1901 N Lincoln Avenue #311
Urbana, IL, 61801
$194,900
4 Beds
4 Baths
1,547 SqFt
0 Acres
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MLS #MRD12652304 image #0
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

Property Details

Price:
$194,900
MLS #:
MRD12652304
Status:
Active
Beds:
4
Baths:
4
Type:
Condo
Neighborhood:
urbana
Listed Date:
May 20, 2026
Finished Sq Ft:
1,547
Year Built:
2005
PoolUrbanaUrbanaMartin Luther King Jr ElementaryUrbana Middle SchoolUrbana High School

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Schools

School District:
116
Elementary School:
Martin Luther King Jr Elementary
Middle School:
Urbana Middle School
High School:
Urbana High School

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Heating
Electric, Heat Pump
Interior Features
Cathedral Ceiling(s)

Exterior

Association Amenities
Pool
Construction Materials
Vinyl Siding, Brick
Parking Features
Yes, Owned
Parking Spots
4
Parking Total
4
Roof
Asphalt

Financial

HOA Fee
$292
HOA Fee Frequency
Monthly
HOA Includes
Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Internet
Tax Year
2024
Taxes
$6,244

Map

Community

Market Summary

Current real estate data for Condo in Urbana as of Oct 07, 2026
9
Condo Listed
67
Avg DOM
124
Avg $ / SqFt
$141,344
Avg List Price

Property Summary

    1901 N Lincoln Avenue #311 Urbana IL is a Condo for sale in Urbana, IL, 61801. It is listed for $194,900 and features 4 beds, 4 baths, and has approximately 1,547 square feet of living space, and was originally constructed in 2005. The current price per square foot is $126. The average price per square foot for Condo listings in Urbana is $124. The average listing price for Condo in Urbana is $141,344.

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1901 N Lincoln Avenue #311
Urbana, IL