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Normal 61761
1600 Aurora Way
$151,500
● House - Off Market

1600 Aurora Way

Normal, IL 61761
bedrooms
3 Beds
bathrooms
1 Bath
square feet
875 Ft²
$162,091
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Same Owner since 1975 Spotless 3 Bedroom ranch with lots of updates.  New Carpet in 2022 in 3 bedrooms and two rooms in lower level.  All maintenance free vinyl exterior and Newer Pella Windows, Whole House Fan, Newer wood Laminate flooring in living room and kitchen.  Lower level offers two attractive areas for entertaining or workout area.  Off street parking and Spacious 24 X 24 detached garage that you'll love to have both winter and summertime.   Fenced back yard that adjoins patio off the kitchen. Lots of room for family and pets to enjoy.  High Efficiency Pulse Furnace, Water Backup system.  Excellent location for accessing work, school, Interstate, shopping or entertainment.  Great for ownership or investment property now or in the future.  Enjoy your tour.
Unit Size
875 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$183
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1967

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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 #11322586)

Price History

Date / Event Date Event Price
Apr 7, 2022 Sold
Premium
Sold
Feb 11, 2022 Listed by RE/MAX Choice $159,900
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 875
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,757
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,750
  • Building Area: 875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 875
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL HILLS
  • Land Acres: 0000000224
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 33 1ST ADD TO COLONIAL HILLS SUB

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-21-204-024
  • Lot: 33
  • Meridian: SEC 21 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5294
  • Longitude: -88.991

    Address

  • Full Address: 1600 Aurora Way
  • Address - House Number: 1600
  • Address - Street Name: Aurora
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Normal
  • Carrier Code: C060
  • 4-Digit Zip Code: 1206
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $294,428
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2167
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 139,940
  • High Value: 170,267
  • Low Value: 109,612

    Market Valuation

  • Market Total Value: $116,328
  • Market Land Value: $21,936
  • Market Improvement Value: $94,392

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,776
  • Assessed Land Value: $7,312
  • Assessed Improvements Value: $31,464

    Sales

  • Current Sale Contract Date: Apr 07, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6815
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

42

Average Home Size

2233 ft²

Average Home Age

41.8 years

Currently For Sale

39 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 1613 Belclare Road, Normal, IL, 61761

$2,700 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Al Legg, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11322586
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 1600 Aurora Way built and last sold?
The property at 1600 Aurora Way was built in 1967 and last sold on Apr 7, 2022 for $151,500.
How much is this home worth?
The estimated value of the home located at 1600 Aurora Way is $0.
What are some comparable homes to 1600 Aurora Way?
There are currently no comparable homes to 1600 Aurora Way.
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