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$125,000
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Property Description
Charming 2-bedroom, 1-bath condo combining old charm with modern style! Features beautiful parquet floors, crown molding, and a bright kitchen with updated cabinets and plenty of space. Enjoy added convenience with secure storage in the basement and a detached 1-car garage. Recently upgraded with a new $10K heat pump, compatible with the HOA's upcoming transition to individual heating and cooling systems. Fantastic location near the U of I campus, bus lines, downtown Urbana, and local parks-easy living in the heart of it all!
Full Property Details
Full Property Details for 1506 S Race St #1
General
- Sold For: $125,000
- HOA FEE: $416/month
- Taxes: $2,916 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12530389
- Added to Site: 44 day(s) ago
Interior
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Urbana
- County: Champaign
- Driving Directions: From Florida Avenue in Urbana, IL, turn south onto Race Street; 1506 S Race St will be on your right
School Information
- School District: 116
- Midd School District: 116
- Elementary School: Urbana Elementary School
- Middle School: Urbana Middle School
- High School: Urbana High School
- Private School: Urbana High School
Community
- Assoc. Fees Include: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: Board
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Steam
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 782
- Sq. Ft. Source: Plans
- Year Built: 1942
- Built Before 1978: Yes
Unit Information
- Units in Building: 6
Lot Features
- Lot Dimensions: CONDO
Financial Considerations
- Association Fee: $416
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1942
- Tax Amount: $2,916.32
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Property ID: 932117453007
Listed by Keller Williams-Trec
Sold by Keller Williams-Trec
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Schools
Schools serving 1506 S Race St #1
School District:Urbana School District 116
| Name | Grades | Distance |
|---|---|---|
Leal Elementary School 312 West Oregon Street, Urbana, IL 61801 | K-5 | 0.6 mi |
Urbana Middle School 1201 South Vine Street, Urbana, IL 61801 | 6-8 | 0.3 mi |
Urbana High School 1002 South Race Street, Urbana, IL 61801 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1506 S Race St #1
Date
Details
Price
Change
Source
12/30/2025
Sold
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1506 S Race Street #1, Urbana, IL 61801 (MLS# 12530389) is a Condo property that was sold at $125,000 on December 30, 2025. Want to learn more about 1506 S Race Street #1? Do you have questions about finding other Condo real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.
