NOT LISTED FOR SALE

2106 E Empire St Bloomington, IL 61704

Lakewood-Hillcrest Neighborhood

Estimated Value: $308,000 - $1,942,557

6 Beds
-- Baths
18,272 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2018

Last sale price $700,000 $38 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,514 / mo

128 Days on Market

About This Home

As of January 2018

4 Building Apartment Complex, 2106, 2108, 2110 and 2112 sold as One Package. Built between 1970-1974. The Legal Description and Tax ID# are for 2106 Only. The Lot Size, Real Estate Taxes and Income and Expenses are for All Four Buildings. Each Building has own Coin Operated Laundry, Owner pays Water, Gas and Garbage. Newer Broiler in 2106, 2108, and 2110.

Last Agent to Sell the Property

Pamela Rieger

Schrof Companies Inc License #471001082 Listed on: 06/19/2017

Co-Listed By

Greg Schrof

Schrof Companies Inc

Last Buyer's Agent

Pamela Rieger

Schrof Companies Inc License #471001082 Listed on: 06/19/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,575

Year Built

  • Built in 1970

Lot Details

  • 1.34

Home Design

  • Slab Foundation

Interior Spaces

  • 18,272 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 28 Units

Building Details

  • Electric Expense $4,115
  • Fuel Expense $6,519
  • Insurance Expense $10,280
  • Maintenance Expense $6,186
  • Manager Expense $6,628
  • Other Expense $3,609
  • Water Sewer Expense $11,187
  • Operating Expense $81,795
  • Gross Income $151,920
  • Net Operating Income $72,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,575

Year Built

Built in 1970

Lot Details

1.34 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1970
  • Legal Description: FOURTH ADDN TO LINCOLNWOOD SUBN LOT 167
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Slab,None

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Outdoor Parking: 31-50 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Hot Water,Gas

Condo/Co-op/Association

  • Manager Expense: 6628
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 11187

Lot Info

  • Lot Dimensions: 58,440

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 18272

Multi Family

  • Net Operating Income: 72125
  • Fuel Expense: 6519
  • Insurance Expense: 10280
  • ElectricExpense: 4115
  • GrossIncome: 151920
  • Maintenance Expense: 6186
  • NumberOfUnitsTotal: 28
  • OperatingExpense: 81795
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 25575
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Imat Group Llc
Bought by
Current Estimated Value
$1,213,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,623,400
Outstanding Balance
$3,411,068
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
-$2,197,882
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lakewood-Hillcrest, IL

  • Karen Wilson Real Estate Agent - Coldwell Banker Real Estate Group

    Karen Wilson

    Coldwell Banker Real Estate Group

    (309) 485-5516

    217 Total Sales

    8 in Lakewood-Hillcrest

    $93K - $328K Price Range

    Karen Wilson
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  • Greg Zavitz Real Estate Agent - Coldwell Banker Real Estate Group

    Greg Zavitz

    Responds Quickly

    Coldwell Banker Real Estate Group

    (309) 485-5869

    169 Total Sales

    10 in Lakewood-Hillcrest

    $140K - $329K Price Range

    Greg Zavitz
     Section Image
  • Becky Gerig Real Estate Agent - RE/MAX Choice

    Becky Gerig

    Responds Quickly

    RE/MAX Choice

    (309) 503-0970

    293 Total Sales

    9 in Lakewood-Hillcrest

    $69K - $280K Price Range

    Becky Gerig
     Section Image
  • Sreenivas Poondru Real Estate Agent - Brilliant Real Estate

    Sreenivas Poondru

    Brilliant Real Estate

    (279) 777-9708

    149 Total Sales

    20 in Lakewood-Hillcrest

    $153K - $300K Price Range

    Sreenivas Poondru
     Section Image
  • Monica Washington Real Estate Agent - Coldwell Banker Real Estate Group

    Monica Washington

    Responds Quickly

    Coldwell Banker Real Estate Group

    (309) 485-5652

    87 Total Sales

    4 in Lakewood-Hillcrest

    $110K - $260K Price Range

    Monica Washington
     Section Image
  • Lindsay Prewitt Real Estate Agent - eXp Realty

    Lindsay Prewitt

    eXp Realty

    (309) 490-8455

    218 Total Sales

    7 in Lakewood-Hillcrest

    $175K - $375K Price Range

    Lindsay Prewitt
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,645,333 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,623,400
Previous Owner Imat Groupe Llc $1,150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $700,000 -16.7% $38 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $840,000 -- $46 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $33,804 $454,054 $127,423 $326,631
2024 $27,388 $416,919 $117,002 $299,917
2022 $27,388 $322,249 $90,434 $231,815
2021 $25,071 $295,000 $82,787 $212,213
Source: Public Records

Agents Affiliated with this Home

  • Pamela Rieger Real Estate Agent - Schrof Companies Inc

    Seller's Agent in 2018

    Pamela Rieger

    Schrof Companies Inc

    (815) 250-4027

    7 Total Sales

    Pamela Rieger
    Section Image

  • GS

    Seller Co-Listing Agent in 2018

    Greg Schrof

    Schrof Companies Inc

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10245751

Midwest Real Estate Data (MRED)

APN: 14-35-481-019

Illinois Mclean County Bloomington 61704 Lakewood-Hillcrest

2106 E Empire St, Bloomington, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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