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Fairlawn Park Homes for Sale

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  • /17

    $123,000

    • 2 Beds
    • 1 Bath
    • 747 Sq Ft

    1201 S Lynn St, Urbana, IL 61801

    This inviting 2-bedroom, 1-bath home offers a cozy and functional layout in a quiet, friendly area of Urbana. Enjoy a bright living space, comfortable bedrooms, and a spacious deck overlooking a private backyard - perfect for relaxing or entertaining. Ideal for owner occupied, or investors. This property provides affordable living with convenient access to shopping, dining, parks, and local

    Wanli Zhang Trautman Real Estate Agency & Appraisal LLC

    1201 S Lynn St, Urbana, IL 61801
  • /17

    $135,000

    • 2 Beds
    • 1 Bath
    • 1,084 Sq Ft

    1311 Philo Rd, Urbana, IL 61802

    Charming & Move-In Ready! This well-maintained 2-bedroom, 1-bath home offers a versatile layout with two separate living areas, perfect for entertaining, relaxing, or creating a home office or play space. Enjoy peace of mind with new flooring throughout and a recently remodeled bathroom featuring modern finishes. The new water heater adds efficiency and reliability. An attached garage provides

    Dashaun Hits Trautman Real Estate Agency & Appraisal LLC

    1311 Philo Rd, Urbana, IL 61802

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 $145,000. If you put a 20% down payment of $29,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $30K a year to afford the median home price in Fairlawn Park. Learn how much home you can afford with our Home Affordability Calculator. 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?
The most popular zip codes in Fairlawn Park, Urbana, IL include 61801, 61802, 61820, 61821 and 61822.
What are the most popular neighborhoods near Fairlawn Park, Urbana, IL?
The most popular neighborhoods near Fairlawn Park, Urbana, IL are Historic East Urbana, Southeast Urbana, West Urbana, East Urbana and Stone Creek.
Are home prices dropping in Fairlawn Park?
Yes, home prices in Fairlawn Park are down 2% in the last 12 months.

Home Trends in Fairlawn Park, IL

Housing Trends

Median Sale Price
$144,000
Median Single Family Sale Price
$139,900
Median Townhouse Sale Price
$141,000
Average Price Per Sq Ft
$148
Number of Homes for Sale
1
Last 12 months Home Sales
36
Months of Supply
0.30
Median List Price
$145,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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