902 South University Street

Closed 10/16/15
Closed 10/16/15
Gallery Image 1
Sold
Last Sold Price
$150,000
4 beds1,352 sqft

902 S University St, Normal, IL 61761

Multi FamilyProperty Type
0.11 acresLot Size
1915Year Built
$111/sq ftPrice per sq ft
2 carsParking Spaces

Description

Four rental houses sold as one investment, total Price for all four is $750,000 purchase for immediate rental income or buy and rebuild for maximum occupancy (addresses are 902-904 South university, 603-605 Hovey Ave Normal, IL). All houses are rented through 5/8/2016 current total rent is $9,900 per month for all four houses. Houses are located at the corner of University and Hovey Ave in Normal, IL. Agent Interest Tenants pay all utilities Tenants pay for all damages owners pay storm water fee...Four rental houses sold as one investment, total Price for all four is $750,000 purchase for immediate rental income or buy and rebuild for maximum occupancy (addresses are 902-904 South university, 603-605 Hovey Ave Normal, IL). All houses are rented through 5/8/2016 current total rent is $9,900 per month for all four houses. Houses are located at the corner of University and Hovey Ave in Normal, IL. Agent Interest Tenants pay all utilities Tenants pay for all damages owners pay storm water fee of $46 every 2 months and dumpster fee is $45 every month

    Sold By Coldwell Banker The Real Estate Group

    • Listed by: Matt 309.533.5882 matthansen@crownerealty.com • Crowne Realty
    • Listed by: Bruce Dillman 309.838.8390 brucedillman@hotmail.com • Keller Williams Revolution
    Listing closed: 10/16/2015 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10209795
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    Recent comparable sales

    Median sold price

    $183,000

    Avg days on market

    9

    Sale-to-list ratio

    100.1%

    Normal, IL

    9 comparable properties found

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    803 Osage Street, Normal, IL 61761

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    30 year fixed, 7.03% Interest

    Principal and Interest

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    Property Information for 902 South University Street

    Property Details

    • Taxes: $2,754 / year
    • MLS Type: Two to Four Units / 2 Story Unit/S
    • County: McLean County
    • Area: Normal
    • Subdivision: Normal
    • Township: DRY GROVE
    • Num Of Cars: 2.0
    • Heat/Fuel: Forced Air, Natural Gas

    Building Information

    • Residences: 1
    • Year Built: 1915
    • Lot Size: 0.11 AC / 5,000 SF

    General Information

    School Information
    • Elementary School District: 5
    • Elementary School: GLENN ELEMENTARY
    • Jr High Middle School: KINGSLEY JR HIGH
    • High School District: 5
    • High School: NORMAL COMMUNITY WEST HIGH SCHOO
    • Middle Or Junior School District: 5
    Addtl Parking Information
    • Parking: Space/s
    • Parking On Site: true
    Location and General Information
    • BNAR Zoning: R3A

    Property Information

    Interior Features
    • Num Of Rooms: 7
    • Bedrooms Total: 4
    • Bedrooms (Below Grade): 0
    • Basement Type: Partial, Full
    • Bedrooms Possible: 4
    • Basement Description: Partially Finished
    • # Full Baths in Building: 2
    • # Half Baths in Building: 0
    • Num of Baths: 2.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Age: 91-100 Years
    • Lot Dimensions: 50X100
    • Total # Units in Building: 1.0
    • Exterior Building Type: Vinyl Siding, Wood Siding
    • Conversion: N
    Property and Assessments
    • Buyer Financing: Other
    • Photos Count: 3
    • Deconversion: N
    • Relist: N
    Virtual Tour/Additional Media

    Multi Family

    Income & Expenses
    • Net Operating Income: $21,970.00
    Unit 1
    • Unit Type Actual Rent: $2,200.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 1352
    • # Of Rooms - Unit 1: 7
    • # Full Baths-Unit 1: 2
    • Lease Exp Date (Mo/Yr) - Unit 1: 05-16-2026
    • Tenant Pays - Unit 1: Gas, Electric, Sewer, Water

    Property History for 902 South University Street

    DateEvent & SourcePriceAppreciation
    Oct 16, 2015

    Sold (Public Record)

    Public Record #1119886527

    		$150,000—
    Oct 16, 2015

    Sold

    MRED #10209795

    		$150,000—
    Sep 8, 2015

    Pending

    MRED #10209795

    		—
    DateEvent & SourcePrice
    10/16/2015

    Sold (Public Record)

    Public Record #1119886527

    $150,000
    10/16/2015

    Sold

    MRED #10209795

    $150,000
    09/08/2015

    Pending

    MRED #10209795

    —

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

    Public Records for 902 South University Street

    Taxable Value

    Land

    $18,783

    Additions

    $30,381
    Total$49,164

    Tax Record

    2024

    $3,658 ($305 / month)

    Home Facts

    Beds

    3

    Total Finished SqFt

    1,352 SqFt

    Above Grade Finished SqFt

    1,352 SqFt

    Stories

    2

    Lot Size

    43,560 SqFt

    Style

    Single Family Residence

    Year Built

    1915

    Year Renovated

    1915

    County

    MCLEAN

    APN

    14-33-133-001

    Schools near 902 South University Street

    This home is within Mclean County Community Unit School District 5.
    Rating
    School
    Type
    Grades
    Distance
    Glenn Elementary School
    		Public - K to 5
    Kingsley Jr High School
    		Public - 6 to 8
    Normal Community West High School
    		Public - 9 to 12
    Eugene Field School
    		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: 902 South University Street, Normal, IL 61761
    $150,000
    4
    1,352
    5,000
    904 South University Street, Normal, IL 61761
    $250,000
    7
    2,328
    6,900
    605 West Hovey Avenue, Normal, IL 61761
    $300,000
    3
    2.5
    1,987
    10,500
    606 West Hovey Avenue, Normal, IL 61761
    –
    –
    –
    16,236
    22,500
    603 West Hovey Avenue, Normal, IL 61761
    $55,000
    1
    543
    2,500
    610 West Hovey Avenue, Normal, IL 61761
    $928,000
    3
    1
    958
    7,200

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    Listing Courtesy of Crowne Realty; Keller Williams Revolution

    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 07:01 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.