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Twin Grove 61705
9140 Polaris Drive
$220,000
● House - Off Market

9140 Polaris Drive

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,430 Ft²
$1,363
Est. Monthly
11.13%
Cap Rate

About This Property

Cute RANCH home on beautiful .56 acre lot with creek running through the back yard and mature trees backing up to farm field!  3 bedroom, 2 full bathrooms, full partially finished basement and 2 car large attached garage.  Metal roof, newer water heater 2020 and newer sump pump.  Windows are not original!  PRESOLD
Unit Size
2,430 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$88
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1973

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: APOLLO ACRES SUB
  • Land Acres: 0000000770
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 49 1ST ADD APOLLO ACRES SUB IN NW 34-24-1E & S 1/2 FORMER RR ROW LYG NE & ADJ

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 005201

Geography

  • District: 14
  • Parcel: 13-34-102-021
  • Lot: 49
  • Meridian: SEC 34 TWN 24N RNG 01E
  • Municipality: DRY GROVE
  • Latitude: 40.5001
  • Longitude: -89.0942

    Address

  • Full Address: 9140 Polaris Dr
  • Address - House Number: 9140
  • Address - Street Name: Polaris
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R004
  • 4-Digit Zip Code: 9025
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $334,684
  • Tax Rate Code Area: 1402

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 237,932
  • High Value: 287,422
  • Low Value: 188,442

    Market Valuation

  • Market Total Value: $158,694
  • Market Land Value: $40,737
  • Market Improvement Value: $117,957

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,898
  • Assessed Land Value: $13,579
  • Assessed Improvements Value: $39,319
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 Twin Grove

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$136

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3018 ft²

Average Home Age

42 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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MRED

Listed by: Serena Herr, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12379877
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 9140 Polaris Drive built and last sold?
The property at 9140 Polaris Drive was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9140 Polaris Drive is $0.
What are some comparable homes to 9140 Polaris Drive?
There are currently no comparable homes to 9140 Polaris Drive.
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