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Bloomington 61701
1213 Barker Street
$141,000
● House - Off Market

1213 Barker Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$843
Est. Monthly

About This Property

Spacious open floor plan, 2-bedroom home with large backyard. All one floor living, Updated kitchen, updated bath, new siding so much to offer. Great investment property! unit 5 schools. 2022 New Windows, New Patio door, Full Kitchen remodel, Bath remodel, Newer A/C and Furnace, water Heater, Electric panel, 2026 New Flooring throughout, New Fridge.  So much to offer!!!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1963

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 4,460
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,280
  • Gross Building Area: 1,301
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKVIEW SUB
  • Land Acres: 0000000102
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: PARKVIEW SUB PT 8-23-2E W92.10 LOTS 116 & E1/2 VAC ALLEY LYG W ADJ

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001404

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-08-253-039
  • Lot: 116
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4669
  • Longitude: -89.0111

    Address

  • Full Address: 1213 Barker St
  • Address - House Number: 1213
  • Address - Street Name: Barker
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C015
  • 4-Digit Zip Code: 6328
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $112,360
  • Tax Rate Code Area: 4007

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 96,442
  • High Value: 116,502
  • Low Value: 76,382

    Market Valuation

  • Market Total Value: $56,745
  • Market Land Value: $16,032
  • Market Improvement Value: $40,713

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,915
  • Assessed Land Value: $5,344
  • Assessed Improvements Value: $13,571

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15039
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 Bloomington

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2443 ft²

Average Home Age

59.3 years

Currently For Sale

101 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

Unit for rent at 612 1/2 E Chestnut Street, Bloomington, IL, 61701

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
612 1/2 E Chestnut Street #2, Bloomington, IL, 61701 Listing by Tracy Haas Riley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stacia Jewett, Keller Williams Revolution
Data Source: MRED, MLS# MRD12608285
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 1213 Barker Street built and last sold?
The property at 1213 Barker Street was built in 1963 and last sold on Aug 4, 2022 for $40,000.
How much is this home worth?
The estimated value of the home located at 1213 Barker Street is $0.
What are some comparable homes to 1213 Barker Street?
There are currently no comparable homes to 1213 Barker Street.
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