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King Park Homes for Sale

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  • /2

    $125,000

    • 3 Beds
    • 1 Bath
    • 864 Sq Ft

    1206 N Lincoln Ave, Urbana, IL 61801

    Investment opportunity in a prime location near campus, offering immediate and stable cash flow. This property features a new roof and full exterior repaint in 2021. Currently leased through July 2027, this home provides reliable rental income from day one. A strong option for buyers searching for a turnkey investment property, rental near campus, or long-term income-producing real estate with

    Nick Ward JOEL WARD HOMES, INC

    1206 N Lincoln Ave, Urbana, IL 61801
  • /27

    $200,000

    • 4 Beds
    • 4 Baths
    • 1,540 Sq Ft

    1905 N Lincoln Ave Unit 327, Urbana, IL 61801

    One of the best options at Capstone Quarters, close to the front next to all amenities. Facing East and South. Furnished unit with all appliances. Each bedroom has its own private bathroom. Included is the use of the clubhouse, 24 hour fitness center, 32 seat movie theater , 24 hour computer lab, group study and game rooms w/a resort style swimming pool. It is located 1 mile from the University

    Hazem Jaber Coldwell Banker R.E. Group

    1905 N Lincoln Ave Unit 327, Urbana, IL 61801
  • /2

    $475,000

    • Land
    • 1.06 Acres
    • $448,113 per Acre

    905 W Killarney St, Urbana, IL 61801

    Positioned just off Interstate 74 in the thriving community of Urbana, this prime commercial parcel offers exceptional visibility, accessibility, and limitless potential. Zoned B-3 General Business, the property is ideally suited for a wide range of high-impact uses (see attached City of Urbana Zoning District Description Sheet). With strong traffic counts and easy interstate access, this

    Scott Bechtel KELLER WILLIAMS-TREC

    905 W Killarney St, Urbana, IL 61801
  • /15

    $199,000

    • 4 Beds
    • 4 Baths
    • 1,547 Sq Ft

    Unlisted Address

    This well maintained condo offers 4 bedrooms with 4 full bathrooms. Residents have access to 24 hr fitness center, 32 seat theater, 24 hr computer lab, group study rooms. Close to U of I, on MTD busline. Condo due includes exterior maintains, pool, gym, movie theater, parking and trash. New vinyl flooring in the kitchen and living room. New microwave and new dishwasher.

    Sherry Qiang KELLER WILLIAMS-TREC

    Unlisted Address
  • /12

    $1,200,000

    • Land
    • 3.5 Acres
    • $342,857 per Acre

    1301 N Lincoln Ave, Urbana, IL 61801

    Discover the potential at the gateway to the University of Illinois! This expansive 3.5-acre parcel offers unparalleled development opportunities along one of the busiest roads in Champaign-Urbana. Perfectly positioned in an opportunity zone, this prime location boasts easy access to Interstate 74, enhancing its appeal for various developments. Seize the chance to invest in a thriving area with

    Scott Bechtel KELLER WILLIAMS-TREC

    1301 N Lincoln Ave, Urbana, IL 61801

Why Live in King Park

King Park in Urbana is a laid-back residential neighborhood just north of the University of Illinois Urbana-Champaign. It features a mix of early to mid-20th-century ranch and bungalow homes, along with some newer properties from around 2006. Condos in the Capstone Quarters complex offer contemporary styles. The neighborhood is popular among grad students and traveling nurses due to its proximity to Carle Hospital. King Park itself is an 8-acre space with a sculpture by Preston Jackson, while nearby Douglass Park offers additional recreational amenities. The area is safer than the national average. Local businesses include a Dollar General on North Lincoln Avenue, and nearby Campustown provides convenient shopping and dining options such as Target, County Market, Signature Grill, and Four Breakfast & More. King Park residents are about 2 miles from both Champaign and Urbana centers and 1 mile from the U of I campus. The neighborhood is served by Urbana School District #116, with Urbana High School offering a variety of extracurricular activities and Advanced Placement courses. For entertainment, residents can visit the Canopy Club, the Rose Bowl, and various local bars. The Champaign County Fairgrounds host the annual county fair. Major roads include University Avenue/US Route 150 and Interstate 74, and the University of Illinois Willard Airport is 8 miles away. Potential buyers should be aware of possible flood-prone areas and verify property compliance with local building codes.

Frequently Asked Questions

Is King Park a good place to live?
King Park is a good place to live. King Park is considered somewhat walkable and very bikeable with some transit options. King Park has 3 parks for recreational activities. It has a median age of 29. The average household income is $33,563 which is below the national average. College graduates make up 59.9% of residents. A majority of residents in King Park are renters, with 78.2% of residents renting and 21.8% of residents owning their home. A local real estate agent serving King Park can help you decide if this neighborhood is the right one for you. Learn more on our King Park neighborhood guide.
Is King Park, IL a safe neighborhood?
King Park, IL is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in King Park?
The median home price in King Park is $140,000. If you put a 20% down payment of $28,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $700 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 King Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in King Park is $34K.
What are the best public schools in King Park?
The best public schools that serve King Park are:
What are the best private schools in King Park?
The best private schools that serve King Park are:
What are the most popular zip codes in King Park, Urbana, IL?
The most popular zip codes in King Park, Urbana, IL include 61801, 61820, 61822, 61802 and 61821.
What are the most popular neighborhoods near King Park, Urbana, IL?
The most popular neighborhoods near King Park, Urbana, IL are West Urbana, Downtown Champaign, East Urbana, Historic East Urbana and Clark.
Are home prices dropping in King Park?
Yes, home prices in King Park are down 1% in the last 12 months.

Home Trends in King Park, IL

Housing Trends

Median Sale Price
$142,000
Median Single Family Sale Price
$125,000
Median 2 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$126
Number of Homes for Sale
3
Last 12 months Home Sales
41
Months of Supply
0.90
Median List Price
$140,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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