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Savoy 61822
208 Capitol Street
$55,000
● Land - Off Market

208 Capitol Street

Savoy, IL 61874
bedrooms
Studio
bathrooms
0 Bath
$58,042
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Great location on Liberty on the Lakes on the Savoy side. Both lots are now available for individual buyer or builder to purchase to build on!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$137
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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 #11426465)

Price History

Date / Event Date Event Price
Nov 14, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Coldwell Banker R.E. Group $55,000
Listed by Coldwell Banker R.E. Group

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: 9,788
  • 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: LIBERTY ON THE LAKE 2 PHASE 1
  • Land Acres: 0000000225
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 392 LIBERTY ON THE LAKE 2 PHASE 1

Neighborhood

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

Geography

  • District: 03
  • Parcel: 03-20-35-308-004
  • Lot: 392
  • Meridian: SEC 35 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0569
  • Longitude: -88.2746

    Address

  • Full Address: 208 Capitol St
  • Address - House Number: 208
  • Address - Street Name: Capitol
  • Address - Suffix Type: St
  • State: IL
  • City Name: Savoy
  • Carrier Code: R001
  • 4-Digit Zip Code: 8733
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $168,636
  • Tax Rate Code Area: 309

    Market Valuation

  • Market Total Value: $64,830
  • Market Land Value: $64,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,610
  • Assessed Land Value: $21,610

    Sales

  • Current Sale Contract Date: Nov 14, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20981
  • Previous Sale Recording Date: Apr 13, 2018
  • Previous Sale Contract Date: Apr 05, 2018
  • Previous Sale Amount: $85,000
  • 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 Savoy

Stats & Trends

Median Asking:

$384,900

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2360 ft²

Average Home Age

28.8 years

Currently For Sale

17 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: Judy Fejes, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11426465
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 208 Capitol Street built and last sold?
The property at 208 Capitol Street was built in and last sold on Nov 14, 2022 for $34,666.
How much is this home worth?
The estimated value of the home located at 208 Capitol Street is $0.
What are some comparable homes to 208 Capitol Street?
There are currently no comparable homes to 208 Capitol Street.
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