511 W North St Unit 511-513 McLean, IL 61754
About This Home
As of December 2024Calling all investors! Check out this property located just 15 minutes from Bloomington which features (2) two-bedroom one bath homes with full unfinished basements. Both units have been rented by the same tenants for 2+ years grossing $1600 in total monthly rent. Tenants pay all utilities. A new water heater and central air unit have been installed in 511 this year and a new furnace was installed in 513 in 2023! If you're looking for cash-flow from the start and good rental history - you're in the right place! Cash or conventional only please. *AGENT OWNED*
Last Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,916
Year Built
- Built in 1969
Lot Details
- 0.25 Acre Lot
- Sloped Lot
Parking
- 4 Parking Spaces
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,536 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Schools
- Olympia High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 26-35-403-002
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $119,000 | -4.8% | $77 / Sq Ft |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- |
| 10/30/2024 10/30/24 | For Sale | $125,000 | -- | $81 / Sq Ft |
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 |
|---|---|---|---|---|
| 2022 | $2,916 | $29,603 | $4,131 | $25,472 |
| 2021 | $2,747 | $27,877 | $3,890 | $23,987 |
| 2020 | $2,721 | $27,368 | $3,819 | $23,549 |
| 2019 | $2,706 | $27,368 | $3,819 | $23,549 |
| 2018 | $2,703 | $27,368 | $3,819 | $23,549 |
| 2017 | $2,720 | $27,368 | $3,819 | $23,549 |
| 2016 | $2,647 | $26,871 | $3,750 | $23,121 |
| 2015 | $2,551 | $26,016 | $3,631 | $22,385 |
| 2014 | -- | $25,293 | $3,530 | $21,763 |
| 2013 | -- | $25,045 | $3,495 | $21,550 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,000 | New Conventional | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $74,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $56,800 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $119,000 | None Listed On Document | |
| Warranty Deed | $71,000 | None Available |
Source: RMLS Alliance
MLS Number: CA1032807
APN: 26-35-403-002
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