NOT LISTED FOR SALE

606 E Walnut St Bloomington, IL 61701

Estimated Value: $407,944

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

Sale Details

Date Sold: May 17, 2024

Last sale price $390,000

Est. 5% increase in value since last sale

Current estimated payment $3,027 / mo

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

9,888 Sq Ft Lot

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
$407,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,944
Avg. Annual Appreciation
2.24%
Original Mortgage
$585,000
Outstanding Balance
$576,703
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$168,759
Source: Public Records
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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
Sanchez-Ibarra Cesar J $390,000 Alliance Land 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
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

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 $9,822 $131,935 $23,141 $108,794
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

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