NOT LISTED FOR SALE

607 E Washington St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $279,000 - $323,000

5 Beds
6 Baths
-- Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: August 23, 2018

Last sale price $300,000

Est. 4% increase in value since last sale

Current estimated payment $2,279 / mo

64 Days on Market

Highlights

  • Laundry Room
  • Wood Siding
  • 4-minute walk to Bloomington Parks & Recreation

About This Home

As of August 2018

Amazing Investment Opportunity. 607 and 609 are being sold together, each house has 6 apartments. All apartments are 1 bedroom and 1 bath except 607-2 is a studio. The rents listed are for 607 and I have included 609 rents in associated docs. They are separate parcel numbers which are listed above but the tax amount is for both homes.They are currently managed by Redbird Management but contract is terminated upon sale. Rents vary from month to month to 1 year. Leases available upon offer. All units have boiler heat and no A/C except 609-6 has its own furnace and window A/C.

Last Agent to Sell the Property

Kristal Green

RE/MAX Rising License #475129097 Listed on: 05/03/2018

RE/MAX Rising

Last Buyer's Agent

Tracy Haas Riley

BHHS Central Illinois, REALTORS License #471003669

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,359

Year Built

  • Built in 1890

Lot Details

  • 0.26

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Unfinished Basement

Utilities

  • No Cooling

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $4,440
  • Fuel Expense $4,440
  • Insurance Expense $9,000
  • Water Sewer Expense $2,160
  • Operating Expense $18,000
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,359

Year Built

Built in 1890

Lot Details

0.26 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1890
  • Legal Description: SUBN SW 4-23-2E W75', E135' LOT 4 & 6
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Unfinished
  • Misc Inside: Laundry Room,Inside Corridor/s

Exterior Features

  • Exterior Building Type: Wood Siding

Garage/Parking

  • Outdoor Parking: 6-12 Spaces,Paved

Utilities

  • Cooling: None
  • Utilities: Water-Municipal, Sanitary Sewer

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 2160

Lot Info

  • Lot Dimensions: 75 X 150 & 60X150

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 61200
  • Fuel Expense: 4440
  • Insurance Expense: 9000
  • ElectricExpense: 4440
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 18000
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 8359
  • 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

Closed on
Jun 2, 2022
Sold by
Bought by
Current Estimated Value
$311,022

Purchase Details

Listed on
May 3, 2018
Closed on
Aug 17, 2018
Sold by
Bought by
Seller's Agent
Kristal Green
RE/MAX Rising
Buyer's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$225,000
Interest Rate
4.5%

Purchase Details

Closed on
Oct 31, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.38%
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

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
-- Patrick Cox Cox & Fulk Llc
$300,000 Frontier Title Co
$276,000 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
Previous Owner $225,000
Previous Owner $220,500
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
08/23/2018 08/23/18 Sold $300,000 -7.7% --
07/06/2018 07/06/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $325,000 -- --
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 $7,187 $96,535 $11,683 $84,852
2024 $6,517 $88,641 $10,728 $77,913
2022 $6,517 $76,685 $9,281 $67,404
2021 $5,966 $70,200 $8,496 $61,704
2020 $4,424 $52,195 $8,169 $44,026
2019 $4,411 $52,195 $8,169 $44,026
2018 $4,393 $52,195 $8,169 $44,026
2017 $4,394 $52,195 $8,169 $44,026
2016 $4,387 $52,195 $8,169 $44,026
2015 $4,374 $52,195 $8,169 $44,026
2014 $4,235 $52,195 $8,169 $44,026
2013 -- $52,195 $8,169 $44,026
Source: Public Records

Agents Affiliated with this Home

  • Kristal Green

    Seller's Agent in 2018

    Kristal Green

    RE/MAX

    (309) 830-5385

    1 in this area

    51 Total Sales

    Kristal Green
    Section Image
  • Tracy Haas Riley

    Buyer's Agent in 2018

    Tracy Haas Riley

    BHHS Central Illinois, REALTORS

    (309) 275-6590

    12 in this area

    291 Total Sales

    Tracy Haas Riley
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10195476

Midwest Real Estate Data (MRED)

APN: 21-04-432-004

Illinois Mclean County Bloomington 61701 Near East

607 E Washington 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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