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Champaign 61820 Clark
608 Hessel Boulevard
$231,000
● House - Off Market

608 Hessel Boulevard

Champaign, IL 61820
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,124 Ft²
$1,487
Est. Monthly
7.42%
Cap Rate

About This Property

Beautiful cozy home located just blocks from Hessel park.  This house has nice modern updates to the windows, kitchen, and mechanicals but still has tons of charm.  The charming bathroom has ceramic tile wainscoting and a glass block window for tons of natural light without sacrificing privacy.  The living room wood stove is great for cozy winter evenings.  The covered front porch and private rear deck are great for enjoying warm weather.  Broker owned.  Seller is related to listing agent.
Unit Size
1,124 Ft²
Days on Market
-
Land Size
-
Price per sqft
$205
Property Type
House
Property Taxes
$357
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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,375
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY CLUB MANOR - CHAMPAIGN
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT PT 8 BLOCK 2 COUNTRY CLUB MANOR - CHAMPAIGN

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000500

Geography

  • District: 04
  • Parcel: 43-20-13-328-012
  • Block: 2
  • Lot: 8
  • Meridian: SEC 13 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1027
  • Longitude: -88.2531

    Address

  • Full Address: 608 Hessel Blvd
  • Address - House Number: 608
  • Address - Street Name: Hessel
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Champaign
  • Carrier Code: C072
  • 4-Digit Zip Code: 6329
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $370,868
  • Tax Rate Code Area: 4302

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 176,739
  • High Value: 216,550
  • Low Value: 136,928

    Market Valuation

  • Market Total Value: $138,990
  • Market Land Value: $62,580
  • Market Improvement Value: $76,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,330
  • Assessed Land Value: $20,860
  • Assessed Improvements Value: $25,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2003
  • Current Sale Recording Date: Mar 05, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2003R09687
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 Clark

Stats & Trends

Median Asking:

$279,000

Sale Price/ft²

$189

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1387 ft²

Average Home Age

80.8 years

Currently For Sale

9 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: Nicholas Ward, JOEL WARD HOMES, INC
Data Source: MRED, MLS# MRD12363884
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 608 Hessel Boulevard built and last sold?
The property at 608 Hessel Boulevard was built in 1947 and last sold on Mar 4, 2003 for $97,000.
How much is this home worth?
The estimated value of the home located at 608 Hessel Boulevard is $0.
What are some comparable homes to 608 Hessel Boulevard?
There are currently no comparable homes to 608 Hessel Boulevard.
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