$225,000
●
Condo -
Off Market
1507 Theodore Drive #B
Champaign, IL 61821
2 Beds
2 Baths
1,458 Ft²
$223,833
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Exceptional Condo! Move in ready. Private Entryway, Handscraped
Hardwood Floors. All stainless appliances in kitchen with granite
counters and center island. 4 Season Sun room overlooks newly
painted deck. Closet organizers. New Roof 2021. Furnace 2022.
Unit Size
1,458 Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
Condo
Property Taxes
$284
HOA Dues
$150
Year Built
-
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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.
Last updated: 3 years ago (MRED MLS #11727524)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Jul 22, 2023 | Listed by RE/MAX Choice | $245,000 | |
| Listed by RE/MAX Choice | |||
| | |||
|
Condo living at its finest in coveted Old Farm Subdivision! Granite countertops, stainless steel appliances, skylights, scraped hardwood floors, and a delightful 4-season sunroom overlooking a private deck. This condo is freshly painted and ready for a new owner. Make it yours today!
| |||
| Apr 19, 2023 | Sold | ||
| Sold | |||
| Feb 28, 2023 | Listed by Coldwell Banker R.E. Group | $220,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| Jan 31, 2017 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Laundry Hook-Up in Unit, Storage
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
Rooms: 6
Fireplace Features: Gas Log
Fireplaces: 1
Basement: None
Basement Description: Crawl
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Cedar
Age: 26-30 Years
Rebuilt(Y/N): No
Parcel Number: 452023153022
Property Type: Residential
Year Built: 1997
Roof: Asphalt
No Disability Access
Special Conditions: None
Lot Features: Landscaped
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2021
Tax Annual Amount: $3,414
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Champaign
Corporate Limits: Champaign
Directions: Lakeside North off Devonshire Dr. or Broadmoor East on Theodore, 2nd Unit on south side
County or Parish: Champaign
Elementary School District: 4
Elementary School: Champaign Elementary School
Middle Or Junior School District: 4
Middle Or Junior School: Champaign Junior High School
High School District: 4
High School: Champaign High School
Other Details
Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Other
Association Fee: $150
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2024
|
3 Bed
|
2 Bath
|
1725 ft²
|
$307,700
3 Bed
2 Bath
1725 ft²
|
-
-
|
Angie Kerr
KELLER WILLIAMS-TREC
| |
|
02/28/2023
|
2 Bed
|
2 Bath
|
1458 ft²
|
$220,000
2 Bed
2 Bath
1458 ft²
|
$225,000
+2.27%
04/19/2023
|
Deana Gauze
Coldwell Banker R.E. Group
| |
|
11/18/2022
|
3 Bed
|
2 Bath
|
1783 ft²
|
$234,900
3 Bed
2 Bath
1783 ft²
|
$219,500
-6.56%
12/29/2022
|
Amber Dalton
KELLER WILLIAMS-TREC
| |
|
01/11/2017
|
2 Bed
|
2 Bath
|
1458 ft²
|
$174,900
2 Bed
2 Bath
1458 ft²
|
$171,000
-2.23%
01/31/2017
|
Marsha Nichols
Coldwell Banker R.E. Group
|
Building Info
About Champaign
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Listed by: Deana Gauze, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11727524
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# 11727524
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