Last Sold Price
704 S Golfcrest Rd, Normal, IL 61761

Description

GREAT 12-unit one bedroom studio apartments near Heartland and Lincoln Colleges, and close to transportation and shopping! The building is in VERY GOOD CONDITION. Some units have been recently updated. Easily rented, large parking lot, fantastic opportunity for investors! Coin Laundry room for tenants, and storage shed. Tenants pay their own heat, AC, & electricity. New rent is $495/month.GREAT 12-unit one bedroom studio apartments near Heartland and Lincoln Colleges, and close to transportation and shopping! The building is in VERY GOOD CONDITION. Some units have been recently updated. Easily rented, large parking lot, fantastic opportunity for investors! Coin Laundry room for tenants, and storage shed. Tenants pay their own heat, AC, & electricity. New rent is $495/month.
LISTING CLOSED: 10/19/2021 12:00 AM

  1. Listed by Mike Dowd • Dowd Properties
    P: (309)-661-3806 C: (309)-661-3806 mike@dowdpro.com

Sold By City Habitat Realty LLC

Property Details for 704 South Golfcrest Road

Status
MLS #
11220928
Days on Market
12
Taxes
$9,949 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family 5+ / Corridor-Exterior Entrance
Year Built
1980
Lot Size
0.28 AC / 12,196 SF
Area
Normal
Township
Normal
Num Of Parking Spaces
18.0
Air Conditioning Type
Wall Sleeve
Zoning
MULTI

Location

Add your commute

Building Information for 704 South Golfcrest Road

Stories2Residences12Year Built1980Building Size-Lot Size0.28 AC / 12,196 SF

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Principal and Interest

$2,211

Property Taxes

$829

HOA Dues

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Property Information for 704 South Golfcrest Road

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: City Street
  • BNAR Zoning: R3A
  • Information: 24-Hr Notice Required,Show-Call Listing Office,Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • # Of Washers: 1
  • Heat/Ventilation: Electric
  • # Of Window/Ac: 12
  • # Of Refrigerators: 12
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Storms and Screens (as exist)
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: C81XC157XC16X228X78X60X146
  • Stories: 2
  • Roof Type: Composition
  • Building Area Total: 5830
  • # Of Ranges: 12
  • Conversion: N
Property and Assessments
  • Public Document Count: 5
  • Document Date: 2021-09-16T18:35:59
  • Photos Count: 12
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks,Cable Ready
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Income & Expenses
  • Electric Expense: $2,700.00
  • Fuel Expense: $.00
  • Gross Income: $67,080.00
  • Gross Scheduled Income: $67,080.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Broker Projection
  • Expense Year: 2021
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 0
  • Net Operating Income Year: 2021
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 5590
  • Water Expense Source: Broker Projection
  • Net Operating Income: $27,700.00
  • Operating Expense: $25,000.00
  • Other Expense: $.00
  • Trash Expense: $1,310.00
  • Water Sewer Expense: $2,723.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 12
  • # Of Rooms - Unit 1: 2
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 435
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 2: 0
  • Monthly Income - 2: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 3: 0
  • Monthly Income - 3: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 704 South Golfcrest Road

DateEvent & SourcePriceAppreciation
Oct 19, 2021

Sold

MRED #11220928

$435,000
Oct 8, 2021

Sold (Public Record)

Public Record #1474656947

$435,000

+2.7% / yr

Sep 27, 2021

Contingent

MRED #11220928

DateEvent & SourcePrice
10/19/2021

Sold

MRED #11220928

$435,000
10/08/2021

Sold (Public Record)

Public Record #1474656947

$435,000

+2.7% / yr

09/27/2021

Contingent

MRED #11220928

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

Public Records for 704 South Golfcrest Road

Taxable ValueLand$18,361Additions$78,896Total$97,257
Tax Record2025$7,555 ($630 / month)
Home Facts
Beds8Total Finished SqFt3,770 SqFtAbove Grade Finished SqFt3,770 SqFtStories2Lot Size9,840 SqFtStyleSingle Family ResidenceYear Built1988ZoningR-3ACountyMCLEANAPN14-21-102-003

Schools near 704 South Golfcrest Road

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

Parkside Jr High School
Public6 to 8

Normal Community 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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Listing Courtesy of Dowd Properties

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 11/22/2021 09:41 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.