$278,200
●
House -
Off Market
600 Lauterbur Lane
Champaign, IL 61822
3 Beds
3 Baths,
1
Half Bath
1,875 Ft²
$1,774
Est. Monthly
$7
HOA / Fees
4.01%
Cap Rate
About This Property
Available now! This 2-story home features large living spaces and
loads of updates. The kitchen will impress with granite counters,
tile floor, extra-tall cabinets and updated refrigerator,
oven/range and microwave in 2018. The eat-in space is great
for meals and can double as a kitchen workspace. The living
room/dining room space is huge and includes a large storage closet
perfect for games, blankets and more. The laundry is conveniently
located on the 2nd floor along with a stylish master bedroom suite
with private bath and large bedroom. 2 additional bedrooms are
large with great closet space. The backyard is fenced with a large
deck for entertaining and a fire pit area. Updates: New
HVAC system in April of 2023, Roof in August 2020, water heater in
2020. Many updated light fixtures as well.
Unit Size
1,875 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$441
HOA Dues
$7
Year Built
-
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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: 2 years ago (MRED MLS #12220196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by KELLER WILLIAMS-TREC | $269,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
| Jun 23, 2019 | No longer available | - | |
| No longer available | |||
| Apr 4, 2019 | Listed | $175,000 | |
| Listed | |||
| | |||
|
Welcome home to Ashland Park! This lovely 3bd/2.5ba with 1800 sq ft of living space is waiting for you. The kitchen has been upgraded and features extra tall cherry cabinets, granite countertops, new appliances and a custom kitchen island, adding additional seating, cabinets and counter space. New HVAC in 2018. All bedrooms are on the upper level along with a convenient 2nd floor laundry. Enjoy a large landscaped back yard with privacy fence, oversized deck and garden shed or head over to the 7.7 acre neighborhood park with 2 miles of paved paths. Conveniently located near N Prospect/N Neil shopping, Downtown Champaign and the I57. The manager has listed the unit size as 1806 square feet.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ashland Park
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Listed by: Mark Waldhoff, KELLER WILLIAMS-TREC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12220196
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12220196
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