updated or remodeled. There are also a few duplex units and single-family homes in other traditional styles. Fairlawn Park is part of Urbana School District 116, with Urbana High School earning a high rating and offering a celebrated band program. The neighborhood is conveniently located 1 mile south of Downtown Urbana, 3 miles east of Downtown Champaign, and 1 mile east of the University of Illinois Urbana-Champaign campus. Local shopping and dining options include Family Dollar, Walgreens, Dollar Tree, and the Christian thrift store Salt & Light. Nearby grocery stores like Meijer and Schnucks are about 1 mile away. Dining options range from traditional Mexican fare at Huaraches Moroleon to fast food like McDonald’s and Papa John’s. Recreational opportunities abound with Blair Park, Carle Park, Victory Park, Prairie Park, Lohmann Park, and Crestview Park all within close proximity. The neighborhood is well-connected through major roads and MTD bus stops, with Carle Foundation Hospital 2 miles northwest and University of Illinois Willard Airport 8 miles southwest. Local events include the Boneyard Arts Festival, Pygmalion Music Festival, and Fighting Illini home games.

Learn more about living in Fairlawn Park

Frequently Asked Questions

Is Fairlawn Park a good place to live?

Fairlawn Park is a good place to live. Fairlawn Park is considered somewhat walkable and very bikeable with some transit options. Fairlawn Park has 3 parks for recreational activities. It has a median age of 35. The average household income is $64,614 which is below the national average. College graduates make up 69.1% of residents. A majority of residents in Fairlawn Park are renters, with 56.5% of residents renting and 43.5% of residents owning their home. A local real estate agent serving Fairlawn Park can help you decide if this neighborhood is the right one for you. Learn more on our Fairlawn Park neighborhood guide.

How much do you need to make to afford a house in Fairlawn Park?

The median home price in Fairlawn Park is $145,000. If you put a 20% down payment of $29,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $730 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $31K a year to afford the median home price in Fairlawn Park. The average household income in Fairlawn Park is $65K.

What are the best public schools in Fairlawn Park?

The best public schools that serve Fairlawn Park are:

Urbana High School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 3.6.
Leal Elementary School has a B- Niche grade and a student teacher ratio of 16:1.
Dr. Preston L. Williams Jr. Elementary School has a C Niche grade and a student teacher ratio of 18:1.

What are the best private schools in Fairlawn Park?

The best private schools that serve Fairlawn Park are:

Calvary Baptist Christian Academy has a student teacher ratio of 10:1 and an average review score of 4.5.
Canaan Academy has a student teacher ratio of 8:1.
Campus Middle School for Girls has a student teacher ratio of 4:1.

What are the most popular zip codes in Fairlawn Park, Urbana, IL?

The most popular zip codes in Fairlawn Park, Urbana, IL include 61801, 61802, 61820, 61821 and 61874.

What are the most popular neighborhoods near Fairlawn Park, Urbana, IL?

The most popular neighborhoods near Fairlawn Park, Urbana, IL are Historic East Urbana, West Urbana, Southeast Urbana, East Urbana and Stone Creek.

Home Trends in Fairlawn Park, IL

On average, homes in Fairlawn Park, Urbana sell after 15 days on the market compared to the national average of 52 days. The median sale price for homes in Fairlawn Park, Urbana over the last 12 months is $150,000, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$150,000

Median Single Family Sale Price

$149,900

Average Price Per Sq Ft

$153

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.10

Median List Price

$145,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

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