3 Lake Park Road — Champaign, IL 61822
Active Under Contract
▼ $130,000
Champaign, IL 61822

3 Lake Park Road

$495,000
3 beds · 3 baths · 2,926 sqft
$130,000 below original 179 days on market $7,302/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$495,000
List price
2,926
Square feet
3
Bedrooms
2 full / 1 half
Bathrooms
1959
Year built
0.49 ac
Lot size
2
Garage spaces
$7,302
Annual taxes
Detached Single
Style
179
Days on market
04Features
Heating
Natural GasSteamBaseboard
Cooling
Central Air
Appliances
RefrigeratorWasherDryerElectric CooktopOven
Parking
ConcreteGarage Door OpenerGarage OwnedAttachedGarage
Construction
Aluminum SidingBrick
Sewer
Public Sewer
05Neighborhood
This home HHigh school
E Elementary school
Unit 4 Of Choice
Champaign, IL
M Middle school
Champaign/Middle Call Unit 4 351
Champaign, IL
H High school
Central High School
Champaign, IL
📍84 mi🚗219 min
  • Applebee's 0.6 mi
  • Subway 0.6 mi
  • Burger King 0.7 mi
  • Domino's 0.7 mi
  • Vinny's 0.7 mi
  • El Rancho Grande II 0.7 mi
  • Aldi 0.7 mi
  • Schnucks 0.7 mi
  • Circle K 0.7 mi
  • Thorntons 0.8 mi
  • Walmart Supercenter 1.4 mi
  • Dohme Park 0.3 mi
  • East Tomaras Park 0.4 mi
  • William A. Smith Park at Prairie Fields 0.6 mi
  • Misty Cove Park 0.8 mi
  • Friendship Crossing 1.0 mi
  • Burwash Park 1.0 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 5, 2026
Price reducedThis listing
KELLER WILLIAMS-TREC
$495,000
−$130,000
Dec 11, 2025
Listed for saleThis listing
KELLER WILLIAMS-TREC
$625,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08See it for yourself

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09Similar homes
Listed by KELLER WILLIAMS-TREC · Barbara Gallivan · 217-202-5999
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12530079
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