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Normal 61761
911 Fairchild Avenue
$118,000
● House - Off Market

911 Fairchild Avenue

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,058 Ft²
$839
Est. Monthly
20.76%
Cap Rate

About This Property

This 3 bedroom, 1.5 bath home has had a new roof, new furnace and some new plumbing. Will need interior paint in some rooms. Fenced in back yard with covered patio. 1 car detached garage.
Unit Size
1,058 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$104
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1955

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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 #12193504)

Price History

Date / Event Date Event Price
Jan 27, 2025 Sold
Premium
Sold
Oct 24, 2024 In contract -
In contract
Oct 21, 2024 Listed by Mid Illinois Realty $109,900
Listed by Mid Illinois Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,811
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,057
  • Building Area: 1,057
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,057
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILL TOP SUB
  • Land Acres: 0000000179
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: HILL TOP SUB LOT 28

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000302

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-29-277-005
  • Lot: 28
  • Meridian: SEC 29 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5127
  • Longitude: -89.0058

    Address

  • Full Address: 911 Fairchild Ave
  • Address - House Number: 911
  • Address - Street Name: Fairchild
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Normal
  • Carrier Code: C062
  • 4-Digit Zip Code: 2440
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $340,286
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 163,916
  • High Value: 198,011
  • Low Value: 129,822

    Market Valuation

  • Market Total Value: $113,643
  • Market Land Value: $27,984
  • Market Improvement Value: $85,659

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,881
  • Assessed Land Value: $9,328
  • Assessed Improvements Value: $28,553

    Sales

  • Current Sale Contract Date: May 22, 2013
  • Current Sale Recording Date: Jun 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013-00013665
  • Previous Sale Recording Date: Aug 02, 2010
  • Previous Sale Contract Date: Jul 30, 2010
  • Previous Sale Amount: $109,000
  • 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:

$279,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2062 ft²

Average Home Age

42.8 years

Currently For Sale

45 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

Rentals Near You

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MRED

Listed by: Joyce Cleary, Mid Illinois Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12193504
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 911 Fairchild Avenue built and last sold?
The property at 911 Fairchild Avenue was built in 1955 and last sold on May 22, 2013 for $105,000.
How much is this home worth?
The estimated value of the home located at 911 Fairchild Avenue is $112,030.
What are some comparable homes to 911 Fairchild Avenue?
There are currently no comparable homes to 911 Fairchild Avenue.
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