NOT LISTED FOR SALE

521 E Chestnut St Bloomington, IL 61701

Estimated Value: $179,000 - $207,670

4 Beds
4 Baths
-- Sq Ft
7,754 Sq Ft Lot

Sale Details

Date Sold: December 29, 2017

Last sale price $115,000

Est. 73% increase in value since last sale

Current estimated payment $1,407 / mo

155 Days on Market

Highlights

  • Mature Trees
  • Porch
  • Forced Air Heating System
  • Deck

About This Home

As of December 2017

Great income property near Franklin Park. 4 large units currently occupied. Common laundry area (W/D 'as is'). Surface parking with 5 spaces. Nice sized yard, decks, and porch for tenants to enjoy. Tenant pays gas/electric. Owner pays water/garbage and common area electric. Each unit has its own distinctive characteristics. Great investment opportunity.

Last Agent to Sell the Property

Dawn Peters

Keller Williams Revolution License #475168544 Listed on: 06/15/2017

Keller Williams Revolution

Last Buyer's Agent

Mark Kudrys

Freedom Realty License #475153087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,289

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x155
  • Mature Trees

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Bent Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Franklin Park Subdivision

Building Details

  • Manager Expense $876
  • Gross Income $25,400
  • Net Operating Income $16,481

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,289

Year Built

Built in 1920

Lot Details

7,754 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Franklin Park
  • Year Built: 1920
  • Age: 91-100 Years
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Lot Features: Mature Trees
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 876
  • Conversion YN: Y

Schools

  • Elementary School: BENT ELEMENTARY
  • High School: BLOOMINGTON HIGH SCHOOL
  • Middle/Junior School: BLOOMINGTON JR HIGH

Lot Info

  • Lot Dimensions: 50X155

Rental Info

  • Board Number: 23
  • TenantPays: Gas,Electric

Multi Family

  • Net Operating Income: 16481
  • GrossIncome: 25400
  • Units in Building: 4
  • Type-Multi: 2 Story Unit/s,Converted Residence,4 Flat

Tax Info

  • Tax Annual Amount: 3289
  • 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

Listed on
Jun 15, 2017
Closed on
Dec 29, 2017
Sold by
Bought by
Seller's Agent
Dawn Peters
Keller Williams Revolution
Buyer's Agent
Mark Kudrys
Freedom Realty
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%
Current Estimated Value
$198,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,513
Avg. Annual Appreciation
6.31%
Original Mortgage
$23,000
Interest Rate
0.039%
Mortgage Type
Unknown
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
$115,000 Mclean County Title
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 $220,000
Closed $23,000
Closed $92,000
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
12/29/2017 12/29/17 Sold $115,000 -23.3% --
11/17/2017 11/17/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $149,900 -- --
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 $4,019 $53,983 $7,586 $46,397
2024 $3,644 $49,568 $6,965 $42,603
2022 $3,644 $42,882 $6,026 $36,856
2021 $3,336 $39,256 $5,516 $33,740
2020 $3,327 $39,256 $5,516 $33,740
2019 $3,318 $39,256 $5,516 $33,740
2018 $3,304 $39,256 $5,516 $33,740
2017 $3,305 $39,256 $5,516 $33,740
2016 $3,299 $39,256 $5,516 $33,740
2015 $3,290 $39,256 $5,516 $33,740
2014 $3,185 $39,256 $5,516 $33,740
2013 -- $39,256 $5,516 $33,740
Source: Public Records

Agents Affiliated with this Home

  • Dawn Peters

    Seller's Agent in 2017

    Dawn Peters

    Keller Williams Revolution

    (309) 445-3668

    219 Total Sales

    Dawn Peters
    Section Image

  • M

    Buyer's Agent in 2017

    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: 10195422

Midwest Real Estate Data (MRED)

APN: 21-04-232-011

Illinois Mclean County Bloomington 61701

521 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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