Attention Investors! Great investment opportunity with excellent cash flow. Property has been well maintained by owner, not a management company. Here is a chance to invest in a property that does not need capital for a lot of deferred maintenance. New roof in 2021 and new mail boxes in 2020. Unit 1 painted in 2020. Unit 2 remodeled in 2021 and new dishwasher and range in 2021. Unit 3 remodeled in 2018, new A/C in 2021, and new paint. Unit 4 remodeled in 2019 and new refrigerator, range, and water heater in 2019.
Closed
$333,000
1701 Salem Rd, Normal, IL 61704
8beds
--sqft
Multi Family
Built in 1977
-- sqft lot
$358,600 Zestimate®
$--/sqft
$1,489 Estimated rent
Home value
$358,600
$337,000 - $380,000
$1,489/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 25, 2023 at 01:07am
Listing courtesy of:
Ed Larsen 309-275-3545,
Coldwell Banker Real Estate Group
Bought with:
Bruce Dillman
Keller Williams Revolution
Source: MRED as distributed by MLS GRID,MLS#: 11725933
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Baseboard
Features
- Basement: None
Property
Parking
- Total spaces: 8
- Parking features: On Site, Owned
Features
- Levels: Bi-Level
Lot
- Size: 6,570 sqft
- Dimensions: 73 X 90
Details
- Parcel number: 1435452005
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bi-Level
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Normal
- Subdivision: Holiday Knolls
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2023 | Sold | $333,000-0.6% |
Source:  MRED as distributed by MLS GRID #11725933 Report a problem | ||
| 3/2/2023 | Pending sale | $334,900 |
Source:  Coldwell Banker Real Estate Group #11725933 Report a problem | ||
| 2/28/2023 | Contingent | $334,900 |
Source: MRED as distributed by MLS GRID #11725933 Report a problem | ||
| 2/25/2023 | Listed for sale | $334,900+56.5% |
Source: MRED as distributed by MLS GRID #11725933 Report a problem | ||
| 3/22/2019 | Sold | $214,000-2.7% |
Source: MRED as distributed by MLS GRID #10247826 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,133 +0.2% | $63,308 +3.3% |
| 2023 | $5,120 +23.1% | $61,262 +25.2% |
| 2022 | $4,159 +9.2% | $48,933 +9.2% |
Find assessor info on the county website
Neighborhood: 61704
Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Bloomington Jr High SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Bloomington High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Stevenson Elementary
- Middle: Bloomington Jr High School
- High: Bloomington High School
- District: 87
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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