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Bloomington 61701 South Hill
1226 Low Street
$196,000
● House - Off Market

1226 Low Street

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,325 Ft²
$1,161
Est. Monthly

About This Property

3 bedroom home with 2 additional bedrooms in the basement. Completely remodeled home, new roof in 2024, new windows in 2023, new HVAC in 2024, new electrical box and wiring in 2024, new plumbing in 2024, shed in 2024, new flooring in 2024, two additional bedrooms in the basement totaling 5 bedrooms and many more updates!
Unit Size
1,325 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1925

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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

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • 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: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 550
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 5,606
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,796
  • Gross Building Area: 1,956
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAJORS 2ND ADD
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: MAJORS 2ND ADD LOT 10 BLK 2

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005900

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-09-154-017
  • Block: 2
  • Lot: 10
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4677
  • Longitude: -88.9993

    Address

  • Full Address: 1226 Low St
  • Address - House Number: 1226
  • Address - Street Name: Low
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C012
  • 4-Digit Zip Code: 6517
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $251,746
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 149,530
  • High Value: 180,632
  • Low Value: 118,427

    Market Valuation

  • Market Total Value: $106,863
  • Market Land Value: $21,447
  • Market Improvement Value: $85,416

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,621
  • Assessed Land Value: $7,149
  • Assessed Improvements Value: $28,472

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6293
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 South Hill

Stats & Trends

Median Asking:

$159,900

Sale Price/ft²

$102

Below Asking

0.03%

Average Days on Market

41

Average Home Size

966 ft²

Average Home Age

124 years

Currently For Sale

3 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: Natalie Nielsen, Pathway Realty, PLLC
Data Source: MRED, MLS# MRD12409277
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 1226 Low Street built and last sold?
The property at 1226 Low Street was built in 1925 and last sold on Mar 31, 2022 for $25,000.
How much is this home worth?
The estimated value of the home located at 1226 Low Street is $187,847.
What are some comparable homes to 1226 Low Street?
There are currently no comparable homes to 1226 Low Street.
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