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Urbana 61801
Undisclosed Address
$68,000
● House - Off Market

Undisclosed Address

Urbana, IL 61801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,348 Ft²
$544
Est. Monthly
Unit Size
1,348 Ft²
Days on Market
-
Land Size
-
Price per sqft
$63
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1949

Payment Calculator

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Cap Rate Calculator

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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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,900
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIMS, SARAH A., ADD
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 15 SIMS, SARAH A., ADD

Neighborhood

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

Geography

  • District: 09
  • Parcel: 91-21-07-426-005
  • Lot: 15
  • Meridian: SEC 07 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1198
  • Longitude: -88.2228

    Address

  • Full Address: 1109 Fairview Ave
  • Address - House Number: 1109
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Urbana
  • Carrier Code: C006
  • 4-Digit Zip Code: 1507
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $123,502
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 9103

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 69,171
  • High Value: 83,503
  • Low Value: 54,839

    Market Valuation

  • Market Total Value: $52,230
  • Market Land Value: $10,920
  • Market Improvement Value: $41,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,410
  • Assessed Land Value: $3,640
  • Assessed Improvements Value: $13,770

    Exemptions

  • 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

1786 ft²

Average Home Age

54.1 years

Currently For Sale

85 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 504 E Church Street, IL, 61820

$5,500 /mo

  • 7 Beds
  • 3 Baths
  • 4,709 ft²
504 E Church Street, IL, 61820 Listing by Getty Greer
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: Carol Meinhart, The Real Estate Group,Inc
Data Source: MRED, MLS# MRD12520788
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 1109 Fairview Avenue built and last sold?
The property at 1109 Fairview Avenue was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1109 Fairview Avenue is $93,349.
What are some comparable homes to 1109 Fairview Avenue?
There are currently no comparable homes to 1109 Fairview Avenue.
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