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McLean 61705
10857 Medalion Drive
$107,500
● House - Off Market

10857 Medalion Drive

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$712
Est. Monthly
11.77%
Cap Rate

About This Property

Great ranch, septic replaced in 2007, fireplace w/propane gas logs, built-in bookshelves surround fireplace, zoned elec heat and forced air,  hardwood floors in bedrooms and living room, roof 2012 shared well 15.00/mo, radon mitigation system. Home being sold "as is".
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$86
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #12147224)

Price History

Date / Event Date Event Price
Sep 10, 2024 Sold
Premium
Sold
Aug 28, 2024 Listed by Brilliant Real Estate $115,000
Listed by Brilliant Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELTON SUB
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 24 MELTON SUB

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 006000

Geography

  • District: 10
  • Parcel: 20-21-127-004
  • Lot: 24
  • Meridian: SEC 21 TWN 23N RNG 01E
  • Municipality: DALE
  • Latitude: 40.4425
  • Longitude: -89.1085

    Address

  • Full Address: 10857 Medalion Dr
  • Address - House Number: 10857
  • Address - Street Name: Medalion
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R003
  • 4-Digit Zip Code: 6709
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $155,580
  • Tax Rate Code Area: 1003

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 110,768
  • High Value: 127,969
  • Low Value: 93,567

    Market Valuation

  • Market Total Value: $73,665
  • Market Land Value: $13,194
  • Market Improvement Value: $60,471

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,555
  • Assessed Land Value: $4,398
  • Assessed Improvements Value: $20,157

    Sales

  • Current Sale Contract Date: Mar 02, 2012
  • Current Sale Recording Date: Jun 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-00016098
  • Previous Sale Recording Date: Oct 24, 2011
  • Previous Sale Contract Date: Oct 11, 2011
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About McLean

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2429 ft²

Average Home Age

53.2 years

Currently For Sale

213 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Jason Collins, Brilliant Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 12147224
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10857 Medalion Drive built and last sold?
The property at 10857 Medalion Drive was built in 1965 and last sold on Mar 2, 2012 for $64,000.
How much is this home worth?
The estimated value of the home located at 10857 Medalion Drive is $0.
What are some comparable homes to 10857 Medalion Drive?
There are currently no comparable homes to 10857 Medalion Drive.
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