$202,000
●
Condo -
Off Market
1806 Lakeside Drive #B
Champaign, IL 61821
2 Beds
2 Baths
1,249 Ft²
$228,590
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Wonderful Old Farm condo! Very clean two bedroom, two bathroom
home. Property features a very nice floor plan with open
dining/living space, Master Suite has walk in closet, very nice
bathroom with low profile entry full shower with tile and glass
doors. Lots of storage and 2 car garage. Deck on the back
overlooking beautiful grounds. Microwave and kitchen faucet are one
year old. New paint in living area this year. Beautiful brick curb
appeal.
Unit Size
1,249 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
Condo
Property Taxes
$364
HOA Dues
$225
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 #11255843)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by The McDonald Group | $205,000 | |
| Listed by The McDonald Group | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
Rooms: 5
Basement: None
Basement Description: Crawl
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Other
Age: 31-40 Years
Rebuilt(Y/N): No
Parcel Number: 452023179042
Property Type: Residential
Year Built: 1987
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Deck, Porch
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $4,373
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: City of Champa
Corporate Limits: Champaign
Directions: From Mattis, East on Broadmoor, South on Lakeside.
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: Central High School
Other Details
Association Fee Includes: Lawn Care, Snow Removal
Association Fee: $225
Association Fee Freq: Monthly
Holds Earnest Money: No
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 |
|---|---|---|---|---|---|---|---|
|
10/29/2021
|
2 Bed
|
2 Bath
|
1249 ft²
|
$205,000
2 Bed
2 Bath
1249 ft²
|
$202,000
-1.46%
11/23/2021
|
Creg McDonald
The McDonald Group
|
Building Info
About Champaign
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Listed by: Creg McDonald, The McDonald Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11255843
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# 11255843
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