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McLean 61705
8751 Camp Road
$125,000
● House - Off Market

8751 Camp Road

Bloomington, IL 61705
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,782 Ft²
$840
Est. Monthly
12.62%
Cap Rate

About This Property

Potential galore in this mid-century modern home on nearly an acre. This 2 bedroom 2 bath home with an oversized two car garage is unique and spacious offering multi level living that is cool and inviting. This place is waiting to be brought back to life and renovated with thought and style to build it back to an amazing and loved home that will catch everyone's eye as they drive by. If you are ready to put in the work on a renovation project that will bring you pride and joy, this is the home for you! Home is sold as-is.
Unit Size
2,782 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$36
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1971

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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.

Last updated: 2 years ago (MRED MLS #12223053)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Dec 13, 2024 In contract -
In contract
Dec 9, 2024 Listed by RE/MAX Rising $100,000
Listed by RE/MAX Rising

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,283
  • Total Building Area: 1,094
  • Gross Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMP SUB
  • Land Acres: 0000000810
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SEC 32-23-3E CAMP SUB LOT 4 (EX BEG SE COR LOT 4: NW239.5, NE40, SE240.5 TO POB) & (EX BEG SW COR LOT 4: SE235.5, NE40, NW241.4, SW40 TO POB) & (EX .21A TAKEN FOR HWY PER 91-10383)

Neighborhood

  • School District Name: Tri-Valley Community Unit School District 3
  • Census Tract: 005401

Geography

  • District: 24
  • Parcel: 22-32-202-001
  • Lot: 4
  • Meridian: SEC 32 TWN 23N RNG 03E
  • Municipality: OLD TOWN
  • Latitude: 40.4119
  • Longitude: -88.8916

    Address

  • Full Address: 8751 Camp Rd
  • Address - House Number: 8751
  • Address - Street Name: Camp
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R001
  • 4-Digit Zip Code: 9109
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $397,624
  • Tax Rate Code Area: 2403

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 216,948
  • High Value: 262,510
  • Low Value: 171,387

    Market Valuation

  • Market Total Value: $143,088
  • Market Land Value: $47,490
  • Market Improvement Value: $95,598

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,696
  • Assessed Land Value: $15,830
  • Assessed Improvements Value: $31,866
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 McLean

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2431 ft²

Average Home Age

53.2 years

Currently For Sale

213 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: Jodi McDermott, RE/MAX Rising
Last Updated: 2 years ago
Data Source: MRED, MLS# 12223053
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 8751 Camp Road built and last sold?
The property at 8751 Camp Road was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8751 Camp Road is $0.
What are some comparable homes to 8751 Camp Road?
There are currently no comparable homes to 8751 Camp Road.
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