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Champaign 61821 Garden Hills
4 Hedge Court
$110,000
● House - Off Market

4 Hedge Court

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
973 Ft²
$761
Est. Monthly
15.39%
Cap Rate

About This Property

This 3 bedroom 1 bath ranch has been beautifully updated with brand new vinyl plank flooring, new bathroom vanity and was recently painted. The exterior has been updated with new roof and electrical mast in 2024.  Enjoy the convenience of a single level living with spacious layout and many recent upgrades.  The backyard has plenty of space for outdoor gatherings, gardening or many other possibilities.  There is a driveway for convenient off street parking.
Unit Size
973 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$128
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1958

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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

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,762
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • 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 HILLS SUB 3RD PLAT
  • Land Acres: 0000000201
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 16 GARDEN HILLS SUB 3RD PLAT

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000901

Geography

  • District: 04
  • Parcel: 41-20-02-383-008
  • Lot: 16
  • Meridian: SEC 02 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1298
  • Longitude: -88.2683

    Address

  • Full Address: 4 Hedge Ct
  • Address - House Number: 4
  • Address - Street Name: Hedge
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Champaign
  • Carrier Code: C059
  • 4-Digit Zip Code: 2015
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $166,168
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 69,418
  • High Value: 87,187
  • Low Value: 51,648

    Market Valuation

  • Market Total Value: $54,210
  • Market Land Value: $11,640
  • Market Improvement Value: $42,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,070
  • Assessed Land Value: $3,880
  • Assessed Improvements Value: $14,190

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020R04141
  • Previous Sale Recording Date: Aug 11, 2010
  • Previous Sale Contract Date: Aug 04, 2010
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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 Hills

Stats & Trends

Median Asking:

$149,950

Sale Price/ft²

$140

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1157 ft²

Average Home Age

68 years

Currently For Sale

2 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: Jake Trautman, Champaign County Realty
Data Source: MRED, MLS# MRD12297320
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 4 Hedge Court built and last sold?
The property at 4 Hedge Court was built in 1958 and last sold on Feb 21, 2020 for $45,000.
How much is this home worth?
The estimated value of the home located at 4 Hedge Court is $0.
What are some comparable homes to 4 Hedge Court?
There are currently no comparable homes to 4 Hedge Court.
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