3 Lake Park Road, Champaign, Illinois 61822

Subdivision > Lake Park

$495,000

For Sale
Status: Contingent
Sqft: 2,926
Cost/Sqft: $169
Beds: 3
Baths: 3
Year Built: 1959
Property Taxes: $7,302
Days On Market: 195
Lot Size: 0,49
Map
Street View

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, character, 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 Specifics

Single Family
1959
Yes
0.49
Champaign
Lake Park
670 / Annual
12530079
032036276006

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Unit 4 Of Choice
4
Middle School
Champaign/middle Call Unit 4 351
4 Not in DB
High School
Central High School
4 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
3 Jun, 2026 Under contract $495,000 MRED MLS
Last price change $575,000 MRED MLS
9 Dec, 2025 Listed for sale $625,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: 1
Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
112X206.9X130X152.4
Pull Down Stair,Unfinished
Not in DB

Tax History

Year Property Taxes
2026 $7,302

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Contact Agent

Listing Provided By

KELLER WILLIAMS-TREC