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Normal 61761
1112 Liberty Road
$255,000
● House - Off Market

1112 Liberty Road

Normal, IL 61761
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,034 Ft²
$1,649
Est. Monthly
11.90%
Cap Rate

About This Property

This beautiful home has four bedrooms, three full bathrooms, and a two-car oversized attached garage. The main level has a wonderful kitchen open to a dining area with plenty of cabinets/counters, living room, three bedrooms, and two full bathrooms. The lower level has a large family room with a gas fireplace and built-in bookcases, fourth bedroom, full bathroom, and laundry room. There is an amazing double deck in the back of the home perfect for entertaining and the backyard is fenced in. Also located on a cul-de-sac street! The home is just an eleven-minute drive to Rivian and State Farm. The home is within the Unit 5 School District and conveniently located near shopping, dining, and parks.
Unit Size
2,034 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1979

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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: 2 years ago (MRED MLS #12216945)

Price History

Date / Event Date Event Price
Dec 30, 2024 Sold
Premium
Sold
Dec 5, 2024 In contract -
In contract
Dec 2, 2024 Listed by Coldwell Banker Real Estate Group $249,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,116
  • Garage Type: 7
  • Garage Square Area: 608
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,560
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,291
  • Building Area: 1,175
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,175
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUNKER HILL
  • Land Acres: 0000000262
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 71 BUNKER HILL SUB

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000107

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-21-262-015
  • Lot: 71
  • Meridian: SEC 21 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.526
  • Longitude: -88.9865

    Address

  • Full Address: 1112 Liberty Rd
  • Address - House Number: 1112
  • Address - Street Name: Liberty
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Normal
  • Carrier Code: C046
  • 4-Digit Zip Code: 1311
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,338
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 196,942
  • High Value: 234,990
  • Low Value: 158,894

    Market Valuation

  • Market Total Value: $176,412
  • Market Land Value: $36,219
  • Market Improvement Value: $140,193

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,804
  • Assessed Land Value: $12,073
  • Assessed Improvements Value: $46,731

    Sales

  • Current Sale Contract Date: Jun 25, 2015
  • Current Sale Recording Date: Jul 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-00011768
  • Previous Sale Recording Date: Aug 25, 2010
  • Previous Sale Contract Date: Aug 09, 2010
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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:

$277,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2099 ft²

Average Home Age

42.6 years

Currently For Sale

44 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: Becky Bauer, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12216945
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 1112 Liberty Road built and last sold?
The property at 1112 Liberty Road was built in 1979 and last sold on Jun 25, 2015 for $147,500.
How much is this home worth?
The estimated value of the home located at 1112 Liberty Road is $0.
What are some comparable homes to 1112 Liberty Road?
There are currently no comparable homes to 1112 Liberty Road.
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