About This Home

This 4-bedroom, 4-bathroom condo at 1901 N Lincoln Avenue #311 in Urbana, IL is listed for $194,900 ($126 per sqft). Built in 2005, the home offers 1,547 sqft of living space on a N/A lot.

Key Features

  • Built in 2005
  • 3 stories
  • 4 parking spaces

Property Details

3 stories
4 full
4 spaces
#311
2005

Amenities

A/C
Listing Description

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

Monthly Cost Estimate

$1,334/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57
HOA$292

Estimates only. Actual payments may vary.

Location

1901 N Lincoln Avenue #311

Urbana, IL 61801

Features & Amenities

Interior Features

Cathedral Ceiling(s)

Property Details

Flooring

VinylCarpet

Construction

Vinyl Siding Brick

Parking

Owned

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central Air

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposal

Questions & Answers

This 4-bedroom, 4-bathroom condo at 1901 N Lincoln Avenue is listed at $194,900 ($126/sqft). The estimated monthly payment is $1,335 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $292/month.

Key features include: Built in 2005, 3 stories, 4 parking spaces. Interior Features: Cathedral Ceiling(s).

This property is listed by J Leman.

JL

J Leman

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (888) 574-9405 · View on Broker Site · Broker website

MLS# 12652304· Source: Midwest Real Estate Data, LLC· 164 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1901 N Lincoln Avenue #311, Urbana, IL 61801

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