NOT LISTED FOR SALE

701 E Empire St Bloomington, IL 61701

Estimated Value: $124,000 - $179,000

4 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold August 30, 2024

Last sale price $117,500

Est. 23% increase in value since last sale

Current estimated payment $1,034/month

Highlights

  • Traditional Architecture
  • Porch
  • Forced Air Heating System
  • Corner Lot
  • 6 Car Attached Garage
  • Heated Garage

About This Home

As of August 2024

This home has 2 different addresses,701 E Empire and 1009 N. Clinton. but one pin with 701 E. Empire assigned to that pin #. There are 2 Rental units, main floor and 2nd floor units, both 1155 sq ft, 2 bedrooms 1 bath each. First floor is rented through May 21, 2025, 2nd floor is vacant. Could be converted back to 1 home. Attached 6 car (1200 Sq Ft.)garage, built in 1986, could be rented, leased with a unit, or used by owner. Waste pipes are PVC, wiring redone and copper pipe added before 1987. Asbestos removed and lead paint removed from home. Roof of house replaced about 2013 with new underlayment. Each unit has a Square D panel , separate gas water heater, and gas furnace. Upstair unit has central air, lower unit has 1 window unit provided by owner.

Last Agent to Sell the Property

Peg Donaldson

BHHS Central Illinois, REALTORS License #475129906 Listed on: 08/11/2024

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 1915

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 65 x 180
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 6 Car Attached Garage
  • Heated Garage
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Schools

  • Bent Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,709

Year Built

Built in 1915

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Corner Lot
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 10
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved
  • Conversion YN: Y

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 65 X 180
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3709.36
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2024
Closed on
Aug 19, 2024
Sold by
Baltz William D and Baltz Jeannine
Bought by
Cjt Rental Inc
Seller's Agent
Peg Donaldson
BHHS Central Illinois, REALTORS
Buyer's Agent
Non Member
NON MEMBER
List Price
$130,000
Sold Price
$117,500
Premium/Discount to List
-$12,500
-9.62%
Views
1
Current Estimated Value
$144,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,672
Avg. Annual Appreciation
16.36%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Cjt Rental Inc $117,500 Alliance Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $117,500 -9.6% --
08/11/2024 08/11/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $130,000 -- --
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 $3,372 $45,863 $9,495 $36,368
2022 $3,372 $39,676 $8,214 $31,462
2021 $3,087 $36,321 $7,519 $28,802
2020 $3,079 $36,321 $7,519 $28,802
2019 $3,158 $37,372 $7,519 $29,853
2018 $3,145 $37,372 $7,519 $29,853
2017 $3,146 $37,372 $7,519 $29,853
2016 $3,141 $37,372 $7,519 $29,853
2015 $3,132 $37,372 $7,519 $29,853
2014 $3,032 $37,372 $7,519 $29,853
2013 -- $37,372 $7,519 $29,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12124795

Midwest Real Estate Data (MRED)

APN: 21-04-227-001