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107 E Division Street

Bloomington, IL 61701
  • $320,900
  • STATUS: Active Under Contract
  • ON SITE: 57 Days
  • MLS #: 11705714
Under Contract
UPDATED: 27 min ago
$320,900
  • 6
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:
Area:

School Information

Elementary School:
School District:
87

Description

Investors! Great investment opportunity in an area where few properties come on the market near Illinois Wesleyan University. Excellent cash flow. For many years the property has been a great student housing rental with close proximity and walkability to campus. Low property taxes. Well maintained by owner, not in a management company. Leases are always in advance of the coming school year. No deferred maintenance. Two ranch style units each with three bedrooms, two full baths, and finished basements with egress windows and laundry. All appliances (including washers/dryers), televisions, and furniture remain. The furniture was replaced in 2022. Five off street parking spaces. New roof in 2016.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-22T08:57:42.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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107 E Division Street Bloomington, IL 61701

  • Price: $320,900
  • Status: Active Under Contract
  • On Site: 57 Days
  • Updated: 27 min ago
  • MLS #: 11705714
6
Beds
0
Baths
0
½ Baths
N/A
Acres
1978
Built
Neighborhood:
Not Applicable
County:
Mc Lean
Area:
Bloomington
Elementary School:
Bent Elementary
Middle School:
Bloomington Jr High School
High School:
Bloomington High School
School District:
87
Property Description
Investors! Great investment opportunity in an area where few properties come on the market near Illinois Wesleyan University. Excellent cash flow. For many years the property has been a great student housing rental with close proximity and walkability to campus. Low property taxes. Well maintained by owner, not in a management company. Leases are always in advance of the coming school year. No deferred maintenance. Two ranch style units each with three bedrooms, two full baths, and finished basements with egress windows and laundry. All appliances (including washers/dryers), televisions, and furniture remain. The furniture was replaced in 2022. Five off street parking spaces. New roof in 2016.
Exterior Features

Architectural Style Ranch Exterior Building Type Vinyl SidingBrick Lot Size Less Than .25 Acre Multi Family Type 2 Flat1 Story Unit/S Parking Details Space/S Parking Features Off StreetAdditional Parking Parking Onsite Yes Parking Ownership Owned Parking Total 5 Waterfront YN No

Interior Features

Basement FinishedEgress Window Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 10

Property Features

Age 41-50 Years Built Before1978 YN No Contingency Financing Continue To Show No - Has Seller Written Direction Corporate Limits Bloomington General Information None Gross Income 32040 Maintenance Expense 1000 Mls Actual Status Contingent Net Operating Income 26581 New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3258.88 Tax Year 2021 Total Numberof Unitsin Building 2 Total Rental Income 32040 Township City Of Bloomi Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Real Estate Group: 309-662-9333.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-22T08:57:42.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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