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Bloomington 61704
4 Audie Murphy Drive
$205,000
● Land - Off Market

4 Audie Murphy Drive

Bloomington, IL 61704
bedrooms
Studio
bathrooms
0 Bath
$1,423
Est. Monthly
4.17%
Cap Rate

About This Property

Great east side location off of Empire/Route 9 - all utilities to sites. Lot includes 32 paved parking spaces.  40,732 total sq.ft.  Seller including plans for new building & $12k in building materials.  Agent interest.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$317
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11951588)

Price History

Date / Event Date Event Price
Feb 26, 2024 Sold
Premium
Sold
Dec 27, 2023 Listed by RE/MAX Rising $225,000
Listed by RE/MAX Rising

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 43,295
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 2,720
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: EMPIRE CENTER SUB
  • Land Acres: 0000000994
  • Standard Land Use Code: 2000
  • County Land Use Code: 0060
  • Legal Description 1: EMPIRE CENTER SUB LOT 5

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001103

Geography

  • District: 40
  • Parcel: 14-36-376-027
  • Lot: 5
  • Meridian: SEC 36 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4901
  • Longitude: -88.934

    Address

  • Full Address: 4 Audie Murphy Dr
  • Address - House Number: 4
  • Address - Street Name: Audie Murphy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $380,832
  • Tax Rate Code Area: 4008

    Market Valuation

  • Market Total Value: $129,300
  • Market Land Value: $129,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,100
  • Assessed Land Value: $43,100

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Feb 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2397
  • Previous Sale Recording Date: Jun 22, 2021
  • Previous Sale Contract Date: Jun 01, 2021
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: 27
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

46

Average Home Size

2509 ft²

Average Home Age

60.6 years

Currently For Sale

100 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

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MRED

Listed by: Daniel Carcasson, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11951588
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 4 Audie Murphy Drive built and last sold?
The property at 4 Audie Murphy Drive was built in and last sold on Feb 26, 2024 for $205,000.
How much is this home worth?
The estimated value of the home located at 4 Audie Murphy Drive is $227,250.
What are some comparable homes to 4 Audie Murphy Drive?
There are currently no comparable homes to 4 Audie Murphy Drive.
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