1901 N Lincoln Avenue #311, Urbana, IL 61801

Urbana
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1901 N Lincoln Avenue #311,Urbana, IL 61801
$194,900
  • 4 Beds
  • 4 Baths
  • 1,547 sq. ft.
  • Condominium
  • Active
Listed by: j leman
Office: exp realty-champaign
MLS#:12652304
Source:MLSNI

Price summary

  • Price:$194,900
  • Price per sq. ft.:$125.99
  • Monthly HOA dues:$292

About this home

This spacious and well-kept condo features 4 bedrooms and 4 full baths, making it an excellent opportunity for investors. Currently fully occupied with rental income of $2,070 per month, increasing to $2,175 for the 2026-2027 school year. Community amenities include a 24-hour fitness center, 32-seat theater room, computer lab, and group study areas. Conveniently located near the University of Illinois Urbana-Champaign and situated along the MTD bus route. Monthly condo dues cover exterior maintenance, pool access, fitness center, theater, parking, and trash service. Strong occupancy history and professional management provide dependable income potential and steady cash flow

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Home facts

  • Year built:2005
  • Listing ID #:12652304
  • Updated:July 08, 2026 at 10:59 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:6
  • Kitchen Description:Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Living area:1,547 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:2005
  • Building area:1,547 sq. ft.

Schools

  • High school:Urbana High School
  • Middle school:Urbana Middle School
  • Elementary school:Martin Luther King Jr Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$194,900
  • Price per sq. ft.:$125.99
  • Tax amount:$6,244 (2024)

Features and amenities

  • Laundry features:Dryer, Washer
  • Pool features:Pool

Parking

  • Total parking spaces:4
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