NOT LISTED FOR SALE

901 N Prospect Ave Champaign, IL 61820

Estimated Value: $232,475

1 Bed
2 Baths
3,230 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $169,000 $52 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,509/month

35 Days on Market

About This Home

As of October 2020

For your consideration is this very useful brick building in the heart of Champaign, IL. Close to shopping and the bustling retail corridor of Champaign. This property is zoned SF1 and is currently functioning as a place of worship. Previously, this property was a martial arts studio. Contact the City of Champaign to verify your intended use meets with local zoning ordinances. The property is currently set up with a sound booth, private office, large sanctuary with stage and favorable acoustics, kitchen, dining area, two classrooms, and two bathrooms. 3,230 large square feet of opportunities await your imagination!

Last Agent to Sell the Property

Brandon Moore

RE/MAX REALTY ASSOCIATES-CHA License #475119265 Listed on: 08/07/2020

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Brandon Moore

RE/MAX REALTY ASSOCIATES-CHA License #475119265 Listed on: 08/07/2020

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Lot Details

  • 7,841

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Parking

  • Parking Available
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas

Listing and Financial Details

  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: Unknown
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Square Footage Comments: Sq footage calculated by floorplan of Premium Exposures
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 3230
  • Type Detached: 1 Story
  • Estimated Year Built: U
  • Total Sq Ft: 3230
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 3
  • Basement: Slab
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 22X13, On Level: Main Level
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X15, On Level: Main Level
  • Estimated Sq Ft: 3230
  • Estimated Total Finished Sq Ft: 3230
  • Main Level Sq Ft: 3230

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.18

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air, 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 130 X 61.3 X 130 X 61.17
  • Parcel Identification Number: 412011232020

Tax Info

  • Taxes: 3272.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 1, 2020
Sold by
Quintas Alfonso and Leus Elizabeth
Bought by
The Apostolic Faith Church Assembly Inc
Seller's Agent
Brandon Moore
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Brandon Moore
RE/MAX REALTY ASSOCIATES-CHA
List Price
$159,000
Sold Price
$169,000
Premium/Discount to List
$10,000
6.29%
Current Estimated Value
$232,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,475
Avg. Annual Appreciation
5.68%
Original Mortgage
$272,000
Outstanding Balance
$244,240
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$22,431

Purchase Details

Closed on
Nov 4, 2015
Sold by
Wallace Margaret R
Bought by
Guzman Jose A and Lemus Elizabeth
Source: Public Records

Range of Values:

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Average Value
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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
The Apostolic Faith Church Assembly Inc $169,000 None Available
Guzman Jose A $157,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Apostolic Faith Church Assembly Inc $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $169,000 +6.3% $52 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $159,000 -- $49 / 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 $3,380 -- -- --
2022 $3,380 $0 $0 $0
2021 $3,380 $0 $0 $0
2020 $3,380 $36,870 $13,310 $23,560
2019 $3,273 $36,120 $13,040 $23,080
2018 $3,199 $35,550 $12,830 $22,720
2017 $3,212 $35,550 $12,830 $22,720
2016 $2,880 $34,820 $12,570 $22,250
2015 $2,903 $34,210 $12,350 $21,860
2014 $2,878 $34,210 $12,350 $21,860
2013 $2,852 $34,210 $12,350 $21,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10811220

Midwest Real Estate Data (MRED)

APN: 41-20-11-232-020