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Urbana 61801
1007 N Goodwin Avenue
Photo of 1007 N Goodwin Avenue

2

Map

Photo of 1007 N Goodwin Avenue
$29,900
● Land - For Sale

1007 N Goodwin Avenue

Urbana, IL 61801
bedrooms
Studio
bathrooms
0 Bath
$181
Est. Monthly

About This Property

Are you having trouble finding an existing home to purchase? Why not build your ideal home! Located within 6 blocks of the North side of the University of Illinois, this 52 x 148 lot is Zone R-2 in a Single-Family Residential District allows you to build a single family detached home or two-family dwellings such as a duplex. Drive by it today and start planning how you would like your new home to look.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$33
HOA Dues
-
Year Built
-

Listed By

Darnell Cox
[email protected]
RE/MAX REALTY ASSOCIATES-CHA

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Interior Details
Laundry Features: None
Basement: None
Exterior Details
Lot Size Area: 7405.2
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Lot Size Dimensions: 52 x 148
Financial Details
Tax Annual Amount: $399

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,460
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 520
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SEMINARY ADD AND OTHER LAND
  • Land Acres: 0000000125
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOTS PT 1, PT 2, PT 3 BLOCK 13 SEMINARY ADD

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005300

Geography

  • District: 09
  • Parcel: 91-21-07-260-007
  • Block: 13
  • Lot: 3
  • Meridian: SEC 07 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1218
  • Longitude: -88.2245

    Address

  • Full Address: 1007 N Goodwin Ave
  • Address - House Number: 1007
  • Street Direction: N
  • Address - Street Name: Goodwin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Urbana
  • Carrier Code: C006
  • 4-Digit Zip Code: 1430
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,370
  • Tax Rate Code Area: 9103

    Market Valuation

  • Market Total Value: $10,080
  • Market Land Value: $10,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,360
  • Assessed Land Value: $3,360
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Urbana

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1708 ft²

Average Home Age

52.6 years

Currently For Sale

87 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1306 E Green Street, Urbana, IL, 61802

$1,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,761 ft²
1306 E Green Street, Urbana, IL, 61802 Listing by Carol Meinhart
Unit for rent at 1806 S Cottage Grove Avenue, Urbana, IL, 61801

$1,095 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1806 S Cottage Grove Avenue #114, Urbana, IL, 61801 Listing by Dominic DiBrizzi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Darnell Cox, RE/MAX REALTY ASSOCIATES-CHA
Data Source: MRED, MLS# MRD12600814
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1007 North Goodwin Avenue built and last sold?
The property at 1007 North Goodwin Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1007 North Goodwin Avenue is $30,199.
What are some comparable homes to 1007 North Goodwin Avenue?
There are currently no comparable homes to 1007 North Goodwin Avenue.
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