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Bloomington 61701 Northwest Union
710 W Walnut Street
$164,000
● House - Off Market

710 W Walnut Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,088 Ft²
$1,056
Est. Monthly
9.69%
Cap Rate

About This Property

This extensively remodeled, charming, cozy 2 bedroom home is nestled in historic Bloomington and is move-in ready. The remodeled kitchen and bath give it a modern feel. Updated lighting, flooring, and woodwork flow throughout.  Laundry is conveniently located on the first floor.  The full basement give additional storage area.  There is a 1/2 bath in the basement too! You'll find a nice sized deck, fenced backyard and 2 car garage which leads to the alley.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1910

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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: 1910
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 232
  • Garage Type: 4
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 5,864
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,312
  • Gross Building Area: 1,369
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE ADD
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: COLLEGE ADD W1/2 & ALL VAC ALLEY LOT 23

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001303

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-04-106-007
  • Lot: 23
  • Meridian: SEC 04 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4864
  • Longitude: -89.001

    Address

  • Full Address: 710 W Walnut St
  • Address - House Number: 710
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C017
  • 4-Digit Zip Code: 2833
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $262,266
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 137,305
  • High Value: 165,865
  • Low Value: 108,746

    Market Valuation

  • Market Total Value: $110,577
  • Market Land Value: $20,235
  • Market Improvement Value: $90,342

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,859
  • Assessed Land Value: $6,745
  • Assessed Improvements Value: $30,114

    Sales

  • Current Sale Contract Date: Jul 15, 2009
  • Current Sale Recording Date: Jul 20, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009-00023308
  • Previous Sale Recording Date: Sep 01, 2005
  • Previous Sale Contract Date: Aug 26, 2005
  • Previous Sale Amount: $91,000
  • 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 Northwest Union

Stats & Trends

Median Asking:

$148,950

Sale Price/ft²

$92

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1677 ft²

Average Home Age

116 years

Currently For Sale

4 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: Allison Smith, RE/MAX Rising
Data Source: MRED, MLS# MRD12412763
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 710 West Walnut Street built and last sold?
The property at 710 West Walnut Street was built in 1910 and last sold on Jul 15, 2009 for $98,000.
How much is this home worth?
The estimated value of the home located at 710 West Walnut Street is $0.
What are some comparable homes to 710 West Walnut Street?
There are currently no comparable homes to 710 West Walnut Street.
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