Under Contract

3 Lake Park Road

Champaign, IL 61822

$495,000 $2,086/Mo

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Overview

Bed

Bath

2,926

Sqft

0.49

Acre(Lot)

Description

Experience the rare lifestyle that makes Lake Park Subdivision one of Champaign's most beloved hidden gems, where nature, water views, and community come together in an unforgettable setting. Residents enjoy scenic walking trails, wooded natural areas, community gardens, and approximately seven acres of restored prairie surrounding a stunning six-acre lake with sandy beach access for swimming, fishing, relaxing by the water, and non-motorized boating. It's a peaceful retreat that feels miles away from the everyday while remaining conveniently close to Champaign's shopping, dining, medical facilities, and the University of Illinois. Perfectly positioned to capture sweeping lake views, this beautifully maintained three-bedroom, two-and-a-half-bath one-and-a-half-story home offers warmth, ch aracter, and flexible living spaces throughout. The spacious first-floor primary suite features hardwood flooring, custom interior shutters, a full wall of closets plus a walk-in closet, and a private en suite bath with dual vanities, a step-in shower, and a jacuzzi tub. Convenient access to the laundry room is just off the suite. Filled with natural light, the dramatic living room showcases expansive windows overlooking the lake and a cozy fireplace that anchors the space. A separate family room provides a second fireplace, extensive wall-to-wall built-ins, and additional walk-in storage. The kitchen offers abundant cabinet and countertop space, built-in cabinetry, and a charming breakfast nook ideal for morning coffee with peaceful views. Adjacent to the kitchen is a versatile bonus space perfect for a pantry extension, home office, or everyday drop zone. One of the home's most unique features is the bright studio retreat just off the breakfast nook, complete with its own split-unit heating and cooling system for year-round comfort. Originally designed as an art studio, this inspiring space would also make an ideal home office, fitness room, creative studio, or sunroom. Upstairs are two additional bedrooms and a full bathroom. One bedroom includes a walk-in closet, while the other provides direct access to an expansive unfinished attic offering incredible storage potential. Life in Lake Park is about more than just the home itself; it's about morning walks along wooded trails, afternoons spent by the lake, evenings watching sunsets shimmer across the water, and the rare sense of peace and connection this special neighborhood provides. Combined with low county taxes, this is an exceptional opportunity to enjoy one of Champaign's most distinctive lake-centered communities.

Property Details

Property Type : Residential

Price : $495,000

AD Id : 70784639

MLS Id : MRD12530079

Beds : 3

Lot Size : 0.49 Acre

Living Area Size : 2,926

Year Built : 1959

Garage : 2

County : Champaign

Subdivision: Lake Park

Map

Features

Bedroom Information

Total Bedroom: 3 Room Types: Eating Area, Heated Sun Room

Bathroom Information

Total Baths: 3 Full Baths: 2 Half Baths: 1

Room Information

Rooms Total: 9

Interior Features

1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s) Roof: Asphalt Appliances: Refrigerator, Washer, Dryer, Electric Cooktop, Oven Laundry Features: Main Level, Electric Dryer Hookup, Sink

Roofing Information

Asphalt
Flooring Information

Flooring: Hardwood Construction Materials: Aluminum Siding, Brick
Heating & Cooling

Heating: Natural Gas, Steam, Baseboard Cooling: Central Air Water front: 1 WaterSource: Public

Building Information

Year Built: 1959

Lot Information

Lot Dimensions: 112X206.9X130X152.4 Lot Description: Mature Trees Lot Acres: 0.49 Lot Size: .25-.49 Acre

Property Information

Property Type: Residential Sub Type: Detached Single Type Detached: 1.5 Story

Listing Price Information

Original List Price:$625000

Tax Information

Annual Tax: $7302 Tax Year: 2024 Parcel Number: 032036276006 Tax Exemption: Homeowner,Senior

Parking Information

Total Parking: 2 Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage Is Parking Included in Price: Yes

Garage Information

Garage Space: 2

Homeowners Association Information

Included Fees: Lake Rights, Other HOA: $670.00 Annually

School Information

Elementary School: Unit 4 Of Choice Junior High School: Champaign/Middle Call Unit 4 351 Senior High School: Central High School
Utility Information

Sewer: Public Sewer Water Source: Public
Location Information

Subdivision: Lake Park City: Champaign Direction: Take South 1st street to Lake Park Road

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Nearby Home Value

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2102 Laurel Park Place, Champaign, IL, 61822	$498,500	3	4	2,235	2,235 SqFt
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3405 Lakeshore Drive, Champaign, IL, 61822	$430,000	4	3	2,675	2,675 SqFt
4804 Oakdale Drive, Champaign, IL, 61822	$665,000	5	5	2,630	2,630 SqFt
2909 Greystone Place, Champaign, IL, 61822	$499,000	4	3	2,698	2,698 SqFt
2515 Clayton Boulevard, Champaign, IL, 61822	$229,000	3	3	1,707	1,707 SqFt

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ByOwner last updated this listing 06/08/2026 @ 06:20

MLS: MRED #12530079 LISTED BY: Barbara Gallivan, KELLER WILLIAMS-TREC 217-356-6100 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)