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Normal 61761
1115 Bakewell Avenue
$195,100
● House - Off Market

1115 Bakewell Avenue

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,766 Ft²
$179,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Very well-maintained ranch home located in Normal near Fairview Elementary school, park/pool, shopping and ISU. 3 bedrooms and 2 full baths. Hardwood flooring under carpeting in living room and all 3 bedrooms. Large living room that measures 27x12. Nice eat in kitchen with plenty of cabinet and counter space - all appliances remain. Beautiful 26x14 four seasons room addition with tons of natural lights. Updated vinyl windows on main floor. Finished lower level features a large family room, laundry, kitchenette, 2nd bathroom and add'l room. Furnace and both air conditioning units new in 2015. 1 car attached garage. Beautiful parklike backyard with storage shed. Home will be sold AS-IS with no known defects.
Unit Size
2,766 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11899382)

Price History

Date / Event Date Event Price
Nov 14, 2023 Sold
Premium
Sold
Oct 11, 2023 Listed by RE/MAX Choice $179,900
Listed by RE/MAX Choice

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,201
  • Garage Type: 7
  • Garage Square Area: 343
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,919
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 910
  • Total Building Area: 2,402
  • Building Area: 1,201
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,201
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELVIEW ADD
  • Land Acres: 0000000251
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: BELVIEW ADD TO NORMAL LOT 11 & N4 LOT 12

Neighborhood

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

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-21-180-011
  • Lot: 11,12
  • Meridian: SEC 21 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5265
  • Longitude: -88.9945

    Address

  • Full Address: 1115 Bakewell Ave
  • Address - House Number: 1115
  • Address - Street Name: Bakewell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Normal
  • Carrier Code: C041
  • 4-Digit Zip Code: 1207
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $220,290
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 146,905
  • High Value: 177,462
  • Low Value: 116,349

    Market Valuation

  • Market Total Value: $139,599
  • Market Land Value: $38,208
  • Market Improvement Value: $101,391

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,533
  • Assessed Land Value: $12,736
  • Assessed Improvements Value: $33,797

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15827
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

42

Average Home Size

2265 ft²

Average Home Age

37.6 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: Will Grimsley, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11899382
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 1115 Bakewell Avenue built and last sold?
The property at 1115 Bakewell Avenue was built in 1959 and last sold on Oct 25, 2023 for $195,500.
How much is this home worth?
The estimated value of the home located at 1115 Bakewell Avenue is $0.
What are some comparable homes to 1115 Bakewell Avenue?
There are currently no comparable homes to 1115 Bakewell Avenue.
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