Owner
$202,987
305 W ELLS AVE, CHAMPAIGN, IL
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
2
sq. ft.
954
property type
Residential (General) (Single)
hoa
No
About
Residential
Building Quality C
Poor Condition
Building Perimeter
Detached Garage
1.5 Stories
Full Basement
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1912
Building Size
954 sq ft
Lot Size
7,158 sq ft
Lot Size (Acres)
0.16 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
43-20-13-407-005
County
Champaign County, Illinois
Metro Area
Champaign-Urbana, IL
Zoning
—
Neighborhood/Subdivision
AVONDALE PLACE
Lot Number
50
School District
Champaign Community Unit School District 4
Legal Description
LOT 50 AVONDALE PLACE
Tax & Value Information
Market Value (Total)
$142,560
Building Value
$102,480
Land Value
$40,080
Annual Property Tax
$3,903
Tax Assessment Year
2023
Assessed Value
$47,520
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
10/31/2004
Recording Date
11/1/2004
Sales Document #
2004.34534
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$7,855
Return on Investment
15.60%
After Repair Value
$223,286
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$182,688
Renovation Cost
$10,149
Closing Costs (buying)
$3,654
Holding Costs
$5,543
Selling Costs
$13,397
Total Investment
$50,341
After Repair Value (ARV)
$223,286
Total Costs
$215,431
Estimated Profit
$7,855
Cash Invested
$46,687
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area