NOT LISTED FOR SALE

712 Golfcrest Rd S Normal, IL 61761

Estimated Value: $563,534

19 Beds
10 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold October 29, 2018

Last sale price $382,000

Est. 48% increase in value since last sale

Current estimated payment $3,969/month

2 Days on Market

About This Home

As of October 2018

WOW! This lovely 10-unit apartment building is NEXT TO I.S.U.'s 18-HOLE GOLF COURSE, just 0.2 miles to LINCOLN COLLEGE, 1 mile to HEARTLAND COLLEGE, and 1 mile to the swimming pools and water-slide at Fairview Park! The building is in VERY GOOD CONDITION and fairly priced. Each tenant PAYS THEIR OWN HEAT, ELECTRICITY. and WATER. Lovely 10-unit building in GREAT CONDITION! Fantastic opportunity for investors!

Last Agent to Sell the Property

Janice Vidovic

Clients Are Golden Realty,LLC License #471019870 Listed on: 08/24/2018

Last Buyer's Agent

Janice Vidovic

Clients Are Golden Realty,LLC License #471019870 Listed on: 08/24/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Lot Details

  • 10,454

Utilities

  • Central Air

Community Details

  • Insurance Expense $2,195

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Scavenger Expense: 1019
  • Total Annual Exp: 18875
  • Total Annual Income: 63744
  • Total Monthly Income: 5312
  • Unincorporated: Yes
  • Number Of Disposals: 10
  • Number of Ranges: 10
  • Number Of Refrigs: 10
  • Number Of Stories: 3
  • Estimated Year Built: 1978
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1978

Exterior Features

  • Acreage: 0.24
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air
  • Water Expense: 2101

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 2695

Lot Info

  • Lot Dimensions: C60 X 222 X C160 X 206
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Cable Ready
  • Parcel Identification Number: 1421102007

Rental Info

  • Gross Rental Income: 64644
  • Tenant Pays: Air Conditioning, Electric, Heat, Water/Sewer

Multi Family

  • Insurance Expense: 2195
  • Number Of Dishwashers: 10
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 10865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2025
Sold by
Hart Properties Bloomington Llc
Bought by
Golfcrest Residential Apartments Llc
Current Estimated Value
$563,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Outstanding Balance
$1,220,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
-$656,466

Purchase Details

Closed on
Feb 9, 2024
Sold by
Blono Fund Ii Llc
Bought by
Hart Prop Bloomington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2022
Sold by
Fredi Re Llc
Bought by
Blono Fund Ii Llc

Purchase Details

Closed on
Jan 6, 2020
Sold by
James Lincoin H
Bought by
Fredi Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 29, 2018
Sold by
Kauffman Larry G and Kauffman Marilyn J
Bought by
James Lincoln H
Seller's Agent
Janice Vidovic
Clients Are Golden Realty,LLC
Buyer's Agent
Janice Vidovic
Clients Are Golden Realty,LLC
List Price
$374,500
Sold Price
$382,000
Premium/Discount to List
$7,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$286,500
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving
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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Purchase History

Date Buyer Sale Price Title Company
Golfcrest Residential Apartments Llc $1,525,000 Ftc (Frontier Title Company)
Hart Prop Bloomington Llc $1,256,500 Mclean County Title
Blono Fund Ii Llc $500,000 Alliance Land Title
Fredi Re Llc $390,000 Mclean County Title
James Lincoln H $382,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golfcrest Residential Apartments Llc $1,220,000
Previous Owner Hart Prop Bloomington Llc $775,000
Previous Owner Fredi Re Llc $292,500
Previous Owner James Lincoln H $286,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $382,000 +2.0% --
08/26/2018 08/26/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $374,500 -- --
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 $12,276 $168,942 $42,067 $126,875
2022 $12,276 $136,663 $34,029 $102,634
2021 $11,858 $128,940 $32,106 $96,834
2020 $11,792 $127,600 $31,772 $95,828
2019 $11,393 $126,914 $31,601 $95,313
2018 $11,267 $125,570 $31,266 $94,304
2017 $10,865 $125,570 $31,266 $94,304
2016 $10,747 $125,570 $31,266 $94,304
2015 $10,456 $122,627 $30,533 $92,094
2014 $10,326 $122,627 $30,533 $92,094
2013 -- $122,627 $30,533 $92,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10061609

Midwest Real Estate Data (MRED)

APN: 14-21-102-007