For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Champaign 61820
2 Stanford Place
$305,000
● House - Off Market

2 Stanford Place

Champaign, IL 61820
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,396 Ft²
$325,545
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Lovely 4 bedroom, 2 full bath brick ranch on quiet cul de sac.  Traditional floor plan with separate formal living and dining room.  Open concept kitchen overlooking den space with fireplace.  Spacious bedrooms and bathrooms.  Plenty of natural light throughout. Great semi private outdoor deck space for entertaining.  Convenient location with close proximity to UIUC and MTD.  This home has been well maintained and is ready for new owner to make it their own.
Unit Size
2,396 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11760907)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
Apr 18, 2023 Listed by KELLER WILLIAMS-TREC $325,000
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

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
  • Living Units: 1
  • 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: 12,012
  • 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: R
  • Subdivision: WINDSOR PARK 4TH SUB
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOTS 100, PT 101 WINDSOR PARK 4TH SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001302

Geography

  • District: 03
  • Parcel: 03-20-25-102-004
  • Lot: 100
  • Meridian: SEC 25 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0829
  • Longitude: -88.2564

    Address

  • Full Address: 2 Stanford Pl
  • Address - House Number: 2
  • Address - Street Name: Stanford
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Champaign
  • Carrier Code: C030
  • 4-Digit Zip Code: 7620
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $520,168
  • Tax Rate Code Area: 307

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 324,209
  • High Value: 390,974
  • Low Value: 257,445

    Market Valuation

  • Market Total Value: $242,880
  • Market Land Value: $48,480
  • Market Improvement Value: $194,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,960
  • Assessed Land Value: $16,160
  • Assessed Improvements Value: $64,800

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9083
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:

$254,900

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1989 ft²

Average Home Age

44.4 years

Currently For Sale

433 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elizabeth Young, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11760907
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 Stanford Place built and last sold?
The property at 2 Stanford Place was built in and last sold on Jun 16, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 2 Stanford Place is $0.
What are some comparable homes to 2 Stanford Place?
There are currently no comparable homes to 2 Stanford Place.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Champaign Homes for Sale
Champaign Houses for Sale
Champaign Condos for Sale
Champaign Townhouses for Sale
Champaign Multifamily for Sale
Champaign Land for Sale
Champaign Commercial for Sale
Champaign Homes with Basements
Nearby Cities
Urbana Homes for Sale
Mahomet Homes for Sale
Savoy Homes for Sale
Lake of the Woods Homes for Sale
Tolono Homes for Sale
Thomasboro Homes for Sale
Philo Homes for Sale
Seymour Homes for Sale
Nearby Property Records
Champaign County, IL Property Records
Piatt County, IL Property Records
Douglas County, IL Property Records
Ford County, IL Property Records
Vermilion County, IL Property Records
De Witt County, IL Property Records
Edgar County, IL Property Records
Coles County, IL Property Records
Neighborhoods
Bolten Field Real Estate
Clark Real Estate
Boulder Ridge Real Estate
Garden Hills Real Estate
Parkland Ridge Real Estate
Sawgrass Real Estate
Ashland Park Real Estate
Pembroke Point Real Estate
Nearby Counties
Champaign City Homes for Sale
Cunningham Homes for Sale
Mahomet Homes for Sale
Urbana Homes for Sale
Tolono Homes for Sale
Philo Homes for Sale
Hensley Homes for Sale
Somer Homes for Sale
Top Real Estate Agents
Top Agents in Champaign
Top Agents in Champaign City
Top Agents in Urbana
Top Agents in Cunningham
Top Agents in 61822
Top Agents in 61821
Top Agents in 61802
Top Agents in 61801