Seller's Agent in 2021
George Gramm
RE/MAX
(858) 334-9690
1 in this area
113 Total Sales
1505 Hancock Dr Normal, IL 61761
Westbrooke NeighborhoodEstimated Value: $308,000 - $369,000
12
Beds
6
Baths
--
Sq Ft
9,453
Sq Ft Lot
Highlights
- Screened Deck
- Balcony
- Patio
- Lower Floor Utility Room
- Porch
- Ceiling Fan
About This Home
As of January 20211505 Hancock is a well-maintained, fully leased, investment property near Illinois State University campus. This four-unit apartment has two 4 bed/2 bath units and two 2 bed/1 bath units. Laundry on-site and two assigned parking spots per unit. These apartments have traditionally been leased to students with a furniture/utility package and lease terms by school year included. The floorplans for each of the units and convenient west Normal location also allows for traditional rentals without the student incentive package. Furniture and wall-mounted TV's will be included in sale. The 4-bed units have been recently remodeled featuring a split-level layout with two separate living rooms and full bathrooms on each floor. Great property for any investor.
Last Buyer's Agent
Robbie Osenga
AXIS 360 LLC* License #475180863
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,976
Year Built
- Built in 1978 | Remodeled in 2020
Lot Details
- Lot Dimensions are 72x130.5
- Paved or Partially Paved Lot
Home Design
- Slab Foundation
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Lower Floor Utility Room
- Sump Pump
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Potential Bedrooms
- 6 Bathrooms
Parking
- 8 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Balcony
- Screened Deck
- Patio
- Porch
Schools
- Oakdale Elementary School
- Kingsley Jr High Middle School
- Normal Community West High Schoo
Utilities
- Heating Available
- Multiple Water Heaters
Community Details
Overview
- 4 Units
Building Details
- Gross Income $51,613
- Net Operating Income $21,291
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 26, 2025
Sold by
Mendoza Ricardo B and Mendoza Janess M
Bought by
Hancock Realty Holdings Llc
Current Estimated Value
Purchase Details
Listed on
Oct 8, 2020
Closed on
Jan 14, 2021
Sold by
Interlocken Llc
Bought by
Mendoza Ricardo B and Mendoza Janess M
Seller's Agent
George Gramm
RE/MAX Choice
Buyer's Agent
Robbie Osenga
AXIS 360 LLC*
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$206,250
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2017
Sold by
Endress Ralph and Endress Elsa
Bought by
Jnterlocken Llc South University Series
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hancock Realty Holdings Llc | -- | None Listed On Document | |
| Mendoza Ricardo B | $275,000 | Alliance Land Title | |
| Jnterlocken Llc South University Series | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mendoza Ricardo B | $206,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2021 01/14/21 | Sold | $275,000 | -8.0% | -- |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $299,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,362 | $84,001 | $16,823 | $67,178 |
| 2022 | $5,362 | $59,692 | $13,609 | $46,083 |
| 2021 | $5,179 | $56,319 | $12,840 | $43,479 |
| 2020 | $5,150 | $55,734 | $12,707 | $43,027 |
| 2019 | $4,976 | $55,435 | $12,639 | $42,796 |
| 2018 | $4,921 | $54,848 | $12,505 | $42,343 |
| 2017 | $4,746 | $54,848 | $12,505 | $42,343 |
| 2016 | $4,181 | $54,848 | $12,505 | $42,343 |
| 2015 | $4,055 | $53,563 | $12,212 | $41,351 |
| 2014 | $4,005 | $53,563 | $12,212 | $41,351 |
| 2013 | -- | $53,563 | $12,212 | $41,351 |
Source: Public Records
Agents Affiliated with this Home
-
George Gramm
-
Willow Gramm
Seller Co-Listing Agent in 2021
Willow Gramm
RE/MAX
(309) 824-5703
1 in this area
167 Total Sales
-
R
Buyer's Agent in 2021
Robbie Osenga
AXIS 360 LLC*
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10897014
APN: 14-29-206-004
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