$145,000
●
Condo -
Off Market
111 Rust Road #106
Bloomington, IL 61701
2 Beds
2 Baths
1,040 Ft²
$1,096
Est. Monthly
$244
HOA / Fees
13.78%
Cap Rate
About This Property
This condo at The Chateau is ready for new owners! Enjoy this main
level condo with easy access for visitors to come through the
sliding door leading to the living room with a gas fireplace and
dining room. The lovely kitchen has ample cupboard space with all
appliances staying. With 2 bedrooms & 2 full bathrooms, including a
master suite with a large walk in closet & 2 additional closets in
the bathroom, there is lots of storage here! Windows have been
replaced as well as the sliding door. This unit includes indoor
parking and 2 additional storage spaces, one on the 4th floor and
one in the garage. Enjoy the ease of no water or gas bills as those
are included in your low cost association dues! This unit has been
professionally clean and the carpets have been cleaned as well.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
Condo
Property Taxes
$115
HOA Dues
$244
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 #12136664)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by Coldwell Banker Real Estate Group | $150,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
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: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors, Walk-In Closet(s)
Appliances: Microwave, Dishwasher, Refrigerator, Disposal, Electric Oven
Rooms: 5
Fireplace Features: Gas Log
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 2102309006
Property Type: Residential
Year Built: 1975
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,375
Tax Exemptions: Homeowner, Senior, Senior Freeze
Utilities Details
Cooling: Central Air
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: City of Bloomi
Corporate Limits: Bloomington
Directions: Going South on Veterans Parkway to Washington where you will turn right and then turn left on to Rust Road. Condo is the first unit to the left of the main doors.
County or Parish: McLean
Elementary School District: 87
Elementary School: Washington Elementary
Middle Or Junior School District: 87
Middle Or Junior School: Bloomington Jr High School
High School District: 87
High School: Bloomington High School
Other Details
Association Fee Includes: Water, Gas, TV/Cable, Lawn Care, Snow Removal
Association Fee: $244
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: Jarrin Blunier, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12136664
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# 12136664
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