NOT LISTED FOR SALE

606 E Walnut St Bloomington, IL 61701

Estimated Value: $410,112 - $499,000

2 Beds
-- Bath
-- Sq Ft
9,888 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $390,000

Est. 16% increase in value since last sale

Current estimated payment $3,030/month

4 Days on Market

About This Home

As of May 2024

CALLING all Investors!!! This 6-unit townhouse near Franklin Park will be a great property for you! Each unit has 2 bedrooms and a full bathroom upstairs with a kitchen and living room on the main level. All units have a basement with washer and dryer hookups. These units are fully rented with some month-to-month and 2 units with leases. Tenants pay electricity and gas except for unit 4 they also pay the water bill. Sewer line replaced 2023, some off-street parking available 24 hours notice required for showings. the fair market value for these units are aprox $850-$900 per month Sold " as is"

Last Agent to Sell the Property

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 04/08/2024

Co-Listed By

Denise Evans

eXp Realty License #475180363

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 04/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,257

Year Built

  • Built in 1977

Lot Details

  • 9,888

Parking

  • 8 Open Parking Spaces

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50 x 197
  • Heating System Uses Gas
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, heat, sewer

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $1,149
  • Insurance Expense $2,100
  • Trash Expense $2,450
  • Water Sewer Expense $3,900
  • Gross Income $4,195
  • Net Operating Income $35,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,257

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 1977
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Unfinished
  • Refrigerators: 6
  • Ranges: 6

Garage/Parking

  • OpenParkingSpaces: 8

Utilities

  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 2450
  • Water Sewer Expenses: 3900

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 197
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Sewer
  • Board Number: 23

Multi Family

  • Net Operating Income: 35735
  • Fuel Expense: 1149
  • Insurance Expense: 2100
  • GrossIncome: 4195
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 8256.51
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 17, 2024
Sold by
Dotson Bernard and Dotson Ream M
Bought by
Sanchez-Ibarra Cesar J and Salazar-Monjares Juan Diego
Seller's Agent
Cindy Eckols
RE/MAX Choice
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$421,900
Sold Price
$390,000
Premium/Discount to List
-$31,900
-7.56%
Views
23
Current Estimated Value
$452,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,778
Avg. Annual Appreciation
9.53%
Original Mortgage
$585,000
Outstanding Balance
$576,703
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$123,925
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Sanchez-Ibarra Cesar J $390,000 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez-Ibarra Cesar J $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $390,000 -7.6% --
04/13/2024 04/13/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $421,900 -- --
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 $7,958 $121,146 $21,249 $99,897
2022 $7,958 $93,637 $16,424 $77,213
2021 $7,285 $85,719 $15,035 $70,684
2020 $7,266 $85,719 $15,035 $70,684
2019 $7,244 $85,719 $15,035 $70,684
2018 $6,871 $81,637 $14,319 $67,318
2017 $6,873 $81,637 $14,319 $67,318
2016 $6,861 $81,637 $14,319 $67,318
2015 $6,581 $78,526 $13,773 $64,753
2014 $6,372 $78,526 $13,773 $64,753
2013 -- $78,526 $13,773 $64,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12022757

Midwest Real Estate Data (MRED)

APN: 21-04-226-020