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Normal 61761
1114 Abercorn Street
$205,000
● House - Off Market

1114 Abercorn Street

Normal, IL 61761
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,160 Ft²
$1,181
Est. Monthly
$5
HOA / Fees
6.69%
Cap Rate

About This Property

Welcome to this charming 3-bedroom, 1-bathroom ranch home featuring a spacious 2-car detached garage. Enjoy the cozy living spaces and a functional layout ideal for comfortable living. The detached garage offers additional storage and parking convenience. This home has potential for added living space, bedrooms, and a bathroom in the basement! Located in the desirable Savannah Green neighborhood with easy access to local amenities, schools, and parks. Don't miss this wonderful opportunity!
Unit Size
2,160 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
$293
HOA Dues
$5
Year Built
2002

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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 #12089378)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
Jun 23, 2024 In contract -
In contract
Jun 20, 2024 Listed by RE/MAX Rising $179,900
Listed by RE/MAX Rising

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 5,040
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 420
  • 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: SAVANNAH GREEN SUB
  • Land Acres: 0000000114
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SAVANNAH GREEN SUB 6TH ADD LT 216

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-22-410-018
  • Lot: 216
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5214
  • Longitude: -88.969

    Address

  • Full Address: 1114 Abercorn St
  • Address - House Number: 1114
  • Address - Street Name: Abercorn
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: R029
  • 4-Digit Zip Code: 5752
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $327,772
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 190,691
  • High Value: 230,354
  • Low Value: 151,027

    Market Valuation

  • Market Total Value: $127,464
  • Market Land Value: $26,796
  • Market Improvement Value: $100,668

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,488
  • Assessed Land Value: $8,932
  • Assessed Improvements Value: $33,556

    Sales

  • Current Sale Contract Date: May 27, 2010
  • Current Sale Recording Date: Jun 04, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010-00011996
  • Previous Sale Recording Date: Aug 08, 2005
  • Previous Sale Contract Date: Aug 01, 2005
  • Previous Sale Amount: $11,900
  • 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

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2112 ft²

Average Home Age

40.1 years

Currently For Sale

43 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

Rentals Near You

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MRED

Listed by: Rhendy Bradshaw, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 12089378
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 1114 Abercorn Street built and last sold?
The property at 1114 Abercorn Street was built in 2002 and last sold on May 27, 2010 for $128,500.
How much is this home worth?
The estimated value of the home located at 1114 Abercorn Street is $0.
What are some comparable homes to 1114 Abercorn Street?
There are currently no comparable homes to 1114 Abercorn Street.
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