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Explore Similar Apartments Within 2 Miles of Fairlawn Park, IL

  • /12

    $304,900

    604 W Main St, Urbana, IL 61801

    Located right between the West edge of the University of Illinois and Downtown Urbana. This is a 6 Unit apartment building including four 1-bedroom units and two efficiency apartments. Each apartment has separate electric meters (updated 2010). All units have their own kitchen and individual private bathrooms. Large open apartments with easy access to the University of Illinois, Downtown

    Tim Hoss RE/MAX Choice

    604 W Main St, Urbana, IL 61801
  • /36

    $139,000

    • 3 Beds
    • 2 Baths

    401 S Maple St, Urbana, IL 61801

    Investment Opportunity in the heart of Urbana - Fully Rented Duplex. Situated in a desirable Urbana neighborhood, this property offers proximity to local amenities and the University of Illinois campus. With both units occupied, it offers immediate rental income and long-term potential. Don't miss your chance to invest in Urbana's rental market. Contact your real estate professional today to

    Nate Evans eXp Realty-Mahomet

    401 S Maple St, Urbana, IL 61801
  • /20

    $449,000

    • 14 Beds
    • 3 Baths

    806 W Ohio St, Urbana, IL 61801

    Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric

    Philip Fiscella Abe Lincoln Realty

    806 W Ohio St, Urbana, IL 61801
  • /5

    $950,000 Pre-Foreclosure

    2017 Philo Rd, Urbana, IL 61802

    This 24-unit apartment building in Urbana, Illinois, offers a rare and highly sought-after opportunity for investors seeking a true value-add project. All units are currently vacant and in need of renovation, presenting significant upside through capital improvements and repositioning. Each unit is a 1-bedroom, 1-bath layout similar to stabilized properties nearby, with market rents ranging

    Nate Evans eXp Realty-Mahomet

    2017 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.

Home Trends in Fairlawn Park, IL

Housing Trends

Median Sale Price
$150,000
Median Single Family Sale Price
$149,900
Average Price Per Sq Ft
$155
Number of Homes for Sale
4
Last 12 months Home Sales
33
Months of Supply
1.50
Median List Price
$147,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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