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.
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 is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. 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.
Is Fairlawn Park, IL a safe neighborhood?
Fairlawn Park, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Fairlawn Park?
The median home price in Fairlawn Park is $439,000. If you put a 20% down payment of $87,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K 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:
What are the best private schools in Fairlawn Park?
The best private schools that serve Fairlawn Park are:
What are the most popular zip codes in Fairlawn Park, Urbana, IL?
What are the most popular neighborhoods near Fairlawn Park, Urbana, IL?
Home Trends in Fairlawn Park, IL
On average, homes in Fairlawn Park, Urbana sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Fairlawn Park, Urbana over the last 12 months is $439,700, down 24% from the median home sale price over the previous 12 months.
Median Sale Price
$439,700
Median Single Family Sale Price
$464,500
Average Price Per Sq Ft
$653
Number of Homes for Sale
3
Last 12 months Home Sales
12
Median List Price
$439,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-24%