$390,000
SOLD JAN 24, 2020

712 N Golfcrest Rd Normal, IL 61761

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

Recently Sold

2% Below List Price

50 Days on Market

About This Home

As of January 2020

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. Each unit have CENTRAL A/C. 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: 11/01/2019

Last Buyer's Agent

Udi Yeger

GTS Real Estate & Management License #471017338

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,276

Year Built

  • 1978

Utilities

  • Central Air

Community Details

  • Insurance Expense $3,570
  • Manager Expense $4,962

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,276

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
  • Net Operating Income Year: 2019
  • Net Oper Income: 54093
  • Scavenger Expense: 891
  • Total Annual Exp: 16767
  • Total Annual Income: 70860
  • Total Monthly Income: 5032
  • 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

Condo/Co-op/Association

  • Units in Building: 10
  • Manager Expense: 4962

Fee Information

  • Electricity Expense: 1761

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: 60388
  • Tenant Pays: Air Conditioning, Electric, Heat, Water/Sewer

Multi Family

  • Expense Year: 2019
  • Insurance Expense: 3570
  • Other Expenses: 9153
  • Number Of Dishwashers: 10
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11267

Ownership History

Date Name Owned For Owner Type

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
$50,000
Outstanding Balance
$49,173
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$514,361

Purchase Details

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

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 6, 2020
Sold by
James Lincoin H
Bought by
Fredi Re Llc
Seller's Agent
Janice Vidovic
Clients Are Golden Realty,LLC
Buyer's Agent
Udi Yeger
GTS Real Estate & Management
List Price
$399,500
Sold Price
$390,000
Premium/Discount to List
-$9,500
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$292,500
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2018
Sold by
Kauffman Larry G and Kauffman Marilyn J
Bought by
James Lincoln H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $1,256,500 Mclean County Title
Warranty Deed $500,000 Alliance Land Title
Warranty Deed $390,000 Mclean County Title
Warranty Deed $382,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $775,000 New Conventional
Previous Owner $292,500 Commercial
Previous Owner $286,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Pending -- -- --
09/03/2025 09/03/25 For Sale $800,000 +105.1% --
01/24/2020 01/24/20 Sold $390,000 -2.4% --
12/03/2019 12/03/19 Pending -- -- --
11/17/2019 11/17/19 For Sale $399,500 0.0% --
11/05/2019 11/05/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $399,500 -- --
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: MRD10564506

Midwest Real Estate Data (MRED)

APN: 14-21-102-007