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Champaign 61864
1564 County Road 1000 N
$420,000
● House - Off Market

1564 County Road 1000 N

Philo, IL 61864
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,086 Ft²
$445,631
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Beautifully updates home with the country lifestyle you desire, but just minutes from Champaign-Urbana!  This house features an immaculate, updated kitchen; new Pergo hardwood flooring; and updated baths.  The roof, siding, and windows are all newer as well for peace of mind!  The partial basement with dry bar and covered patio are perfect for entertaining guests.  There are two detached garages on the property and a workshop with two overhead doors.  The highlight is the workshop features a car 10,000 lb car lift, gas heat , and 200amp electrical service. Above ground pool stays with the house as well!
Unit Size
2,086 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$210
Property Type
House
Property Taxes
$368
HOA Dues
-
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 #11724074)

Price History

Date / Event Date Event Price
Apr 17, 2023 Sold
Premium
Sold
Feb 22, 2023 Listed by JOEL WARD HOMES, INC $438,000
Listed by JOEL WARD HOMES, INC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: COMBINED PER TAXPAYERS REQUEST

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010901

Geography

  • District: 19
  • Parcel: 19-27-10-400-009
  • Municipality: PHILO
  • Latitude: 40.0259
  • Longitude: -88.1681

    Address

  • Full Address: 1564 County Road 1000 N
  • Address - House Number: 1564
  • Street Segment Direction: N
  • Address - Street Name: County Road 1000
  • State: IL
  • City Name: Philo
  • Carrier Code: R001
  • 4-Digit Zip Code: 9711
  • Zip Code: 61864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $460,746
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 1901

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 382,148
  • High Value: 456,748
  • Low Value: 307,547

    Market Valuation

  • Market Total Value: $247,470
  • Market Land Value: $44,040
  • Market Improvement Value: $203,430

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,490
  • Assessed Land Value: $14,680
  • Assessed Improvements Value: $67,810

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4798
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 Champaign

Stats & Trends

Median Asking:

$254,900

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1970 ft²

Average Home Age

44.5 years

Currently For Sale

429 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

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MRED

Listed by: Nicholas Ward, JOEL WARD HOMES, INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11724074
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 1564 County Rd 1000 North built and last sold?
The property at 1564 County Rd 1000 North was built in and last sold on Mar 29, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 1564 County Rd 1000 North is $0.
What are some comparable homes to 1564 County Rd 1000 North?
There are currently no comparable homes to 1564 County Rd 1000 North.
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