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1506 Lincolnwood Dr

Urbana, IL 61802

4 bd 1 ba 1,150 sqft Built 1973 Lot 6,970 sqft single_family
Most recent sale
$140,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $140,000 MLS #11391803
May 6, 2022 Listed $129,900 MLS #11391803
Aug 22, 2008 Sold $69,000 Public Record
May 24, 2004 Sold $99,000 Public Record
Oct 20, 1999 Sold $66,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $23,520 $14,010 $37,530 $3,658
2023 $22,230 $13,240 $35,470 $3,442
2022 $18,670 $11,120 $29,790 $3,224
2021 $17,400 $10,360 $27,760 $2,996
2020 $15,930 $9,490 $25,420 $2,734
2019 $15,930 $9,490 $25,420 $2,656
2018 $16,040 $9,560 $25,600 $2,644
2017 $15,700 $9,360 $25,060 $2,678
2016 $16,530 $9,850 $26,380 $2,803
2015 $16,530 $9,850 $26,380 $2,834
2014 $17,400 $10,370 $27,770 $2,943
2013 $18,320 $10,920 $29,240 $2,431
2012 $20,470 $10,180 $30,650 $2,871
2011 $20,470 $10,180 $30,650 $2,818
2010 $12,810 $10,790 $23,600 $2,004
2009 $12,810 $10,790 $23,600 $1,968
2008 $12,650 $10,650 $23,300 $1,463
2006 $20,680 $10,190 $30,870 $2,133
2005 $22,740 $6,550 $29,290 $2,017

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,150 sqft
Lot size
6,970 sqft
ZIP code
61802
City
Urbana
Street
Lincolnwood Dr
Coordinates
40.10035, -88.18528

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1506 Lincolnwood Dr last sell?
1506 Lincolnwood Dr most recently sold on Jun 21, 2022 for $140,000.
What is the current tax assessment for 1506 Lincolnwood Dr?
The most recent total assessment for 1506 Lincolnwood Dr (year 2024) is $37,530 with $3,658 in property tax.
How does 1506 Lincolnwood Dr's assessment compare to its last sale price?
The current assessment is 73.2% below the last sale price of $140,000.
When was 1506 Lincolnwood Dr built?
1506 Lincolnwood Dr was built in 1973.
How does 1506 Lincolnwood Dr compare to others on Lincolnwood Dr?
We track 8 other properties on Lincolnwood Dr. Browse the list under "Other properties on Lincolnwood Dr" to compare beds, baths, and sale history.
What are the property facts for 1506 Lincolnwood Dr?
1506 Lincolnwood Dr is a 4 bed, 1 bath, 1,150 sqft, 6,970 sqft lot single_family.
Is 1506 Lincolnwood Dr a flip candidate?
No — 1506 Lincolnwood Dr does not appear in our flips dataset.
Is 1506 Lincolnwood Dr a tax-appeal candidate?
No — 1506 Lincolnwood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast

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