511-513 West North Street, Unit 511513

McLean, IL 61754

$119,000
Last Sold Price
Beds
1,536 Sq. Ft.
$77 / Sq. Ft.
1,536
Sq. Ft.
$77
per Sq. Ft.

Description

Calling all investors! Check out this property located just 15 minutes from Bloomington which features (2) two-bedroom one bath homes with full unfinished basements. Both units have been rented by the same tenants for 2+ years grossing $1600 in total monthly rent. Tenants pay all utilities. A new water heater and central air unit have been installed in 511 this year and a new furnace was installed in 513 in 2023! If you're looking for cash-flow from the start and good rental history - you're in the...Calling all investors! Check out this property located just 15 minutes from Bloomington which features (2) two-bedroom one bath homes with full unfinished basements. Both units have been rented by the same tenants for 2+ years grossing $1600 in total monthly rent. Tenants pay all utilities. A new water heater and central air unit have been installed in 511 this year and a new furnace was installed in 513 in 2023! If you're looking for cash-flow from the start and good rental history - you're in the right place! Cash or conventional only please. Agent owned
  1. Listed by Kolton Johner • ME Realty

Property Details for 511-513 West North Street, Unit 511513

Parking Total
4.0
Subdivision Name
None
LISTING UPDATED: 12/10/2024 02:03 PM

Property Details for 511-513 West North Street, Unit 511513

StatusSold
MLS #CA1032807
Days on Market4
Taxes$3,197 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1969
Lot Size0.25 AC / 10,890 SF
CountyMcLean County

Building Information for 511-513 West North Street, Unit 511513

Stories-Residences2Year Built1969Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 511-513 West North Street, Unit 511513

Summary
Location and General Information
  • City: McLean
  • County Or Parish: McLean
  • Directions: 513 W North St. Mclean IL 61754
  • Latitude: 40.317756
  • Longitude: -89.177387
  • MLSArea Minor: Other Counties IL
  • Postal Code: 61754
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 26-35-403-002
  • Tax Annual Amount: $3,197
  • Tax Legal Description: SUBURBAN HOMES ADD-MCLEAN LOT 2
  • Tax Year: 2023
School Information
  • High School: Olympia
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 1536.0
  • Lot Features: Sloped
  • Lot Size Acres: 0.25
  • Lot Size Dimensions: .25
  • Number Of Units Total: 2
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Legal Description
  • New Construction: No
  • Year Built: 1969
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Full, Unfinished
  • Heating: Electric, Forced Air, Gas, Hot Water, Central Air, Electric Water Heater
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $1,200
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-4,397
  • Operating Expense: $1,200
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 511-513 West North Street, Unit 511513

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 511-513 West North Street, Unit 511513

This home is within Olympia Community Unit School District 16.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Olympia South Elementary School
PublicPK to 5

Olympia Middle School
Public6 to 8

Olympia High School
Public9 to 12

Olympia West Elementary School
PublicPK to 5

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.

Similar Homes

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Listing Courtesy of ME Realty

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. Based on information submitted to the MLS GRID as of 12/10/2024 02:03 PM. 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.