For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Urbana 61801
1104 Mitchem Drive
$215,000
● House - Off Market

1104 Mitchem Drive

Urbana, IL 61801
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,241 Ft²
$1,650
Est. Monthly
13.09%
Cap Rate

About This Property

This is a one owner home that was delivered to the building site on May 3rd of 1967. The home is in good condition, it does needs some updating on the interior. There is a home inspection available from July 3, 2025. The price reflects the condition of the home. It's also being sold in "as is" condition and a home inspection will be provided to all interested buyers. New roof in 2021, New sewer line 2025, Back-up Generac power generator, Fenced yard, Fireplace, updated HVAC systems, Three season room with it's own heating and cooling unit.
Unit Size
2,241 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$89
Property Type
House
Property Taxes
$668
HOA Dues
-
Year Built
1967

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,274
  • Building Area: 1,274
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENNIS RIDGE 9TH SUB
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 670 ENNIS RIDGE 9TH SUB

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005701

Geography

  • District: 09
  • Parcel: 93-21-21-178-009
  • Lot: 670
  • Meridian: SEC 21 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.0925
  • Longitude: -88.195

    Address

  • Full Address: 1104 Mitchem Dr
  • Address - House Number: 1104
  • Address - Street Name: Mitchem
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: C015
  • 4-Digit Zip Code: 6421
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $687,432
  • Tax Rate Code Area: 9303

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 283,664
  • High Value: 342,439
  • Low Value: 224,889

    Market Valuation

  • Market Total Value: $223,530
  • Market Land Value: $57,330
  • Market Improvement Value: $166,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,510
  • Assessed Land Value: $19,110
  • Assessed Improvements Value: $55,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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

1747 ft²

Average Home Age

52.7 years

Currently For Sale

82 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Waller, Coldwell Banker R.E. Group
Data Source: MRED, MLS# MRD12405877
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 1104 Mitchem Drive built and last sold?
The property at 1104 Mitchem Drive was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1104 Mitchem Drive is $0.
What are some comparable homes to 1104 Mitchem Drive?
There are currently no comparable homes to 1104 Mitchem Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Cunningham Homes for Sale
Cunningham Houses for Sale
Cunningham Condos for Sale
Cunningham Townhouses for Sale
Cunningham Multifamily for Sale
Cunningham Land for Sale
Cunningham Commercial for Sale
Cunningham Homes with Basements
Nearby Cities
Champaign Homes for Sale
Urbana Homes for Sale
Savoy Homes for Sale
Tolono Homes for Sale
Philo Homes for Sale
Nearby Property Records
Champaign County, IL Property Records
Piatt County, IL Property Records
Douglas County, IL Property Records
Vermilion County, IL Property Records
Ford County, IL Property Records
Edgar County, IL Property Records
De Witt County, IL Property Records
Coles County, IL Property Records
Neighborhoods
Bolten Field Real Estate
Clark Real Estate
Boulder Ridge Real Estate
Garden Hills Real Estate
Parkland Ridge Real Estate
Sawgrass Real Estate
Ashland Park Real Estate
Pembroke Point Real Estate
Nearby Counties
Champaign City Homes for Sale
Champaign Homes for Sale
Urbana Homes for Sale
Tolono Homes for Sale
Philo Homes for Sale
Hensley Homes for Sale
Somer Homes for Sale
Top Real Estate Agents
Top Agents in Cunningham
Top Agents in Champaign City
Top Agents in Champaign
Top Agents in Urbana
Top Agents in 61822
Top Agents in 61821
Top Agents in 61802
Top Agents in 61801