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About This Home
This 4-bedroom, 4-bathroom condo at 1901 N Lincoln Avenue in Urbana, IL is listed for $199,900 ($129 per sqft). Built in 2005, the home offers 1,547 sqft of living space on a N/A lot.
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
Key Features
- Built in 2005
- 3 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,361/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1901 N Lincoln Avenue
Urbana, IL 61801
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom condo at 1901 N Lincoln Avenue is listed at $199,900 ($129/sqft). The estimated monthly payment is $1,158 based on 20% down at 6.5% interest.
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 and can be reached at (888) 574-9405 or j@jleman.com.
