$289,900
●
Condo -
Off Market
1605 Lakeside Drive #B
Champaign, IL 61821
3 Beds
2 Baths
1,714 Ft²
$288,092
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Look no further as you have found the ONE! Come take a look at this
showcase home that presents itself in better than new condition and
is ready for you to call HOME! This stunning home offers soaring
cathedral ceilings, gleaming hardwood floors, Pella windows, custom
window shutters and is tastefully decorated with warm colors! The
spacious kitchen provides updated cabinets, with soft-close
drawers, SS Appliances, large pantry and breakfast nook. There is a
high efficiency heating/cooling system, newer roof, gutters and
gutter guards, all providing years of maintenance free living. I
could go on and on, but I suggest you schedule your tour today, to
look for yourself, as you won't be disappointed and don't forget
your checkbook for this one! :)
Unit Size
1,714 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
Condo
Property Taxes
$499
HOA Dues
$267
Year Built
-
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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 #11832351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $289,900 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 3
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Pantry
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms: 7
Fireplace Features: Gas Log, Includes Accessories
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: 452023105009
Property Type: Residential
Year Built: 1994
No Disability Access
Special Conditions: None
Exterior Features: Deck, Porch
Lot Features: Cul-De-Sac, Sidewalks
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $5,984
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Champaign
Corporate Limits: Champaign
Directions: Broadmoor to Lakeside, N to 1st left, then property on N side of street
County or Parish: Champaign
Elementary School District: 4
Elementary School: Unit 4 Of Choice
Middle Or Junior School District: 4
Middle Or Junior School: Champaign/Middle Call Unit 4 351
High School District: 4
High School: Centennial High School
Other Details
Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
Association Fee: $267
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 |
|---|---|---|---|---|---|---|---|
|
07/14/2023
|
3 Bed
|
2 Bath
|
1714 ft²
|
$289,900
3 Bed
2 Bath
1714 ft²
|
$289,900
09/19/2023
|
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
|
Building Info
About Champaign
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Listed by: Eddie Mullins, RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11832351
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# 11832351
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