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Champaign 61878
2070 County Road 2400 N
$239,900
● House - Off Market

2070 County Road 2400 N

Thomasboro, IL 61878
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,626 Ft²
$1,463
Est. Monthly
7.08%
Cap Rate

About This Property

Country living at its finest and ready for its new owners! This 3-bedroom, 1-bath home sits on 2.67 acres, offering plenty of space to spread out and enjoy peaceful views in every direction. Inside, you'll find 1,626 square feet of comfortable living space, plus an unfinished basement that's ideal for extra storage. Major updates have been taken care of with a newer HVAC system and an updated electrical panel within the last four years. Start your mornings on the screened porch - perfect for sipping coffee or dropping bags and gear as you head out for the day. This is a wonderful opportunity to embrace country life while still having modern comforts in place! Don't miss out. Schedule your private showing today.
Unit Size
1,626 Ft²
Days on Market
-
Land Size
2.67 acres
Price per sqft
$148
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1937

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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: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,008
  • Garage Type: 1
  • Garage Square Area: 1,695
  • Parking Space Count: 7
  • Patio Type: 59
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 116,305
  • Total Building Area: 3,711
  • Gross Building Area: 3,711
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002670
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040

Neighborhood

  • School District Name: Prairieview-Ogden Community Consolidated School District 197
  • School Tax School District: 101
  • Census Tract: 010400

Geography

  • District: 06
  • Parcel: 06-10-33-400-007
  • Meridian: SEC 33 TWN 21N RNG 10E
  • Municipality: COMPROMISE
  • Latitude: 40.2255
  • Longitude: -88.0649

    Address

  • Full Address: 2070 County Road 2400 N
  • Address - House Number: 2070
  • Street Segment Direction: N
  • Address - Street Name: County Road 2400
  • State: IL
  • City Name: Thomasboro
  • Carrier Code: R078
  • 4-Digit Zip Code: 9649
  • Zip Code: 61878

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $315,524
  • Tax Rate Code Area: 612

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 191,969
  • High Value: 231,745
  • Low Value: 152,193

    Market Valuation

  • Market Total Value: $135,960
  • Market Land Value: $23,400
  • Market Improvement Value: $112,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,320
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $37,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2004
  • Current Sale Recording Date: Jul 14, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2004R21953
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

1990 ft²

Average Home Age

44.2 years

Currently For Sale

425 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: Erin Rosenthal, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12397683
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 2070 County Rd 2400 North built and last sold?
The property at 2070 County Rd 2400 North was built in 1937 and last sold on Jun 30, 2004 for $90,000.
How much is this home worth?
The estimated value of the home located at 2070 County Rd 2400 North is $0.
What are some comparable homes to 2070 County Rd 2400 North?
There are currently no comparable homes to 2070 County Rd 2400 North.
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