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1600 North Oak Street

1600 North Oak Street, Champaign, IL 61820
Commercial in Urbana
This has been categorized as a commercial property type. In total, the area measurement of the land is 97,574 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1600 North Oak Street was last sold in Mar 2, 2017 for $725,000. Current property owners are expected to pay $11,527 in taxes per year. The property on 1600 North Oak Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $145,270. To break that down further, the land itself was valued at $33,820. While improvements to the property were assessed at a total of $111,450. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190326
03/26/2019
Studio
-
-
$939,900
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 97,574
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 2.24
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : LIVCO LLC
  • Previous Owner : CARTER KENNETH L
  • Previous Owner 2: CARTER MARY F
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 005300

Geography

  • District: 30
  • Parcel: 30-21-06-326-012
  • Meridian: SEC 06 TWN 19N RNG 09E
  • Municipality: URBANA
  • Latitude: 40.132
  • Longitude: -88.2323

    Address

  • Full Address: 1600 N Oak St
  • Address - House Number: 1600
  • Street Direction: N
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Champaign
  • Carrier Code: C009
  • 4-Digit Zip Code: 2442
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,527
  • Tax Rate Code Area: 3026

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: IROQUOIS FSLA
  • First Open Lien Mortgage Recording Date: Mar 16, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $620,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 10, 2037

    Market Valuation

  • Market Total Value: $435,810
  • Market Land Value: $101,460
  • Market Improvement Value: $334,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,270
  • Assessed Land Value: $33,820
  • Assessed Improvements Value: $111,450

    Sales

  • Current Sale Contract Date: Mar 02, 2017
  • Current Sale Recording Date: Mar 16, 2017
  • Current Sale Transaction ID: 1806448304
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017R04514

    Last Sale Mortgage

  • First Mortgage Lender: IROQUOIS FSLA
  • First Mortgage Transaction Date: Mar 16, 2017
  • First Mortgage Loan Amount: $620,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 10, 2037

    Financing

  • First Mortgage Financing Type: Variable

About Champaign



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Nearby Rentals

Unit for rent at 808 W Iowa Street, Urbana, IL, 61801

$2,100 /mo

  • 4 Beds
  • 1.5 Baths
  • 1,726 ft²
808 W Iowa Street, Urbana, IL, 61801 Listing by Kimberly Krisman-Clark

Frequently Asked Questions

What neighborhood is 1600 North Oak Street located in?
The 1600 North Oak Street is a commercial located in the neighborhood of Urbana in Champaign, Champaign.
What is the average sales price for listings in 1600 North Oak Street?
The average sales price for units in 1600 North Oak Street is $0 currently.

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