$145,000
●
Condo -
Off Market
111 Rust Road #101
Bloomington, IL 61701
2 Beds
1 Bath
1,041 Ft²
$134,158
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
First Floor condo with easy access to the patio. Only utility
bills you'll pay for are cable and power. Beautiful kitchen
that opens into the oversized family room with updated flooring
throughout. Stainless steel appliances stay. Condo
cover, heat, water, basic cable, snow removal and landscape care.
No pets.
Unit Size
1,041 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
Condo
Property Taxes
$117
HOA Dues
$260
Year Built
1974
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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.
Last updated: 3 years ago (MRED MLS #11874968)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Sep 2, 2023 | Listed by Keller Williams Revolution | $135,000 | |
| Listed by Keller Williams Revolution | |||
Property Highlights
Garage
Elevator
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Rooms: 4
Basement: None
Basement Description: None
Exterior Details
Ownership: Fee Simple
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 2102309001
Property Type: Residential
Year Built: 1975
No Disability Access
Special Conditions: None
Lot Size Dimensions: 00X00
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $1,402
Utilities Details
Cooling: Central Air
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: City of Bloomi
Corporate Limits: Bloomington
Directions: Washington to South on Rust Road
County or Parish: McLean
Elementary School District: 87
Middle Or Junior School District: 87
High School District: 87
Other Details
Association Fee Includes: Air Conditioning, Water, Electricity
Association Fee: $260
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/08/2026
|
1 Bed
|
1 Bath
|
780 ft²
|
$125,000
1 Bed
1 Bath
780 ft²
|
$125,000
03/30/2026
|
Valerie Curry
Berkshire Hathaway Central Illinois Realtors
| |
|
10/10/2025
|
2 Bed
|
1 Bath
|
1051 ft²
|
$138,500
2 Bed
1 Bath
1051 ft²
|
$120,000
-13.36%
12/19/2025
|
Stacia Jewett
Keller Williams Revolution
| |
|
11/07/2024
|
2 Bed
|
2 Bath
|
1070 ft²
|
$154,900
2 Bed
2 Bath
1070 ft²
|
$149,950
-3.20%
01/17/2025
|
Josephine Hundman
Coldwell Banker Real Estate Group
| |
|
08/30/2024
|
2 Bed
|
2 Bath
|
1037 ft²
|
$162,000
2 Bed
2 Bath
1037 ft²
|
$162,000
11/25/2024
|
Kathy O'Brien Boston
Coldwell Banker Real Estate Group
| |
|
08/12/2024
|
2 Bed
|
2 Bath
|
1040 ft²
|
$150,000
2 Bed
2 Bath
1040 ft²
|
$145,000
-3.33%
09/24/2024
|
Jarrin Blunier
Coldwell Banker Real Estate Group
| |
|
01/21/2024
|
2 Bed
|
1 Bath
|
1051 ft²
|
$119,900
2 Bed
1 Bath
1051 ft²
|
$119,900
02/20/2024
|
Deb Connor
Coldwell Banker Real Estate Group
| |
|
09/02/2023
|
2 Bed
|
1 Bath
|
1041 ft²
|
$135,000
2 Bed
1 Bath
1041 ft²
|
$145,000
+7.41%
09/28/2023
|
Jacqui Miller
Keller Williams Revolution
| |
|
07/20/2023
|
1 Bed
|
1 Bath
|
798 ft²
|
$109,900
1 Bed
1 Bath
798 ft²
|
$100,000
-9.01%
08/22/2023
|
Kimberly Bliss
Coldwell Banker Real Estate Group
| |
|
08/19/2022
|
2 Bed
|
1 Bath
|
1082 ft²
|
$119,900
2 Bed
1 Bath
1082 ft²
|
$145,333
+21.21%
10/03/2022
|
Anne Bliss
Coldwell Banker Real Estate Group
| |
|
07/28/2022
|
2 Bed
|
1 Bath
|
1041 ft²
|
$90,000
2 Bed
1 Bath
1041 ft²
|
$98,000
+8.89%
08/31/2022
|
Kimberly Bliss
Coldwell Banker Real Estate Group
| |
|
04/13/2022
|
2 Bed
|
2 Bath
|
1070 ft²
|
$115,000
2 Bed
2 Bath
1070 ft²
|
$124,000
+7.83%
05/13/2022
|
Amanda Wycoff
Berkshire Hathaway Central Illinois Realtors
| |
|
01/18/2022
|
1 Bed
|
1 Bath
|
780 ft²
|
$85,000
1 Bed
1 Bath
780 ft²
|
$110,333
+29.80%
04/29/2022
|
Kristen Haas Oliver
BHHS Central Illinois REALTORS
| |
|
01/04/2022
|
1 Bed
|
1 Bath
|
770 ft²
|
$89,900
1 Bed
1 Bath
770 ft²
|
$85,000
-5.45%
02/18/2022
|
Jenny Sereno
Coldwell Banker Real Estate Group
| |
|
10/12/2021
|
1 Bed
|
1 Bath
|
810 ft²
|
$95,000
1 Bed
1 Bath
810 ft²
|
$91,000
-4.21%
05/16/2022
|
Nicholas Butzirus
Brilliant Real Estate
| |
|
05/05/2021
|
2 Bed
|
1 Bath
|
1082 ft²
|
$98,000
2 Bed
1 Bath
1082 ft²
|
$92,000
-6.12%
08/04/2021
|
Jim Fruin
Coldwell Banker Real Estate Group
| |
|
02/23/2021
|
1 Bed
|
1 Bath
|
798 ft²
|
$82,900
1 Bed
1 Bath
798 ft²
|
$80,000
-3.50%
04/28/2021
|
Marcus Johnson
| |
|
08/12/2020
|
1 Bed
|
1 Bath
|
850 ft²
|
$79,500
1 Bed
1 Bath
850 ft²
|
-
-
|
-
| |
|
01/09/2020
|
1 Bed
|
1 Bath
|
784 ft²
|
$75,000
1 Bed
1 Bath
784 ft²
|
$75,000
02/20/2020
|
Ed Larsen
| |
|
11/23/2019
|
2 Bed
|
2 Bath
|
1070 ft²
|
$109,900
2 Bed
2 Bath
1070 ft²
|
-
-
|
-
| |
|
05/11/2019
|
2 Bed
|
1 Bath
|
1044 ft²
|
$99,900
2 Bed
1 Bath
1044 ft²
|
-
-
|
-
| |
|
05/09/2019
|
1 Bed
|
1 Bath
|
798 ft²
|
$75,000
1 Bed
1 Bath
798 ft²
|
$59,000
-21.33%
11/14/2019
|
April Bauchmoyer
| |
|
04/14/2019
|
1 Bed
|
1 Bath
|
744 ft²
|
$69,900
1 Bed
1 Bath
744 ft²
|
-
-
|
-
| |
|
05/16/2018
| |
1 Bed
|
1 Bath
|
740 ft²
|
-
1 Bed
1 Bath
740 ft²
|
-
-
|
-
|
|
10/18/2018
|
2 Bed
|
2 Bath
|
1031 ft²
|
$104,900
2 Bed
2 Bath
1031 ft²
|
$98,500
-6.10%
03/22/2019
|
Stacey Jewett
| |
|
05/09/2018
|
1 Bed
|
1 Bath
|
740 ft²
|
$72,900
1 Bed
1 Bath
740 ft²
|
$70,000
-3.98%
12/14/2018
|
Dotty Mitchell
| |
|
07/30/2017
| |
2 Bed
|
1 Bath
|
1041 ft²
|
-
2 Bed
1 Bath
1041 ft²
|
-
-
|
-
|
Building Info
About Bloomington
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Listed by: Jacqui Miller, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11874968
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11874968
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