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Champaign 61821
1901 Branch Road
$240,000
● House - Off Market

1901 Branch Road

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,937 Ft²
$1,699
Est. Monthly
6.04%
Cap Rate

About This Property

Experience the charm of this 3-bedroom, 2-bathroom ranch ideally situated on a generous corner lot in a desirable location. This home features an unfinished basement, a 2-car garage with tall ceilings, and a new roof installed in 2019. Showings after 1:00 PM please.
Unit Size
1,937 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1981

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,819
  • Total Building Area: 1,673
  • Building Area: 1,673
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHWOOD 21ST SUB, 1ST SEC
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 680 SOUTHWOOD 21ST SUB, 1ST SEC

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001203

Geography

  • District: 04
  • Parcel: 45-20-22-478-011
  • Lot: 680
  • Meridian: SEC 22 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0867
  • Longitude: -88.2767

    Address

  • Full Address: 1901 Branch Rd
  • Address - House Number: 1901
  • Address - Street Name: Branch
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: C047
  • 4-Digit Zip Code: 6353
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $179,502
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 236,049
  • High Value: 294,026
  • Low Value: 178,072

    Market Valuation

  • Market Total Value: $191,820
  • Market Land Value: $46,710
  • Market Improvement Value: $145,110

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,940
  • Assessed Land Value: $15,570
  • Assessed Improvements Value: $48,370

    Sales

  • Current Sale Contract Date: Jan 10, 2023
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 480
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:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1973 ft²

Average Home Age

42.6 years

Currently For Sale

179 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: Creg McDonald, Realty Select One
Data Source: MRED, MLS# MRD12142250
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 1901 Branch Road built and last sold?
The property at 1901 Branch Road was built in 1981 and last sold on Jan 10, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 1901 Branch Road is $0.
What are some comparable homes to 1901 Branch Road?
There are currently no comparable homes to 1901 Branch Road.
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