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$199,900 Just Listed
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Property 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
Full Property Details
Full Property Details for 1901 N Lincoln Ave #311
General
- Price: $199,900
- HOA FEE: $292/month
- Taxes: $6,243 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12652304
- Updated: 5/21/2026
- Added to Site: 6 day(s) ago
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s)
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Pool
- Other Features: Commuter Bus
Parking
- Total Spaces: 4
- Parking Features: Yes, Owned
Location
- Area: Urbana
- County: Champaign
- Township: Cunningham
- Driving Directions: N on Lincoln Ave, Turn left on Capstone Quarters
School Information
- School District: 116
- Elem School District: 116
- Midd School District: 116
- High School District: 116
- Elementary School: Martin Luther King Jr Elementary
- Middle School: Urbana Middle School
- High School: Urbana High School
- Private School: Urbana High School
Community
- Assoc. Fees Include: Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Internet
- Mgmt. Company: Ramshaw
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: None
- Roof: Asphalt
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 1,547
- Sq. Ft. Source: Other
- Year Built: 2005
Unit Information
- Units in Building: 208
Lot Features
- Lot Dimensions: CONDO
Financial Considerations
- Association Fee: $292
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2005
- Tax Amount: $6,243.58
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 912106477043
Listed by eXp Realty-Champaign
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Schools
Schools serving 1901 N Lincoln Ave #311
School District:Urbana School District 116
| Name | Grades | Distance |
|---|---|---|
M L King Jr Elementary School 1108 Fairview Avenue, Urbana, IL 61801 | K-5 | 0.6 mi |
Urbana Middle School 1201 South Vine Street, Urbana, IL 61801 | 6-8 | 1.9 mi |
Urbana High School 1002 South Race Street, Urbana, IL 61801 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1901 N Lincoln Ave #311
Date
Details
Price
Change
Source
5/20/2026
Listed
$199,900
35.07%
MLS
1/19/2018
Sold
$148,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1901 N Lincoln Ave #311
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,984
—
$67,740
6%
2024
$5,984
7%
$64,020
10%
2023
$5,575
8%
$58,410
9%
2022
$5,172
-4%
$53,780
7%
2021
$5,410
18%
$50,120
3%
2020
$4,589
-10%
$48,660
—
2019
$5,085
50%
$48,660
26%
2018
$3,380
-3%
$38,720
—
2017
$3,497
1%
$38,720
—
2016
$3,478
-1%
$38,720
—
2015
$3,516
1%
$38,720
—
2014
$3,469
1%
$38,720
—
2013
$3,423
12%
$38,720
—
2012
$3,066
—
$38,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1901 N Lincoln Ave #311
1901 N Lincoln Avenue #311, Urbana, IL 61801 (MLS# 12652304) is a Condo property with 4 bedrooms and 4 full bathrooms. 1901 N Lincoln Avenue #311 is currently listed for $199,900 and was received on May 20, 2026. Want to learn more about 1901 N Lincoln Avenue #311? 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.
