Listing provided courtesy of eXp Realty-ChampaignMREDas Distributed by MLSGrid- MLS# 12652304MLS Provider

1901 N Lincoln Avenue #311Urbana, IL 61801

Condo/Townhouse · 4 Beds · 4 Full Baths · 1,547 Sq. ft.
$194,900 Price Change

1901 N Lincoln Avenue #311 Overview

Time on Site:
40 days
Visits:
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

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1901 N Lincoln Avenue #311 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,547
  • Price/Sq.ft. $126

Details

General

Association/HOA

  • Association Amenities: Pool
  • Association Fee: $292.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Internet

School Information

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

Building Information

  • New Construction: No
  • Year Built: 2005

Location/Region

  • County Or Parish: Champaign
  • MLS Area Major: Urbana
  • Township: Cunningham

Rent/Lease Information

  • Lease Expiration: 2027-07-31

Tax Information

  • Tax Annual Amount: $6,243.58
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 912106477043
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 1547
  • Basement SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 1547
  • Unfinished Basement SqFt.: 0
  • Unfinished Lower SqFt.: 0
  • Upper SqFt.: 0

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Bedrooms Possible: 4

Building Interior

  • Below Grade Finished Area: 0

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Interior Features: Cathedral Ceiling(s)
  • Living Area: 1547
  • Living Area Source: Other
  • Rooms Total: 6
  • Stories Total: 3

Unit Information

  • Unit Number: 311

Exterior

Parking Information

  • Parking Features: Yes, Owned
  • Parking Total: 4

Lot Information

  • Lot Size Dimensions: CONDO
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Brick
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 12X10

Room: Bedroom 3

  • Level: Main
  • Dimensions: 12X10

Room: Bedroom 4

  • Level: Main
  • Dimensions: 12X11

Room: Kitchen

  • Level: Main
  • Dimensions: 8X8

Room: Living Room

  • Level: Main
  • Dimensions: 16X16

Room: Master Bedroom

  • Level: Main
  • Dimensions: 14X10

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Dining Room

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

1901 N Lincoln Avenue #311 Neighborhood

Community

61801 (Urbana) Demographics

24
Median Age
5,741
Population Density (per sq. mile)
70%
College Educated
$32,569
Estimated Median Income
3,672
Estimated Total Home Owners
8,386
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1901 N Lincoln Avenue #311 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1901 N Lincoln Avenue #311 Market Data

Based on the last 30 days in this zip code

$287,869
Average List Price
$161
Average Price per Square Foot
9
Properties Sold
44
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

1901 N Lincoln Avenue #311 History

Date Event Value Agent
6/29/2026Source: MRED Price Reduction
$194,900 -2.5%
6/29/2026Source: MRED Status Change
Price Change
5/26/2026Source: MRED Status Change
Active
5/21/2026Source: MRED Added to Database
May 21, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022