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Price cut: $5,000
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Attached Single · Urbana, IL
$194,900$199,900
4 beds · 4 baths · 1,547 sqft
1901 N Lincoln Avenue #311, Urbana, IL, 61801
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central airIn-unit laundry
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
— the listing agent’s description

The home

4 beds
4 baths
1,547 sqft
Built in 2005
Lot CONDO
Attached Single

What it’ll cost

$126 / sqft
$6,244 taxes / yr
$292/mo HOA
Listed $199,900
Now $194,900
47 days on dwello

Estimated monthly payment

$1,905/mo
Principal & interest$1,036
Property taxes$520
Homeowners insurance$57
HOA dues$292
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
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47 days on dwello
Price history
Price reduced
Jul 5, 2026
↓ $5,000$194,900
Listed for sale
May 21, 2026
$199,900
Earlier records
Sold
Dec 2, 2024
$132,500
Now $5,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$6,244/yr
From county records — verify with the assessor.

Features

Central AirElectricHeat PumpVinyl SidingBrickPublic SewerYesOwned

Schools

Elementary — Martin Luther King Jr Elementary
Middle — Urbana Middle School
High — Urbana High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by J Leman · eXp Realty-Champaign
Listing last updated Jul 5, 2026 · data refreshed from the MLS Jul 5, 2026, 5:11 AM CT
Based on information submitted to the MLS GRID as of Jul 5, 2026, 5:11 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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