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Normal 61761
1104 Teegan Street
$229,100
● House - Off Market

1104 Teegan Street

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$1,382
Est. Monthly
$5
HOA / Fees
11.30%
Cap Rate

About This Property

Welcome to 1104 Teegan - the perfect place to call home! This inviting ranch-style home features 3 bedrooms, 2 bathrooms, and a partially finished basement with storage area, offering plenty of space to fit your needs. The fenced-in yard and spacious two-stall garage provide both privacy and convenience, making it ideal for a growing family or those looking to downsize. Located in a friendly neighborhood with a nearby park, this home offers the perfect blend of comfort and community. Don't miss out-make it yours today!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$322
HOA Dues
$5
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,086
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,172
  • Building Area: 1,086
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAVANNA GREEN 9TH ADD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SAVANNA GREEN 9TH ADD LOT 345

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000109

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-22-453-020
  • Lot: 345
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5189
  • Longitude: -88.9697

    Address

  • Full Address: 1104 Teegan St
  • Address - House Number: 1104
  • Address - Street Name: Teegan
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: R029
  • 4-Digit Zip Code: 4603
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $360,748
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 204,785
  • High Value: 244,103
  • Low Value: 165,466

    Market Valuation

  • Market Total Value: $138,477
  • Market Land Value: $26,796
  • Market Improvement Value: $111,681

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,159
  • Assessed Land Value: $8,932
  • Assessed Improvements Value: $37,227

    Sales

  • Current Sale Contract Date: Mar 30, 2012
  • Current Sale Recording Date: Apr 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-00008967
  • Previous Sale Recording Date: Mar 28, 2008
  • Previous Sale Contract Date: Mar 27, 2008
  • Previous Sale Amount: $134,500
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2057 ft²

Average Home Age

41.8 years

Currently For Sale

40 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: Bradley Park, RE/MAX Rising
Data Source: MRED, MLS# MRD12319417
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 1104 Teegan Street built and last sold?
The property at 1104 Teegan Street was built in 2008 and last sold on Mar 30, 2012 for $136,000.
How much is this home worth?
The estimated value of the home located at 1104 Teegan Street is $0.
What are some comparable homes to 1104 Teegan Street?
There are currently no comparable homes to 1104 Teegan Street.
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