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Normal 61761
21 Broadway Place
$220,000
● House - Off Market

21 Broadway Place

Normal, IL 61761
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,536 Ft²
$206,679
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

You will love this gorgeous three bedroom home located in the Historical District in Normal on Broadway Place. The home features an enclosed front porch, perfect for relaxing with your cup of coffee in the morning, hardwood floors, fresh paint and tons of natural light! The beautiful kitchen is complete with a pantry, plus all the appliances stay! Enjoy the newly landscaped backyard, complete with a patio and a new fence! Some newer wiring and plumbing. The attached one car garage in located in the back of the home and features extra storage. This home is close to Illinois State University, Illinois Wesleyan University, shopping and tons of restaurants. Make this gorgeous house your home today! New AC/HVAC 2020, new dishwasher 2021 and new doors 2022.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1918

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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 #11450191)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
Jun 29, 2022 Listed by RE/MAX Rising $199,900
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 8
  • 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: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 550
  • Garage Type: 7
  • Garage Square Area: 210
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 78
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,689
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,085
  • Building Area: 1,535
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,535
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR CREST ADD
  • Land Acres: 0000000131
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: CEDAR CREST ADD LOT 3 BLK 5

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000400

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-33-282-005
  • Block: 5
  • Lot: 3
  • Meridian: SEC 33 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.4959
  • Longitude: -88.9844

    Address

  • Full Address: 21 Broadway Pl
  • Address - House Number: 21
  • Address - Street Name: Broadway
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Normal
  • Carrier Code: C045
  • 4-Digit Zip Code: 3610
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $393,150
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 200,860
  • High Value: 238,384
  • Low Value: 163,336

    Market Valuation

  • Market Total Value: $149,298
  • Market Land Value: $23,811
  • Market Improvement Value: $125,487

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,766
  • Assessed Land Value: $7,937
  • Assessed Improvements Value: $41,829

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14569
  • Previous Sale Recording Date: Apr 04, 2018
  • Previous Sale Contract Date: Mar 11, 2018
  • Previous Sale Amount: $161,000
  • 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:

$277,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2062 ft²

Average Home Age

42.8 years

Currently For Sale

45 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: Noelle Burns, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11450191
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 21 Broadway Place built and last sold?
The property at 21 Broadway Place was built in 1918 and last sold on Aug 5, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 21 Broadway Place is $0.
What are some comparable homes to 21 Broadway Place?
There are currently no comparable homes to 21 Broadway Place.
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