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Champaign 61821 Devonshire
1504 Harrington Drive
$282,000
● House - Off Market

1504 Harrington Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,057 Ft²
$1,750
Est. Monthly
6.11%
Cap Rate

About This Property

Discover this spacious and beautifully maintained home, owned by the same family since 1992. Offering 3 bedrooms and 2 bathrooms, this well-kept residence features a large, inviting kitchen, a bright sunroom, and ample closet space throughout. The backyard is a private retreat, with a former inground pool thoughtfully converted into a stylish firepit area, all within a fenced yard. A new roof was installed 2021, New Furnace 2018, Updated Primary Bathroom 2023. Immaculately clean and lovingly cared for, this home also boasts the convenience of second-floor laundry and a large workshop off the garage, perfect for projects or extra storage. A rare find-don't miss this incredible opportunity!
Unit Size
2,057 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$134
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1982

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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

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • 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
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,899
  • Total Building Area: 1,018
  • Building Area: 1,018
  • 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: MORRISSEY PARK WEST
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 2 MORRISSEY PARK WEST

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001301

Geography

  • District: 04
  • Parcel: 45-20-23-376-007
  • Lot: 2
  • Meridian: SEC 23 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0871
  • Longitude: -88.2701

    Address

  • Full Address: 1504 Harrington Dr
  • Address - House Number: 1504
  • Address - Street Name: Harrington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C054
  • 4-Digit Zip Code: 6408
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $442,778
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 247,364
  • High Value: 298,618
  • Low Value: 196,111

    Market Valuation

  • Market Total Value: $177,450
  • Market Land Value: $40,380
  • Market Improvement Value: $137,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,150
  • Assessed Land Value: $13,460
  • Assessed Improvements Value: $45,690

    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 Devonshire

Stats & Trends

Median Asking:

$202,500

Sale Price/ft²

$146

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1529 ft²

Average Home Age

45.6 years

Currently For Sale

5 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 1013 W Daniel Street, Champaign, IL, 61821

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,425 ft²
1013 W Daniel Street, Champaign, IL, 61821 Listing by Creg McDonald

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: PJ Trautman, Trautman Real Estate Agency & Appraisal LLC
Data Source: MRED, MLS# MRD12277904
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 1504 Harrington Drive built and last sold?
The property at 1504 Harrington Drive was built in 1982 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1504 Harrington Drive is $0.
What are some comparable homes to 1504 Harrington Drive?
There are currently no comparable homes to 1504 Harrington Drive.
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