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!
Closed
$125,000
1506 S Race St APT 1, Urbana, IL 61801
2beds
782sqft
Condominium, Single Family Residence
Built in 1942
-- sqft lot
$127,800 Zestimate®
$160/sqft
$1,199 Estimated rent
Home value
$127,800
$115,000 - $142,000
$1,199/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lisa Rector (217)356-6100,
KELLER WILLIAMS-TREC
Bought with:
Mark Waldhoff, CRS,GRI
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 12530389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13X10
Living room
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17X13
Heating
- Natural Gas, Steam
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Refrigerator
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 782
- Total interior livable area: 782 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 932117453007
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Snow Removal
- HOA fee: $416 monthly
Location
- Region: Urbana
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $101,790
- Annual tax amount: $2,916
- Date on market: 1/8/2026
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Sold | $125,000$160/sqft |
Source:  MRED as distributed by MLS GRID #12530389 Report a problem | ||
| 10/11/2024 | Sold | $125,000$160/sqft |
Source: MRED as distributed by MLS GRID #12147929 Report a problem | ||
| 9/7/2024 | Pending sale | $125,000$160/sqft |
Source: MRED as distributed by MLS GRID #12147929 Report a problem | ||
| 8/30/2024 | Listed for sale | $125,000+66.9%$160/sqft |
Source: MRED as distributed by MLS GRID #12147929 Report a problem | ||
| 7/17/2015 | Sold | $74,900-10.3%$96/sqft |
Source: Agent Provided Report a problem | ||
| 6/19/2008 | Sold | $83,500-1.6%$107/sqft |
Source: Public Record Report a problem | ||
| 5/7/2008 | Listed for sale | $84,900$109/sqft |
Source: NCI #2082277 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,916 -11.4% | $33,930 +9.6% |
| 2023 | $3,293 +6.7% | $30,960 +8.6% |
| 2022 | $3,086 +7.6% | $28,510 +7.3% |
| 2021 | $2,868 +6.4% | $26,570 +6.1% |
| 2020 | $2,695 +35.6% | $25,050 |
| 2019 | $1,987 | $25,050 -0.7% |
| 2018 | $1,987 -3.3% | $25,230 |
| 2017 | $2,055 +0.6% | $25,230 |
| 2016 | $2,044 | $25,230 |
| 2015 | $2,044 -6.2% | $25,230 -5% |
| 2014 | $2,179 +1.3% | $26,550 |
| 2013 | $2,150 +11.6% | $26,550 |
| 2012 | $1,926 +5.9% | $26,550 |
| 2011 | $1,818 +2% | $26,550 -1.6% |
| 2010 | $1,782 | $26,980 |
| 2009 | -- | $26,980 +1.3% |
| 2008 | -- | $26,630 +1.8% |
| 2007 | $1,479 -1.1% | $26,160 +12.6% |
| 2006 | $1,497 +1.9% | $23,230 +1.9% |
| 2005 | $1,469 +1.3% | $22,790 +3.2% |
| 2004 | $1,449 -18.9% | $22,090 +2.6% |
| 2003 | $1,787 +3.6% | $21,530 +7.5% |
| 2002 | $1,726 +1.1% | $20,020 +1.2% |
| 2001 | $1,707 +2.8% | $19,780 +2.3% |
| 2000 | $1,661 | $19,330 |
Find assessor info on the county website
Neighborhood: 61801
Nearby homes
- $129,6002 bd1 ba837 sqft1506 S Race St #3, Urbana, IL 61801Off Market
- $132,8002 bd1 ba-- sqft1506 S Race St, Urbana, IL 61801Off Market
- $124,7002 bd1 ba820 sqft1506 S Race St #6, Urbana, IL 61801Off Market
- $108,200-- bd-- ba-- sqft1506 S Race St APT 5, Urbana, IL 61801Off Market
- $76,4001 bd1 ba600 sqft1506 S Race St APT 2, Urbana, IL 61801Off Market
- $115,8002 bd1 ba900 sqft1506 S Race St APT 4, Urbana, IL 61801Off Market
- $125,0001 bd1 ba600 sqft1502 S Race St APT 3, Urbana, IL 61801Sold
- $133,6002 bd1 ba875 sqft1502 S Race St APT 4, Urbana, IL 61801Off Market
Nearby schools
GreatSchools rating
- 5/10Leal Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Urbana Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10Urbana High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Urbana Elementary School
- Middle: Urbana Middle School
- High: Urbana High School
- District: 116
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Champaign County
- Urbana
- 61801
- 1506 S Race St Apartment 1
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