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Champaign 61822 Dobbins Downs
2706 Campbell Drive
$98,000
● House - Off Market

2706 Campbell Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$643
Est. Monthly
15.00%
Cap Rate

About This Property

Good property with Brick front, 1 car attached garage. Large Yard!!
Unit Size
960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1974

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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 #11954058)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Dec 31, 2023 Listed by The Real Estate Group,Inc $99,900
Listed by The Real Estate Group,Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,478
  • Total Building Area: 960
  • Building Area: 960
  • 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: REGENCY WEST 2A SUB
  • Land Acres: 0000000149
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 176 REGENCY WEST 2A SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000800

Geography

  • District: 04
  • Parcel: 41-14-35-376-006
  • Lot: 176
  • Meridian: SEC 35 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1453
  • Longitude: -88.2701

    Address

  • Full Address: 2706 Campbell Dr
  • Address - House Number: 2706
  • Address - Street Name: Campbell
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C040
  • 4-Digit Zip Code: 1044
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $181,802
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 87,844
  • High Value: 106,046
  • Low Value: 69,643

    Market Valuation

  • Market Total Value: $59,310
  • Market Land Value: $11,640
  • Market Improvement Value: $47,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,770
  • Assessed Land Value: $3,880
  • Assessed Improvements Value: $15,890

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 960
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 Dobbins Downs

Stats & Trends

Median Asking:

$159,000

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2265 ft²

Average Home Age

65 years

Currently For Sale

1 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: Eric Porter, The Real Estate Group,Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11954058
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 2706 Campbell Drive built and last sold?
The property at 2706 Campbell Drive was built in 1974 and last sold on Jan 18, 2024 for $98,000.
How much is this home worth?
The estimated value of the home located at 2706 Campbell Drive is $0.
What are some comparable homes to 2706 Campbell Drive?
There are currently no comparable homes to 2706 Campbell Drive.
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