NOT LISTED FOR SALE

517 E Chestnut St Bloomington, IL 61701

Estimated Value: $227,116 - $296,000

5 Beds
5 Baths
4,470 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2015

Last sale price $150,000 $34 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,767 / mo

542 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Franklin Park

About This Home

As of December 2015

Beautiful East side conversion, 5 units, all utilities, expense listed as gas, all expenses are believed to be reasonable projections. All units and common areas recently refreshed and updated, back up gas F/A heat, in basement, REO property, newer roof or on addition. Main roof recently repaired.

Last Agent to Sell the Property

Darren Sheehan

Coldwell Banker Real Estate Group Listed on: 05/09/2014

Coldwell Banker Real Estate Group

Last Buyer's Agent

Mark Kudrys

Freedom Realty License #475153087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1940

Lot Details

  • 7,750 Sq Ft Lot
  • Lot Dimensions are 50x155

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 4,470 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $3,500
  • Insurance Expense $1,600
  • Maintenance Expense $3,200
  • Other Expense $1,950
  • Operating Expense $14,750
  • Gross Income $35,340
  • Net Operating Income $20,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Year Built

Built in 1940

Lot Details

7,750 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats,Condo/Townhouse
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Unfinished

Exterior Features

  • Exterior Building Type: Wood Siding

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Forced Air,Gas,Electric

Condo/Co-op/Association

  • Conversion YN: Y

Lot Info

  • Lot Dimensions: 50X155
  • Lot Size Sq Ft: 7750

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 4470

Multi Family

  • Net Operating Income: 20590
  • Fuel Expense: 3500
  • Insurance Expense: 1600
  • GrossIncome: 35340
  • Maintenance Expense: 3200
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 14750
  • Type Multi-Family: Flats,Condo/Townhouse

Tax Info

  • Tax Annual Amount: 4200
  • Tax Year: 14

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

Listed on
May 9, 2014
Closed on
Dec 14, 2015
Sold by
Bought by
Seller's Agent
Darren Sheehan
Coldwell Banker Real Estate Group
Buyer's Agent
Mark Kudrys
Freedom Realty
List Price
$209,900
Sold Price
$150,000
Premium/Discount to List
-$59,900
-28.54%
Current Estimated Value
$258,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,815
Avg. Annual Appreciation
5.19%
Original Mortgage
$120,000
Interest Rate
0.0393%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2004
Sold by
Bought by
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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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
$150,000 None Available
-- Mclean County Title
$148,000 None Available
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
Closed $176,000
Closed $120,000
Closed $187,000
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
12/22/2015 12/22/15 Sold $150,000 -28.5% $34 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
05/09/2014 05/09/14 For Sale $209,900 -- $47 / 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 $4,423 $59,407 $7,586 $51,821
2024 $4,011 $54,548 $6,965 $47,583
2022 $4,011 $47,190 $6,026 $41,164
2021 $3,671 $43,200 $5,516 $37,684
2020 $3,662 $43,200 $5,516 $37,684
2019 $3,651 $43,200 $5,516 $37,684
2018 $3,636 $43,200 $5,516 $37,684
2017 $3,637 $43,200 $5,516 $37,684
2016 $3,631 $43,200 $5,516 $37,684
2015 $4,403 $52,542 $5,516 $47,026
2014 $4,263 $52,542 $5,516 $47,026
2013 -- $52,542 $5,516 $47,026
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Darren Sheehan

    Coldwell Banker Real Estate Group

    Section Image

  • M

    Buyer's Agent in 2015

    Mark Kudrys

    Freedom Realty

    (309) 531-4799

    19 Total Sales

    Mark Kudrys
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10222419

Midwest Real Estate Data (MRED)

APN: 21-04-232-009

Illinois Mclean County Bloomington 61701

517 E Chestnut 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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