NOT LISTED FOR SALE

1009 Elder St Bloomington, IL 61701

Estimated Value: $211,000 - $269,000

5 Beds
5 Baths
-- Sq Ft
7,013 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $235,000

Est. 1% increase in value since last sale

Current estimated payment $1,545/month

39 Days on Market

About This Home

As of August 2023

New roof in 2023! Located in Bloomington, IL next to downtown urban core, Illinois State, and Illinois Wesleyan University. This is a 4 unit building ranging $2,400-$3,000+ with Airbnb rentals. This will make great "house hack" living in one unit and renting the other units out. Must have 24 hour notice for residents. ***Can add 816 E Grove Street, Bloomington, IL, 61701 as package. "Agent Owned"

Last Agent to Sell the Property

Quentin McNew

eXp Realty-Schaumburg License #475175106 Listed on: 07/03/2023

eXp Realty-Schaumburg

Last Buyer's Agent

Kathy O'brien Boston

Coldwell Banker Real Estate Group License #475122748

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,276

Year Renovated

  • 2020

Lot Details

  • 7,013

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 58x120
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,276

Year Renovated

2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator
  • AppliancesAndFeatures: Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Lot Info

  • Lot Dimensions: 58X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 3276
  • Tax Year: 2022

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 17, 2023
Sold by
Cashflow Associates Llc
Bought by
Mikes Rentals-Bloomington Llc
Seller's Agent
Quentin McNew
eXp Realty-Schaumburg
Buyer's Agent
Kathy O'brien Boston
Coldwell Banker Real Estate Group
List Price
$293,000
Sold Price
$235,000
Premium/Discount to List
-$58,000
-19.8%
Views
118
Current Estimated Value
$238,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,093
Avg. Annual Appreciation
0.54%

Purchase Details

Closed on
Apr 8, 2015
Sold by
Granite Real Estate Investments Llc
Bought by
Champaign Capital Llc

Purchase Details

Closed on
Mar 10, 2011
Sold by
Granite Investments Llc
Bought by
Granite Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,685
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2009
Sold by
American Home Mortgage Servicing Inc
Bought by
National Asset Management Group Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mikes Rentals-Bloomington Llc $235,000 None Listed On Document
Champaign Capital Llc $292,000 None Available
Granite Real Estate Investments Llc -- First Community Title
National Asset Management Group Llc $7,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granite Real Estate Investments Llc $130,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $235,000 -7.1% --
08/12/2023 08/12/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $253,000 -9.0% --
07/26/2023 07/26/23 Price Changed $278,000 -5.1% --
07/03/2023 07/03/23 For Sale $293,000 -- --
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 $3,599 $48,946 $6,546 $42,400
2022 $3,599 $42,343 $5,662 $36,681
2021 $3,294 $38,762 $5,183 $33,579
2020 $3,286 $38,762 $5,183 $33,579
2019 $3,276 $38,762 $5,183 $33,579
2018 $3,262 $38,762 $5,183 $33,579
2017 $3,263 $38,762 $5,183 $33,579
2016 $3,258 $38,762 $5,183 $33,579
2015 $3,248 $38,762 $5,183 $33,579
2014 $3,145 $38,762 $5,183 $33,579
2013 -- $38,762 $5,183 $33,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11822108

Midwest Real Estate Data (MRED)

APN: 21-04-228-004