NOT LISTED FOR SALE

611 E Front St Bloomington, IL 61701

Estimated Value: $154,000 - $192,000

4 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold August 20, 2024

Last sale price $142,000

Est. 22% increase in value since last sale

Current estimated payment $1,198/month

4 Days on Market

Highlights

  • Property is near a park
  • Corner Lot
  • Porch
  • Traditional Architecture

About This Home

As of August 2024

Fully occupied multi-unit (3 junior one-bedrooms and 1 one-bedroom). NO CONTINGENCY OFFERS NO OWNER FINANCING AS IS WHERE IS Very affordable way to enter the rental/investment arena. Excellent cash flow, corner lot, well maintained with MANY improvements.

Last Agent to Sell the Property

Steve Sovereign

Coldwell Banker Real Estate Group License #475129006 Listed on: 07/01/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Ryan Crowley

Vesta Real Estate LLC License #475195953

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60x77
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof
  • Shingle Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Property is near a park
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Dimmitts Grove Subdivision

Building Details

  • Gross Income $29,940
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,830

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Dimmitts Grove
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block, Brick/Mortar
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Shingle Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

  • Elementary School: Sheridan Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 60X77
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 24000
  • GrossIncome: 29940
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3829.62
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Oct 8, 2024
Sold by
Curtis Ryan and Womack Charles Davis
Bought by
Cw Properties Llc
Seller's Agent
Steve Sovereign
Coldwell Banker Real Estate Group
Buyer's Agent
Ryan Crowley
Vesta Real Estate LLC
List Price
$155,000
Sold Price
$142,000
Premium/Discount to List
-$13,000
-8.39%
Views
17
Current Estimated Value
$172,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,995
Avg. Annual Appreciation
18.05%
Original Mortgage
$113,600
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 21, 2024
Sold by
Broederdorf Justin and Okamoto Naoko
Bought by
Curtis Ryan and Womeck Charles Davis
Seller's Agent
Steve Sovereign
Coldwell Banker Real Estate Group
Buyer's Agent
Ryan Crowley
Vesta Real Estate LLC
List Price
$155,000
Sold Price
$142,000
Premium/Discount to List
-$13,000
-8.39%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2019
Closed on
Aug 26, 2020
Sold by
Ranney Keith A and Ranney Cynthia S
Bought by
Broederdorlf Justin and Ormoto Nicoho
Seller's Agent
Dan Kniery
RE/MAX Rising
Buyer's Agent
Patrick Kniery
RE/MAX Rising
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$93,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cw Properties Llc -- None Listed On Document
Curtis Ryan $142,000 Mclean County Title
Broederdorlf Justin $125,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curtis Ryan $113,600
Previous Owner Broederdorlf Justin $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2024 08/20/24 Sold $142,000 -8.4% --
07/07/2024 07/07/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $155,000 +24.0% --
08/26/2020 08/26/20 Sold $125,000 -3.8% -- View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $130,000 0.0% --
06/02/2020 06/02/20 Price Changed $130,000 +4.0% --
05/01/2020 05/01/20 Off Market $125,000 -- --
02/04/2020 02/04/20 Price Changed $125,000 -3.8% --
01/18/2020 01/18/20 Price Changed $130,000 -3.7% --
12/03/2019 12/03/19 Price Changed $135,000 -3.6% --
10/31/2019 10/31/19 Price Changed $140,000 -6.7% --
10/11/2019 10/11/19 For Sale $150,000 -- --
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 $3,481 $47,350 $6,434 $40,916
2022 $3,481 $40,963 $5,566 $35,397
2021 $3,187 $37,500 $5,096 $32,404
2020 $2,482 $29,284 $4,900 $24,384
2019 $2,475 $29,284 $4,900 $24,384
2018 $1,780 $21,152 $4,900 $16,252
2017 $1,781 $21,152 $4,900 $16,252
2016 $1,778 $21,152 $4,900 $16,252
2015 $1,773 $21,152 $4,900 $16,252
2014 $1,716 $21,152 $4,900 $16,252
2013 -- $21,152 $4,900 $16,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12099302

Midwest Real Estate Data (MRED)

APN: 21-04-435-005