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Normal 61761
227 Belview Avenue
$252,000
● House - Off Market

227 Belview Avenue

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,192 Ft²
$1,504
Est. Monthly

About This Property

Welcome to this well maintained 3 bedroom, 2 bath house located in north Normal.  This home is conveniently located near Uptown Normal and main thoroughfares. This home sits on a fenced, corner lot, near the Constitution Trail. The upper level of the home features the bedrooms and 2 full bathroom, living room and eat in kitchen. The lower level of the house has a large family room, additional room that can easily be used as a 4th bedroom and large storage room. On those nice summer nights, you can enjoy your evenings on the large deck or out in the fenced backyard around the fire pit.  Recent updates include roof (2025), HVAC (2021), Therma true front door (2023) and more!  Stop today to see this house before its gone!
Unit Size
2,192 Ft²
Days on Market
-
Land Size
-
Price per sqft
$107
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1977

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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: 1977
  • Effective Year Built: 1977
  • 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 Cover: 0
  • Basement Type: 8
  • Basement Area: 1,008
  • Garage Type: 7
  • Garage Square Area: 444
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,642
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,108
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUNKER HILL
  • Land Acres: 0000000221
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 85 BUNKER HILL SUB

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-21-262-001
  • Lot: 85
  • Meridian: SEC 21 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.526
  • Longitude: -88.9896

    Address

  • Full Address: 227 Belview Ave
  • Address - House Number: 227
  • Address - Street Name: Belview
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Normal
  • Carrier Code: C046
  • 4-Digit Zip Code: 1309
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $365,358
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2167
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 167,002
  • High Value: 203,194
  • Low Value: 130,809

    Market Valuation

  • Market Total Value: $140,016
  • Market Land Value: $34,200
  • Market Improvement Value: $105,816

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,672
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $35,272

    Sales

  • Current Sale Contract Date: Jul 27, 2017
  • Current Sale Recording Date: Aug 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-00013962
  • Previous Sale Recording Date: Aug 08, 2014
  • Previous Sale Contract Date: Jul 30, 2014
  • Previous Sale Amount: $132,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

2207 ft²

Average Home Age

42.5 years

Currently For Sale

43 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: Jason Collins, RE/MAX Choice
Data Source: MRED, MLS# MRD12610460
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 227 Belview Avenue built and last sold?
The property at 227 Belview Avenue was built in 1977 and last sold on Jul 27, 2017 for $133,500.
How much is this home worth?
The estimated value of the home located at 227 Belview Avenue is $0.
What are some comparable homes to 227 Belview Avenue?
There are currently no comparable homes to 227 Belview Avenue.
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