NOT LISTED FOR SALE

511 W North St Unit 511-513 McLean, IL 61754

Estimated Value: $125,000 - $174,000

-- Bed
1 Bath
1,536 Sq Ft
$95/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $119,000 $77 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,012/month

5 Days on Market

About This Home

As of December 2024

Calling 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 Agent to Sell the Property

Kolton Johner

Freedom Realty License #475199020 Listed on: 10/30/2024

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,197

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
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 26-35-403-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,197

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1969
  • New Construction: No
  • Structure Type: Duplex
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Sloped
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4

Utilities

  • Heating: Electric, Forced Air, Gas, Hot Water, Central Air, Electric Water Heater
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Olympia

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size: .25
  • Parcel #: 26-35-403-002

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3196.76
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 10, 2024
Sold by
Johner Kolton R
Bought by
North Ruby Lou Llc-Series 511-513
Seller's Agent
Kolton Johner
Freedom Realty
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$125,000
Sold Price
$119,000
Premium/Discount to List
-$6,000
-4.8%
Views
3
Current Estimated Value
$146,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,248
Avg. Annual Appreciation
22.90%
Original Mortgage
$130,000
Outstanding Balance
$128,568
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$17,680

Purchase Details

Closed on
Sep 28, 2005
Sold by
Knitter Wilma Y
Bought by
Martindale Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
5.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
North Ruby Lou Llc-Series 511-513 $119,000 None Listed On Document
Martindale Jeffrey S $71,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Ruby Lou Llc-Series 511-513 $130,000
Previous Owner Martindale Jeffrey S $56,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
Source: RMLS Alliance

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 $2,916 $36,530 $5,098 $31,432
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
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kolton Johner

    Freedom Realty

    46 Total Sales

    Kolton Johner
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Agent RMLSA

    Non-MLS

See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1032807

RMLS Alliance

APN: 26-35-403-002

Illinois Mclean County Mclean 61754

511 W North St Unit 511-513, Mclean, IL

Not Listed for Sale

MultiFamily

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