NOT LISTED FOR SALE

1901 Tracy Dr Bloomington, IL 61704

Estimated Value: $577,186

23 Beds
12 Baths
13,431 Sq Ft
$43/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $575,000 $43 Per Sq Ft

Current estimated payment $4,261/month

21 Days on Market

About This Home

As of August 2024

OMG the potential here!!!!! All units have 2 bedrooms, 1 bath Living room dinning room & kitchen. There is a possibility for washer & dryer in the units or there is room in the basement for coin operated laundry. There is 1 new hot water tank for the building. Tenants pay heat, & AC. Landlord pays for water, garbage, landscaping, snow & gas for hot water.

Last Agent to Sell the Property

Laura Catrambone-Gerace

Coldwell Banker Stratford Place License #471019032 Listed on: 05/13/2024

Coldwell Banker Stratford Place

Last Buyer's Agent

Kristy Allred

Coldwell Banker Real Estate Group License #475160384

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,693

Year Built

  • Built in 1985

Lot Details

  • 0.92

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 12 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50x100
  • Heating Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $3,360
  • Fuel Expense $1,800
  • Insurance Expense $3,375
  • Manager Expense $7,110
  • Other Expense $1,500
  • Trash Expense $2,300
  • Water Sewer Expense $4,800
  • Operating Expense $19,535
  • Gross Income $7,110
  • Net Operating Income $50,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,693

Year Built

Built in 1985

Lot Details

0.92 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1985
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 26-35 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 23
  • Room: 0

Utilities

  • Heat/Ventilation: Electric

Condo/Co-op/Association

  • Manager Expense: 7110

Fee Information

  • Trash Expense: 2300
  • Water Sewer Expenses: 4800
  • Operating Expense Includes: Accounting

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X100
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 50092
  • Fuel Expense: 1800
  • Insurance Expense: 3375
  • ElectricExpense: 3360
  • GrossIncome: 7110
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 19535
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 15693
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 9, 2024
Sold by
Pandolfo Victoria M
Bought by
Skdg Holdings Llc
Seller's Agent
Laura Catrambone-Gerace
Coldwell Banker Stratford Place
Buyer's Agent
Kristy Allred
Coldwell Banker Real Estate Group
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Views
16
Current Estimated Value
$577,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,186
Original Mortgage
$920,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2018
Sold by
Midstate Properties Llc
Bought by
Pandolfo Victoria M
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Skdg Holdings Llc $1,150,000 Carrington Title Partners
Pandolfo Victoria M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skdg Holdings Llc $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $575,000 0.0% $43 / Sq Ft
08/19/2024 08/19/24 Sold $575,000 -4.2% $43 / Sq Ft View Prior Sale
06/04/2024 06/04/24 Pending -- -- --
06/04/2024 06/04/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $599,900 0.0% $45 / Sq Ft
05/06/2024 05/06/24 For Sale $599,900 -- $45 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $15,494 $191,666 $41,579 $150,087
2022 $15,494 $175,352 $31,366 $143,986
2021 $14,840 $165,979 $29,689 $136,290
2020 $14,859 $165,979 $29,689 $136,290
2019 $14,377 $165,979 $29,689 $136,290
2018 $14,081 $162,725 $29,107 $133,618
2017 $13,509 $162,725 $29,107 $133,618
2016 $13,472 $162,725 $29,107 $133,618
2015 $12,832 $154,976 $27,721 $127,255
2014 -- $154,976 $27,721 $127,255
2013 -- $154,976 $27,721 $127,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12054857

Midwest Real Estate Data (MRED)

APN: 21-16-133-013

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