$9,000
●
Land -
Off Market
1105 N Champaign Street
Champaign, IL 61820
Studio
0 Bath
$13,733
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This would be the perfect spot to build a small rental property or
a starter home. This lot is conveniently located near parks,
downtown Champaign, U of I, and lots of shopping. This lot has been
zoned for single family use and has city sewer and public water set
and ready to build! Take a look today!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
-
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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.
Last updated: 3 years ago (MRED MLS #10961140)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by The Real Estate Group,Inc | $15,000 | |
| Listed by The Real Estate Group,Inc | |||
| | |||
|
Welcome to 1105 N. Champaign St, Champaign, IL 61820- the perfect canvas for your dream home! This 50X120 lot is located in the heart of Champaign and offers fantastic opportunity for single-family living. Key Features: Size: 50 feet by 120 feet, providing ample space for your home design and landscaping dreams. Zoning: This lot is zoned for single-family use, ensuring a great living space for you and your family. Utilities: City sewer and city water connections are available, simplifying the building process. Location: Situated in a convenient and desirable area, close to amenities, schools, parks, and more. Imagine the possibilities- design your ideal home, create a lush garden, and enjoy the benefits of a welcoming community. Don't miss this chance to build the home you have always envisioned in the heart of Champaign, IL. Seize this opportunity and make your dreams a reality. Contact us today to learn more about this fantastic residential lot. Build your future here!
| |||
| May 25, 2022 | Sold | ||
| Sold | |||
| Oct 11, 2021 | Listed by The Real Estate Group,Inc | $12,000 | |
| Listed by The Real Estate Group,Inc | |||
| | |||
|
This lot is zoned for single family and located downtown Champaign near schools & parks, U of I, and lots of shopping. With city sewer and public water set and ready all you have to do build!
| |||
| Aug 31, 2021 | Sold | ||
| Sold | |||
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About Stratton
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Listed by: Barbara Gallivan, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 10961140
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10961140
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