NOT LISTED FOR SALE

611 W Bradley Ave Champaign, IL 61820

Estimated Value: $123,000 - $143,000

6 Beds
2 Baths
918 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $110,000 $120 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $957/month

43 Days on Market

Highlights

  • Corner Lot
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Central High School Rated A
  • 2 Car Detached Garage
  • 2-minute walk to Spalding Park

About This Home

As of December 2021

CASH FLOW, CASH FLOW! If you are looking for a turnkey, investment property to add to your portfolio, THIS IS IT. 2-units, each 3 Bedrooms 1 Bathroom. Shared laundry onsite. Both units COMPLETELY RENOVATED in 2017. New Roof on House and Garage 2020, New A/Cs for both units 2019, New Water Heaters for both units 2019, New Furnace for 1st floor unit 2016. Garage not used by tenants. Owner pays water, sewer, garbage. 24 hr notice needed; schedule your appointment today! Broker interest.

Last Agent to Sell the Property

Joanna Smith

Real Broker, LLC License #475182009 Listed on: 08/04/2021

Real Broker, LLC

Last Buyer's Agent

Carlos Patino

RE/MAX MI CASA License #475126754

RE/MAX MI CASA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1942 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 60x106
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Champaign Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $18,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,634

Year Built

Built in 1942 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1942
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Legal Description: LOT 13 BLOCK 1 HUBBARDS'S ADD CHAMPAIGN AND OTHER LAND
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Utility Room-Lower Level
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 109900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Elementary School: Champaign Elementary School
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X106
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Multi Family

  • GrossIncome: 18720
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,Converted Residence

Tax Info

  • Tax Annual Amount: 2634.12
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Dec 30, 2021
Sold by
Smith Cody
Bought by
Ortiz Omar
Seller's Agent
Joanna Smith
Real Broker, LLC
Buyer's Agent
Carlos Patino
RE/MAX MI CASA
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$132,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,478
Avg. Annual Appreciation
5.50%
Original Mortgage
$93,500
Outstanding Balance
$87,257
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$45,221

Purchase Details

Closed on
Feb 24, 2017
Sold by
Jictb Inc
Bought by
Smith Cody C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2013
Sold by
Strong Investment Properties Llc
Bought by
Janson Investment Co
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ortiz Omar $110,000 None Available
Smith Cody C $42,000 None Available
Janson Investment Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Omar $93,500
Previous Owner Smith Cody C $68,000
Previous Owner Smith Cody C $33,600
Previous Owner Janson Investment Company $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $110,000 -4.3% $120 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $115,000 -- $125 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,628 $34,020 $2,570 $31,450
2023 $2,628 $30,980 $2,340 $28,640
2022 $2,628 $28,580 $2,160 $26,420
2021 $2,565 $28,020 $2,120 $25,900
2020 $2,634 $28,730 $2,170 $26,560
2019 $2,550 $28,140 $2,130 $26,010
2018 $2,493 $27,700 $2,100 $25,600
2017 $2,503 $27,700 $2,100 $25,600
2016 $2,244 $27,130 $2,060 $25,070
2015 $2,261 $26,650 $2,020 $24,630
2014 $1,737 $26,650 $2,020 $24,630
2013 $2,222 $26,650 $2,020 $24,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11178176

Midwest Real Estate Data (MRED)

APN: 42-20-12-126-001