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Champaign 61820 Garden Park
304 Fairview Drive
$162,500
● House - Off Market

304 Fairview Drive

Champaign, IL 61820
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,378 Ft²
$1,036
Est. Monthly
11.39%
Cap Rate

About This Property

Discover this delightful 3-bedroom, 2-bathroom gem featuring hardwood floors throughout. The updated kitchen comes fully equipped with stainless steel appliances, ready for you to move in and enjoy. A spacious full basement offers ample storage options.  The large upstairs bedroom includes a private bath and a versatile flex space that's perfect for a home office, playroom, or creative nook. Step outside to your wooden deck overlooking a fenced yard - ideal for entertaining or relaxing. Plus, a detached 2-car garage adds convenience to this inviting property. Don't miss the chance to call this adorable home yours!
Unit Size
1,378 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1947

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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: 1947
  • Effective Year Built: 1947
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,666
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: M

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDEN PARK ADD 2
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 51 GARDEN PARK ADD 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000700

Geography

  • District: 04
  • Parcel: 41-20-01-456-014
  • Lot: 51
  • Meridian: SEC 01 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1283
  • Longitude: -88.2473

    Address

  • Full Address: 304 Fairview Dr
  • Address - House Number: 304
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C012
  • 4-Digit Zip Code: 2642
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $267,690
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2577
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 127,228
  • High Value: 160,027
  • Low Value: 94,429

    Market Valuation

  • Market Total Value: $87,330
  • Market Land Value: $12,150
  • Market Improvement Value: $75,180

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,110
  • Assessed Land Value: $4,050
  • Assessed Improvements Value: $25,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2007
  • Current Sale Recording Date: Jul 23, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007R19513
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 Garden Park

Stats & Trends

Median Asking:

$134,000

Sale Price/ft²

$136

Above Asking

0.00%

Average Days on Market

61

Average Home Size

1061 ft²

Average Home Age

76.4 years

Currently For Sale

0 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: Scott Bechtel, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12352062
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 304 Fairview Drive built and last sold?
The property at 304 Fairview Drive was built in 1947 and last sold on Jul 20, 2007 for $92,000.
How much is this home worth?
The estimated value of the home located at 304 Fairview Drive is $0.
What are some comparable homes to 304 Fairview Drive?
There are currently no comparable homes to 304 Fairview Drive.
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