Sold98d on market

1506 S Race St APT 1

Urbana, IL, 61801 • 61801 • Champaign County

$125,000

$160/sqft

2Beds

1Baths

782Sqft

1942Built

Property DNA

2 highlights

Character Home

Built 1942 · 84 years of history

1-Car Garage

Yes · Garage Owned · Detached · Garage

Market activity

Demand and pricing signals for this listing

48 views

People checking out this listing

98 days on market

Established listing

$160/sqft

Price per square foot

About this home

Condo · Built 1942

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!

Estimated monthly payment

Based on current rates

$1,240/month

Principal & Interest$657

Property Tax$125

Insurance$42

HOA$416

Down payment20% ($25,000)

3%50%

Est. 6.88% rate · 30yr fixed · $100,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeCondominium, Single Family Residence

Year Built1942

HeatingNatural Gas, Steam

CoolingCentral Air

Parking1 Garage space

HOA$416 monthly

Property

Home typeCondo

Sub-typeCondominium, Single Family Residence

Year built1942

Systems

HeatingNatural Gas, Steam

CoolingCentral Air

ConstructionBrick

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingYes, Garage Owned, Detached, Garage

Garage1 spaces

BasementUnfinished,Full

Location & Tax

Neighborhood61801

Annual tax$2,916

Parcel932117453007

Bathrooms & Fees

Full baths1

HOA$416/mo

Features & details

6 categories of property features

Interior Features

Appliances

Range

Dishwasher

Refrigerator

Heating

Natural Gas

Steam

Cooling

Central Air

Accessibility

No Disability Access

Exterior Features

Parking

Yes

Garage Owned

Detached

Garage

Construction

Brick

Room details

19 rooms detailed

Master Bedroom

Main

12×10 ft120 sqft

Bedroom2

Main

11×10 ft110 sqft

Bedroom3

Bedroom4

Other

Listing insights

Market data and value estimates

StatusSold

Days on market98

Est. value$128,000

Est. rent$1,184/mo

Tax rate2.17%

Price/sqft$160

On marketJan 8, 2026

PostedJan 8, 2026

Last sold$125,000

MLS statusClosed

MLS updatedJan 7, 2026

Tour days6

How are the schools in Urbana?

3 schools rated nearby

Leal Elementary School

Elementary • Public • K-5

0.6 mi

Urbana Middle School

Middle • Public • 6-8

0.3 mi

Urbana High School

High • Public • 9-12

0.3 mi

Location

Urbana, IL, 61801

Expand map

Price history

7 events

DateEventPrice$/sqftSource

Dec 30, 2025Sold$125,000$160MRED as distributed by MLS GRID

Oct 11, 2024Sold$125,000$160MRED as distributed by MLS GRID

Sep 7, 2024Pending Sale$125,000$160MRED as distributed by MLS GRID

Aug 30, 2024Listed For Sale$125,000$160MRED as distributed by MLS GRID

Jul 17, 2015Sold$74,900$96Agent Provided

Jun 19, 2008Sold$83,500$107Public Record

May 7, 2008Listed For Sale$84,900$109NCI

Sold$125,000

Dec 30, 2025•$160/sqft•MRED as distributed by MLS GRID

Sold$125,000

Oct 11, 2024•$160/sqft•MRED as distributed by MLS GRID

Pending Sale$125,000

Sep 7, 2024•$160/sqft•MRED as distributed by MLS GRID

Listed For Sale$125,000

Aug 30, 2024•$160/sqft•MRED as distributed by MLS GRID

Sold$74,900

Jul 17, 2015•$96/sqft•Agent Provided

Sold$83,500

Jun 19, 2008•$107/sqft•Public Record

Listed For Sale$84,900

May 7, 2008•$109/sqft•NCI

Tax history

25 years of records

YearTax paidAssessed value

Apr 8, 2024$2,916$33,930

Apr 8, 2023$3,293$30,960

Apr 8, 2022$3,086$28,510

Apr 8, 2021$2,868$26,570

Apr 8, 2020$2,695$25,050

Apr 8, 2019$1,987$25,050

Apr 8, 2018$1,987$25,230

Apr 8, 2017$2,055$25,230

Apr 8, 2016$2,044$25,230

Apr 8, 2015$2,044$25,230

Apr 8, 2014$2,179$26,550

Apr 8, 2013$2,150$26,550

Apr 8, 2012$1,926$26,550

Apr 8, 2011$1,818$26,550

Apr 8, 2010$1,782$26,980

Apr 8, 2009—$26,980

Apr 8, 2008—$26,630

Apr 8, 2007$1,479$26,160

Apr 8, 2006$1,497$23,230

Apr 8, 2005$1,469$22,790

Apr 8, 2004$1,449$22,090

Apr 8, 2003$1,787$21,530

Apr 8, 2002$1,726$20,020

Apr 8, 2001$1,707$19,780

Apr 8, 2000$1,661$19,330

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Neighborhood details

Local context around this listing

Urbana, IL • Champaign County

Nearby neighborhoods

Downtown

Nearby cities

ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono

Nearby zip codes

61801618026180361874

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Value estimates

Live

Est. value$128,000

Est. rent$1,184/mo

30yr rate est.6.88%

Affordability$1,341/mo

Accepted financing

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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)

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