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Bloomington 61701 South Hill
513 W MacArthur Avenue
$153,000
● House - Off Market

513 W MacArthur Avenue

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,347 Ft²
$999
Est. Monthly
18.28%
Cap Rate

About This Property

Lovely well cared for home with 3 bedrooms, two large full bathrooms, enclosed finished front porch, oversized HEATED 2 car garage that will accommodate plenty of storage and has a built in workbench, spacious eat in kitchen, and partially finished basement has extra family room and storage areas.  Beautiful woodwork throughout.  Located close to area schools.  All appliances remain.  Storage shed in side yard will provide additional storage for tools and lawnmower.
Unit Size
2,347 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
House
Property Taxes
$247
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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 168
  • Garage Type: 4
  • Garage Square Area: 558
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,804
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,744
  • Gross Building Area: 1,936
  • Building Area: 1,576
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,576
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAINTERS 2ND ADD
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: W9.5 LOT 4 BLK 17 & ALL LOT 10 BLK 16 PAINTERS 2ND ADD

Neighborhood

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

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-09-102-020
  • Block: 17,16
  • Lot: 4,10
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.473
  • Longitude: -88.9987

    Address

  • Full Address: 513 W Macarthur Ave
  • Address - House Number: 513
  • Street Direction: W
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C012
  • 4-Digit Zip Code: 5136
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $270,136
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 158,149
  • High Value: 191,044
  • Low Value: 125,254

    Market Valuation

  • Market Total Value: $128,355
  • Market Land Value: $21,708
  • Market Improvement Value: $106,647

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,785
  • Assessed Land Value: $7,236
  • Assessed Improvements Value: $35,549
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:

$160,000

Sale Price/ft²

$99

Below Asking

0.03%

Average Days on Market

40

Average Home Size

1449 ft²

Average Home Age

118 years

Currently For Sale

2 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: Serena Herr, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12312304
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 513 West Macarthur Avenue built and last sold?
The property at 513 West Macarthur Avenue was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 513 West Macarthur Avenue is $0.
What are some comparable homes to 513 West Macarthur Avenue?
There are currently no comparable homes to 513 West Macarthur Avenue.
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