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Champaign 61821
1907 Cone Drive
$145,000
● Land - Off Market

1907 Cone Drive

Champaign, IL 61821
bedrooms
Studio
bathrooms
0 Bath
$149,064
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.82 acres
Price per sqft
-
Property Type
Land
Property Taxes
$143
HOA Dues
-
Year Built
-

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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.

Last updated: 3 years ago (MRED MLS #11826027)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Premium
Sold
Jul 7, 2023 Listed by Trautman Real Estate Agency & Appraisal LLC $150,000
Listed by Trautman Real Estate Agency & Appraisal LLC

Property Highlights

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: 35,702
  • 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: V
  • Subdivision: MATTIS COMMERCIAL, PARK
  • Land Acres: 0000000820
  • Standard Land Use Code: 8002
  • County Land Use Code: 0050
  • Legal Description 1: LOT 36 MATTIS COMMERCIAL, PARK LT 4, 17, 23-27, 36, 38-39, 46

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001100

Geography

  • District: 04
  • Parcel: 41-20-10-279-007
  • Lot: 36
  • Meridian: SEC 10 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1234
  • Longitude: -88.2799

    Address

  • Full Address: 1907 Cone Dr
  • Address - House Number: 1907
  • Address - Street Name: Cone
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $171,594
  • Tax Rate Code Area: 4102

    Market Valuation

  • Market Total Value: $55,980
  • Market Land Value: $55,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,660
  • Assessed Land Value: $18,660

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13874
  • Previous Sale Recording Date: Feb 14, 2020
  • Previous Sale Contract Date: Feb 11, 2020
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71
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

2000 ft²

Average Home Age

42.1 years

Currently For Sale

175 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: Michelle Trautman, Trautman Real Estate Agency & Appraisal LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11826027
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 1907 Cone Drive built and last sold?
The property at 1907 Cone Drive was built in and last sold on Sep 22, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 1907 Cone Drive is $0.
What are some comparable homes to 1907 Cone Drive?
There are currently no comparable homes to 1907 Cone Drive.
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