NOT LISTED FOR SALE

816 E Grove St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $247,000 - $263,000

7 Beds
4 Baths
-- Sq Ft
5,053 Sq Ft Lot

Sale Details

Date Sold: April 15, 2024

Last sale price $234,000

Est. 10% increase in value since last sale

Current estimated payment $1,698 / mo

20 Days on Market

About This Home

As of April 2024

Located in Bloomington, IL next to downtown urban core, Illinois State University, and Illinois Wesleyan University. Recently renovated 1st floor unit leased up in 1 day! This is 100% leased out 4 unit investment building rented for $2,630 with great occupancy history. This will make great "house hack" living in one unit and renting the other units out being by multiple college campuses. Must have 48 hour notice for residents. Selling "as is". "Agent Owned"

Last Agent to Sell the Property

Quentin McNew

eXp Realty-Schaumburg License #475175106 Listed on: 02/23/2024

eXp Realty-Schaumburg

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,441

Year Renovated

  • 2024

Lot Details

  • 5,053

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • Partial Basement
  • Lot Dimensions are 44x116
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,441

Year Renovated

2024

Lot Details

5,053 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 4
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 44X116
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 3440.89
  • Tax Year: 2022

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Bought by
Current Estimated Value
$256,742

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 15, 2024
Sold by
Bought by
Seller's Agent
Quentin McNew
eXp Realty-Schaumburg
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$248,000
Sold Price
$234,000
Premium/Discount to List
-$14,000
-5.65%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$187,200
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$234,000 Illinois Title
-- None Listed On Document
$292,000 None Available
-- First Community Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $187,200
Previous Owner $352,000
Previous Owner $92,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $234,000 -5.6% --
03/15/2024 03/15/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $248,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,766 $50,587 $6,139 $44,448
2024 $3,415 $46,450 $5,637 $40,813
2022 $3,415 $40,185 $4,877 $35,308
2021 $3,126 $36,787 $4,465 $32,322
2020 $2,998 $35,372 $4,293 $31,079
2019 $2,989 $35,372 $4,293 $31,079
2018 $2,977 $35,372 $4,293 $31,079
2017 $2,978 $35,372 $4,293 $31,079
2016 $2,973 $35,372 $4,293 $31,079
2015 $2,277 $27,172 $4,293 $22,879
2014 $2,205 $27,172 $4,293 $22,879
2013 -- $27,172 $4,293 $22,879
Source: Public Records

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2024

    Quentin McNew

    eXp Realty-Schaumburg

    (217) 552-4062

    2 in this area

    22 Total Sales

    Quentin McNew
    Section Image
  • Cindy Eckols

    Buyer's Agent in 2024

    Cindy Eckols

    RE/MAX

    (309) 532-1616

    24 in this area

    854 Total Sales

    Cindy Eckols
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988572

Midwest Real Estate Data (MRED)

APN: 21-04-437-015

Illinois Mclean County Bloomington 61701 Near East

816 E Grove St, Bloomington, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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