NOT LISTED FOR SALE

401 E Front St Unit 401 1/2 Bloomington, IL 61701

Estimated Value: $151,238 - $200,000

3 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 29, 2021

Last sale price $102,000

Est. 73% increase in value since last sale

Current estimated payment $1,128/month

11 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • 2-minute walk to Bloomington Parks & Recreation
  • Balcony
  • Porch

About This Home

As of July 2021

Great income potential in this two unit property located near downtown Bloomington. The first floor unit offers 1 bedroom and 1 full bathroom with a large living room with dining area and fully equipped kitchen. Hardwood floors and original trim standout in the space. The second level unit features two bedrooms and a full bathroom. Hardwood floors run through most of the living spaces. The living room has access to a large balcony with great city views. This property also has an additional front storage area or office space that leads to a separate entrance to the master bedroom, as well as an unfinished basement with W/D hook ups. Currently zoned as B3. Property is being sold as is. Add this one to your portfolio today!

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 06/23/2021

Last Buyer's Agent

Marti Ryan

Vesta Real Estate LLC License #471020484

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,125

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40x80
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Porch

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,125

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 61-70 Years,Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Oven/Built-in

Exterior Features

  • ExteriorFeatures: Balcony, Porch
  • Foundation Details: Brick/Mortar
  • List Price: 124900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • Elementary School: Sheridan Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 40X80
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2124.88
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 23, 2021
Sold by
Harrison Richard
Bought by
Summer Properties Llc
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Marti Ryan
Vesta Real Estate LLC
List Price
$124,900
Sold Price
$102,000
Premium/Discount to List
-$22,900
-18.33%
Current Estimated Value
$176,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,810
Avg. Annual Appreciation
13.82%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2006
Sold by
Harrison Marsha
Bought by
Harrison Richard
Source: Public Records

Range of Values:

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Average Value
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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
Summer Properties Llc $102,000 Mclean County Title
Harrison Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Summer Properties Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $102,000 -18.3% --
07/05/2021 07/05/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $124,900 -- --
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 $2,428 $33,018 $4,337 $28,681
2022 $2,428 $28,564 $3,752 $24,812
2021 $2,222 $26,149 $3,435 $22,714
2020 $2,131 $25,143 $3,303 $21,840
2019 $2,125 $25,143 $3,303 $21,840
2018 $2,116 $25,143 $3,303 $21,840
2017 $1,612 $25,143 $3,303 $21,840
2016 $1,609 $25,143 $3,303 $21,840
2015 $1,604 $25,143 $3,303 $21,840
2014 -- $25,143 $3,303 $21,840
2013 -- $25,143 $3,303 $21,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11054857

Midwest Real Estate Data (MRED)

APN: 21-04-415-001