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Normal 61761
114 S Parkside Road
$215,000
● House - Off Market

114 S Parkside Road

Normal, IL 61761
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,256 Ft²
$223,608
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Come see this move-in ready Bi-Level in North West Normal! A fantastic neighborhood close to all three levels of Unit 5 Schools, Maxwell Park, and Carl's Ice Cream! This home has been very well maintained by the owners and received several recent updates, including: furnace and A/C, refrigerator and dishwasher, washer and dryer, insulated garage door and front double-doors, wide fence gate to backyard and a spacious shed. French doors in the kitchen lead out to a spacious two-tiered deck and large fenced-in yard. 2-car attached heated garage.
Unit Size
2,256 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$95
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1972

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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 #11490083)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Aug 12, 2022 Listed by RE/MAX Rising $215,000
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 8
  • Basement Area: 1,092
  • Garage Type: 7
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,522
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,220
  • Building Area: 1,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY PARK
  • Land Acres: 0000000242
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: UNIVERSITY PARK LOT 8

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000302

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-29-301-008
  • Lot: 8
  • Meridian: SEC 29 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5078
  • Longitude: -89.0207

    Address

  • Full Address: 114 S Parkside Rd
  • Address - House Number: 114
  • Street Direction: S
  • Address - Street Name: Parkside
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Normal
  • Carrier Code: R012
  • 4-Digit Zip Code: 2773
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $391,354
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 209,118
  • High Value: 250,907
  • Low Value: 167,329

    Market Valuation

  • Market Total Value: $148,698
  • Market Land Value: $36,702
  • Market Improvement Value: $111,996

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,566
  • Assessed Land Value: $12,234
  • Assessed Improvements Value: $37,332

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17520
  • Previous Sale Recording Date: Oct 10, 2017
  • Previous Sale Contract Date: Oct 02, 2017
  • Previous Sale Amount: $145,000
  • 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

$120

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2114 ft²

Average Home Age

42.1 years

Currently For Sale

41 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: Anna Robinson, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11490083
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 114 South Parkside Road built and last sold?
The property at 114 South Parkside Road was built in 1972 and last sold on Sep 23, 2022 for $215,000.
How much is this home worth?
The estimated value of the home located at 114 South Parkside Road is $220,676.
What are some comparable homes to 114 South Parkside Road?
There are currently no comparable homes to 114 South Parkside Road.
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