Sold
Last Sold Price

302 N School St, Normal, IL 61761

Multi FamilyProperty Type
0.75 acresLot Size
1984Year Built
48 carsParking Spaces

Description

Info pkg avail upon request. Outstanding student location, bldg in excellent cond, well managed, already pre-leased for next year. 12 units 950 sq ft, 12 1050 sq ft. Ann rent from 12 units $11,200; other 12 units $10,300.Info pkg avail upon request. Outstanding student location, bldg in excellent cond, well managed, already pre-leased for next year. 12 units 950 sq ft, 12 1050 sq ft. Ann rent from 12 units $11,200; other 12 units $10,300.
Listing closed: 08/09/2004 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10195064
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Recent comparable sales

Median sold price

$60,000

Avg days on market

358

Sale-to-list ratio

78.4%

Normal, IL

9 comparable properties found

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Square Feet
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Location

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Principal and Interest

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Property Taxes

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Property Information for 302 North School Street

Property Details

  • Taxes: $23,636 / year
  • MLS Type: Multi Family 5+ / Flats
  • Area: Normal
  • Township: DRY GROVE
  • Air Conditioning Type: Wall Sleeve
  • Num of Interior Fireplaces: 0

Building Information

  • Stories: 3
  • Residences: 24
  • Year Built: 1984
  • Lot Size: 0.75 AC / 32,670 SF

General Information

Addtl Parking Information
  • Outdoor Parking: 31-50 Spaces,Paved
  • Open Parking Spaces: 48.0
Location and General Information
  • BNAR Zoning: R3B

Property Information

Interior Features
  • Air Conditioning: Wall Sleeve
  • Basement Description: Other, None
  • Heat/Ventilation: Baseboard,Electric
  • Misc Inside: Furnished Units Available,Laundry Room,Inside Corridor/s
  • Num of Baths: 0.0
Utilities / Equipment
  • Utilities: Water-Municipal, Sanitary Sewer
Property/Lot Information
  • Tenant Pays: Electricity
  • Multi-Family Type: Flats
  • Lot Dimensions: 198X165
  • Lot Size Square Feet: 32670.0
  • Stories: 3
  • Exterior Building Type: Vinyl Siding, Brick
  • Building Area Total: 26544
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Photos Count: 1
  • Deconversion: N
  • Relist: N
Miscellaneous
  • Land Amenities: Security Entrance
Virtual Tour/Additional Media
  • Virtual Tour YN: No

Multi Family

Multi-Family Information
  • Number Of Units Total: 24
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $25,759.00
  • Gross Scheduled Income: $262,397.00
  • Insurance Expense: $6,666.00
  • Manager Expense: $26,260.00
  • Expense Year: 4
  • Net Operating Income: $15,650.00
  • Operating Expense: $105,889.00
  • Other Expense: $24,827.00
  • Water Sewer Expense: $11,000.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1

Property History for 302 North School Street

DateEvent & SourcePriceAppreciation
Aug 9, 2004

Sold

MRED #10195064

$1,965,000—
Jun 1, 2004

Pending

MRED #10195064

—
Apr 19, 2004

Listed (Active)

MRED #10195064

$1,992,000—
DateEvent & SourcePrice
08/09/2004

Sold

MRED #10195064

$1,965,000
06/01/2004

Pending

MRED #10195064

—
04/19/2004

Listed (Active)

MRED #10195064

$1,992,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 302 North School Street

Taxable Value

Land

-

Additions

-
Total-

Home Facts

Total Finished SqFt

26,544 SqFt

Above Grade Finished SqFt

26,544 SqFt

Stories

2

Lot Size

32,670 SqFt

Style

Governmental / Public Use

Year Built

1984

Zoning

R-3A

County

MCLEAN

APN

14-28-254-023

Schools near 302 North School Street

This home is within Mclean County Community Unit School District 5.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Glenn Elementary School
PublicK to 5

Kingsley Jr High School
Public6 to 8

Normal Community West High School
Public9 to 12

Eugene Field School
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 302 North School Street, Normal, IL 61761
$1,965,000
–
–
–
32,670
–
–
–
–
–
–
–
–
–
–
–
–
–
11,511
15,143
–
–
–
–
–
–
–
–
4,896
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial The Real Esta; AXIS 360 LLC*

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 06:44 AM. 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.