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1901 N Lincoln Avenue , Unit 311, Urbana, IL 61801

$199,900
  • 1901 N Lincoln Avenue , Unit 311, Urbana, IL 61801 Main Photo

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New to the Market New
BEDS4 BATHS4 full SQUARE FEET1,547 MLS#12652304
STATUSNew PROPERTY TYPEResidential - Condominium SCHOOLDistrict 116

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

1901 N Lincoln Avenue , Unit 311 | MLS# 12652304

This condo located at 1901 N Lincoln Avenue , Unit 311, Urbana, IL 61801 is currently listed for sale with an asking price of $199,900. This property was built in 2005 and has 4 bedrooms and 4 full baths with 1547 sq. ft. N Lincoln Avenue , Unit 311 is located within the District 116 school district. Search Urbana real estate on www.gogambino.com today.

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Heating: Electric, Heat Pump
Lot Size: CONDO
Roof Type: Asphalt
Stories: 3.0
Taxes: $6,243
Year Built: 2005

Amenities

Cathedral Ceiling(s)

Feature Descriptions

Additional rooms: No additional rooms
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Association Amenities: Pool
Association Includes: Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Internet
Exterior: Vinyl Siding, Brick
HOA Fee: 292/ Monthly
Lot Dimensions: CONDO
Parcel#: 912106477043
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 6
Township: Cunningham
Water: Public

Room Sizes

Bedroom 2: 12X10
Bedroom 3: 12X10
Bedroom 4: 12X11
Kitchen: 8X8
Living Room: 16X16
Primary Bedroom: 14X10

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: eXp Realty-Champaign
Agency Phone: 888-574-9405

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,486.56 per month $908.01 Principal & Interest $520.25 Property Tax $58.30 Homeowner's Insurance

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