$145,000
●
House -
Off Market
703 W Springfield Avenue
Champaign, IL 61820
4 Beds
2 Baths
2,092 Ft²
$149,814
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Over 2000sqft of living space plus a partially finished basement!
This home offers wood floors, original wood trim in most of
the home and loads of charm. A huge enclosed front porch is
an amazing greeting space. 3 bedrooms upstairs are spacious
with unique features and a fourth bedroom is located on the 1st
floor. The partially finished basement includes a rec room,
family room and 2nd bath. This home is ready for the new
owner to come in with their own ideas to paint, update and improve
and the price reflects those needs. There is a ton of
opportunity and possibility in this home and it is waiting for you!
Unit Size
2,092 Ft²
Days on Market
-
Land Size
-
Price per sqft
$69
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1918
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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 #11438409)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by KELLER WILLIAMS-TREC | $144,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Aug 21, 2018 | Listed | $164,900 | |
| Listed | |||
| | |||
|
Wonderful old world charm! Tons of character in this 4 bedroom, 2 bath home offering over 2000 square feet of living space. The main floor offers a large family room with fireplace, and custom built in cabinetry. Dining room with coffered ceiling, fully applianced kitchen with abundant storage, updated bath and a large bedroom. Beautiful hardwood floors and original trim flow throughout the home. The second floor hosts 3 additional bedrooms . The partially finished basement has a full bath, family room, and flex room. Great storage and laundry. There is a wonderful enclosed porch and easy access to the home from the rear alley. Convenient to downtown Champaign, shopping, dining, parks, bus line and the U of I. The exterior of the home has just been repainted. The manager has listed the unit size as 2092 square feet.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wheaten
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Listed by: Mark Waldhoff, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11438409
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: 3 years ago
Data Source: MRED, MLS# 11438409
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