3 on the US Billboard Top Contemporary Jazz Albums chart.

Artists such as Earl Klugh, The Staples, Dave Koz and Fareed Haque appeared on Urban Knights III.

With the album also featuring covers of Robert Johnson's Sweet Home Chicago and 10cc's I'm Not in Love.

[5] Hilarie Grey of Jazz Times said "Ramsey Lewis' Urban Knights III exploits the urban sophistication and stylish blue roots of its Chicago setting".

[7] Jonathan Widran of AllMusic wrote "On Urban Knights III, legendary pianist Ramsey Lewis reaches deeper, forgoing the all-star jam concepts of the first two Urban Knights projects (which featured everyone from the late Grover Washington, Jr. to producer Maurice White), and cultivating some of Chicago's most deserving local R&B and jazz talents...With such great young players, one wonders why Lewis couldn't resist the commercial potential of having Dave Koz simmer on "Dancing Angels" and having Earl Klugh and Fareed Haque engage in the playful, steel string-classical guitar duel "Gypsy."