NOT LISTED FOR SALE

608 W Monroe St Bloomington, IL 61701

West Bloomington Neighborhood

Estimated Value: $193,011 - $285,000

1 Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold August 16, 2021

Last sale price $150,000

Est. 56% increase in value since last sale

Current estimated payment $1,514/month

About This Home

As of August 2021

Looking for a great investment opportunity that is close to downtown Bloomington, come check out this building! It has 5, two-story townhomes. Each townhome has 2 bedrooms, 1 bathroom, kitchen and living space. Your tenants will love on-site laundry and the proximity to everything they need!

Last Agent to Sell the Property

Lindsay Prewitt

eXp Realty License #471020566 Listed on: 07/14/2021

eXp Realty

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1974

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 44x120
  • Additional Parcels

Parking

  • 5 Parking Spaces

Additional Features

  • 2-Story Property
  • Heating System Mounted To A Wall or Window

Community Details

  • Electric Expense $480
  • Fuel Expense $360
  • Insurance Expense $575
  • Maintenance Expense $1,100
  • Other Expense $1,125
  • Trash Expense $900
  • Water Sewer Expense $3,685
  • Operating Expense $11,478
  • Gross Income $46,200
  • Net Operating Income $31,487

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,032

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Frontage Type: City Street

Garage/Parking

  • ParkingTotal: 5

Utilities

  • Heat/Ventilation: Wall Unit

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 900
  • Water Sewer Expenses: 3685

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 44X120
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 23

Multi Family

  • Net Operating Income: 31487
  • Fuel Expense: 360
  • Insurance Expense: 575
  • ElectricExpense: 480
  • GrossIncome: 46200
  • Maintenance Expense: 1100
  • NumberOfUnitsTotal: 1
  • OperatingExpense: 11478
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 4031.96
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 5, 2021
Sold by
Roberto Garcia
Bought by
Blono Fund I Llc
Seller's Agent
Lindsay Prewitt
eXp Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$234,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,003
Avg. Annual Appreciation
10.51%
Original Mortgage
$2,722,720
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 21, 2017
Sold by
Michaels Matthew A and Michaels Abigail D
Bought by
Garcia Robert
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Melanie Walker
Coldwell Banker Real Estate Group
List Price
$119,900
Sold Price
$106,250
Premium/Discount to List
-$13,650
-11.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$85,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 31, 2015
Sold by
Hafner Frederick J and Hafner Paula M
Bought by
Michaels Matt and Michaels Abigail D
Seller's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
Buyer's Agent
BNAR Conversion Agent
BNAR Conversion Office
List Price
$119,900
Sold Price
$116,200
Premium/Discount to List
-$3,700
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.23%
Original Mortgage
$104,580
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Hafner Frederick J
Bought by
Hafner Frederick J and Hafner Paula M
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

Date Buyer Sale Price Title Company
Blono Fund I Llc $150,000 Willette Amanda L
Blono Fund I Llc $150,000 Alliance Land Title
Garcia Robert $106,500 Frontier Title Co
Michaels Matt $116,500 Mclean County Title
Hafner Frederick J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blono Fund I Llc $2,722,720
Previous Owner Garcia Robert $85,000
Previous Owner Michaels Matt $104,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2021 08/16/21 Sold $150,000 -6.3% --
07/14/2021 07/14/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $160,000 +50.6% --
04/24/2017 04/24/17 Sold $106,250 -11.4% $25 / Sq Ft View Prior Sale
02/20/2017 02/20/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $119,900 +3.2% $29 / Sq Ft
03/31/2015 03/31/15 Sold $116,200 -3.1% $28 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $119,900 -- $29 / Sq Ft
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
2024 $3,574 $54,413 $7,622 $46,791
2022 $3,574 $42,058 $5,892 $36,166
2021 $3,272 $38,501 $5,393 $33,108
2020 $3,263 $38,501 $5,393 $33,108
2019 $3,254 $38,501 $5,393 $33,108
2018 $3,086 $36,667 $5,136 $31,531
2017 $3,720 $44,183 $5,136 $39,047
2016 $3,713 $44,183 $5,136 $39,047
2015 $3,562 $42,499 $4,940 $37,559
2014 $3,448 $42,499 $4,940 $37,559
2013 -- $42,499 $4,940 $37,559
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Prewitt

    Seller's Agent in 2021

    Lindsay Prewitt

    eXp Realty

    (309) 838-5794

    5 in this area

    195 Total Sales

    Lindsay Prewitt
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

  • Mark Bowers

    Seller's Agent in 2017

    Mark Bowers

    BHHS Central Illinois, REALTORS

    (309) 824-9016

    361 Total Sales

    Mark Bowers
    Section Image
  • Melanie Walker

    Buyer's Agent in 2017

    Melanie Walker

    Coldwell Banker Real Estate Group

    (309) 261-4073

    17 Total Sales

    Melanie Walker
    Section Image
  • Tracy Haas Riley

    Seller's Agent in 2015

    Tracy Haas Riley

    BHHS Central Illinois, REALTORS

    (309) 275-6590

    9 in this area

    297 Total Sales

    Tracy Haas Riley
    Section Image

  • B

    Buyer's Agent in 2015

    BNAR Conversion Agent

    BNAR Conversion Office

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11156334

Midwest Real Estate Data (MRED)

APN: 21-04-163-017

Illinois Mclean County Bloomington 61701 West Bloomington

608 W Monroe St, Bloomington, IL

Not Listed for Sale

MultiFamily

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