NOT LISTED FOR SALE

1200 Major St Normal, IL 61761

Estimated Value: $222,645 - $260,000

8 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold September 19, 2019

Last sale price $85,000

Est. 182% increase in value since last sale

Current estimated payment $1,553/month

43 Days on Market

About This Home

As of September 2019

This home is located at 1200 Major St, Normal, IL 61761 since 06 June 2019 and is currently estimated at $239,661. This property was built in 1971. 1200 Major St is a home located in McLean County with nearby schools including Oakdale Elementary School, Kingsley Junior High School, and Normal Community West High School.

Last Agent to Sell the Property

Laura Pritts

AXIS 360 LLC* License #471021573 Listed on: 06/06/2019

Last Buyer's Agent

Robert Garcia

eXp Realty, LLC Schaumburg

eXp Realty, LLC Schaumburg

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 85 x 160

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Oakdale Elementary School
  • Parkside Jr High Middle School
  • Normal Community West High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $540
  • Fuel Expense $1,785
  • Insurance Expense $1,100
  • Manager Expense $1,393
  • Professional Management Expense $570
  • Trash Expense $720
  • Water Sewer Expense $2,694
  • Gross Income $24,410
  • Net Operating Income $11,868

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Professional Management Expense: 570
  • Subdivision Name: NOT APPLICABLE
  • Year Built: 1971
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 1393
  • Conversion YN: N

Fee Information

  • Trash Expense: 720
  • Water Sewer Expenses: 2694
  • Trash Expense Year: 18

Schools

  • Elementary School: OAKDALE ELEMENTARY
  • High School: Normal Community West
  • Middle/Junior School: PARKSIDE JR HIGH

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 85 X 160
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 11868
  • Fuel Expense: 1785
  • Insurance Expense: 1100
  • ElectricExpense: 540
  • GrossIncome: 24410
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 4921.36
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Mclean County
Bought by
Sun Down Express Llc and Regal Realty Group Llc
Current Estimated Value
$239,661

Purchase Details

Listed on
Jun 6, 2019
Closed on
Sep 19, 2019
Sold by
Hintzsche Ron and Knetsch Stanley B
Bought by
Regel Realty Gorup Llc
Seller's Agent
Laura Pritts
AXIS 360 LLC*
Buyer's Agent
Robert Garcia
eXp Realty, LLC Schaumburg
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%
Original Mortgage
$68,000
Interest Rate
4.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sun Down Express Llc $60,000 None Listed On Document
Regel Realty Gorup Llc $85,000 Frontier Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regel Realty Gorup Llc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2019 09/19/19 Sold $85,000 -14.9% --
07/19/2019 07/19/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $99,900 0.0% --
07/17/2019 07/17/19 Price Changed $99,900 -13.1% --
06/18/2019 06/18/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $115,000 -- --
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 $3,617 $62,634 $16,823 $45,811
2022 $3,617 $40,268 $13,609 $26,659
2021 $3,494 $37,992 $12,840 $25,152
2020 $3,475 $37,598 $12,707 $24,891
2019 $3,357 $37,396 $12,639 $24,757
2018 $4,921 $54,848 $12,505 $42,343
2017 $4,746 $54,848 $12,505 $42,343
2016 $4,694 $54,848 $12,505 $42,343
2015 $4,567 $53,563 $12,212 $41,351
2014 $4,511 $53,563 $12,212 $41,351
2013 -- $53,563 $12,212 $41,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10407028

Midwest Real Estate Data (MRED)

APN: 14-32-278-015