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Champaign 61821
2 Meadow Court
$85,000
● House - Off Market

2 Meadow Court

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,125 Ft²
$83,589
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
Unit Size
1,125 Ft²
Days on Market
-
Land Size
-
Price per sqft
$71
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1955

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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 #11694822)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Jan 3, 2023 Listed by The Real Estate Group,Inc $80,000
Listed by The Real Estate Group,Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,547
  • Total Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN MEADOW SUB CHAMPAIGN
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 43 GREEN MEADOW SUB CHAMPAIGN

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001201

Geography

  • District: 04
  • Parcel: 44-20-15-482-013
  • Lot: 43
  • Meridian: SEC 15 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0994
  • Longitude: -88.2773

    Address

  • Full Address: 2 Meadow Ct
  • Address - House Number: 2
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Champaign
  • Carrier Code: C042
  • 4-Digit Zip Code: 4972
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $300,520
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2668
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 134,046
  • High Value: 169,812
  • Low Value: 98,280

    Market Valuation

  • Market Total Value: $116,040
  • Market Land Value: $26,910
  • Market Improvement Value: $89,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,680
  • Assessed Land Value: $8,970
  • Assessed Improvements Value: $29,710

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2133
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:

$249,900

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1974 ft²

Average Home Age

44 years

Currently For Sale

161 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

Rentals Near You

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MRED

Listed by: Jesse Stauffer, The Real Estate Group,Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11694822
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 2 Meadow Court built and last sold?
The property at 2 Meadow Court was built in 1955 and last sold on Feb 3, 2023 for $34,666.
How much is this home worth?
The estimated value of the home located at 2 Meadow Court is $0.
What are some comparable homes to 2 Meadow Court?
There are currently no comparable homes to 2 Meadow Court.
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