NOT LISTED FOR SALE

622 E Walnut St Bloomington, IL 61701

Studio
-- Bath
6,528 Sq Ft
0.31 Acres

Last Sold September 04, 2013

Last sale price $265,000 $41 Per Sq Ft

2 Days on Market

About This Home

As of September 2013

Great location - Always rented - owner managed. Rents could be raised. Many upgrades.

Last Agent to Sell the Property

John Albee

BHHS Central Illinois, REALTORS License #475071164 Listed on: 07/22/2013

BHHS Central Illinois, REALTORS

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

  • $7,399

Year Built

  • Built in 1970

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100 x 137

Interior Spaces

  • 6,528 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,550
  • Fuel Expense $3,721
  • Insurance Expense $2,146
  • Maintenance Expense $6,697
  • Other Expense $1,145
  • Water Sewer Expense $4,668
  • Operating Expense $27,326
  • Gross Income $55,140
  • Net Operating Income $27,758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,399

Year Built

Built in 1970

Lot Details

0.31 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1970
  • Legal Description: FLAGGS 2ND ADDITION S 137' 25 TO 261
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Other,None
  • Misc Inside: Inside Corridor/s

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces,Paved

Utilities

  • Cooling: Wall Sleeve
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Hot Water,Gas

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 4668

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 100 X 137
  • Lot Size Sq Ft: 13700
  • Land Amenities: Security Entrance

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 6528

Multi Family

  • Net Operating Income: 27758
  • Fuel Expense: 3721
  • Insurance Expense: 2146
  • ElectricExpense: 1550
  • GrossIncome: 55140
  • Maintenance Expense: 6697
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 27326
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 7399
  • Tax Year: 12
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Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2013 09/04/13 Sold $265,000 -5.3% $41 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $279,900 -- $43 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209712

Midwest Real Estate Data (MRED)
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