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$339,000   Price Analysis
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112 W Raab Rd
Normal, IL 61761
8 bed 4 bath 3,000 SqFt ($113/SqFt)
0.25 acre lot. Built 1983
Listed 2024-05-29, Taxes $6,135
Ⓧ USDA Ineligible
due to location

near Normal

No Deferred maintenance

* Has Contingent Offer *

Buildin g is a turnkey property. Great income and wonderful location.

Clos to Bike Trail a short ride to ISU. Lots of upgrades.


Presented by Ed Larsen at
Bloomington.
Listing Agent Photo

Property MLS #12066343 from MRED

Bedrooms: 8
Bedrooms Possible: 2

Total Rooms: 4

Total Bathrooms: 1
Full Bathrooms: 4

Yes

Heating Features: Natural Gas

Lot Size Acres: 0.25
Lot Size Dimensions: 90X120
Lot Size Square Feet: 10890

Parking Features: Unassigned
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Fairview Elementary
Elementary School District: 5
High School: Normal Community West High Schoo
High School District: 5

Fairview Elementary School is a public elementary school located approximately 0.5 miles away.
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Chiddix Jr High School is a public middle school located approximately 1.7 miles away.
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Normal Community High School is a public high school located approximately 3.9 miles away.
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Calvary Christian Academy is a private elementary, middle and high school located approximately 0.5 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-4 Description: Unit 4
Unit-1 Square Feet: 750
Unit-2 Square Feet: 750
Unit-3 Square Feet: 750
Unit-4 Square Feet: 750
Unit 1 Total Actual Rent: 850
Unit 2 Total Actual Rent: 850
Unit 3 Total Actual Rent: 850
Unit 4 Total Actual Rent: 850

Annual Tax Amount: 6352.00
Source Listing Status: Active Under Contract
County: McLean
Directions: north on Main east on Raab Road
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: Northbrook
Parcel Number: 1421201007
Subdivision: Northbrook
Township: Normal
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$53,880 + $12,840
$66,720
$6,135
2020$53,320 + $12,707
$66,027
$6,101
2019$53,034 + $12,639
$65,673
$5,895
2018$52,473 + $12,505
$64,978
$5,830
2017$52,473 + $12,505
$64,978
$5,622
2016$52,473 + $12,505
$64,978
$5,561
2015$51,243 + $12,212
$63,455
$5,410
2014$51,243 + $12,212
$63,455
$5,343
2013$51,243 + $12,212
$63,455
$5,310
2012$51,641 + $12,307
$63,948
$5,134
2010$51,641 + $12,307
$63,948
$5,012
2009$51,641 + $12,307
$63,948
$4,918
2008$48,437 + $11,544
$59,981
$4,475
2008$49,890 + $11,890
$61,780
$4,655

Listed 2024-05-29
$339,000
MRED
Sold 2022-02-01
$206,000
MRED
Sold 2006-03-22
$176,000
Public Record
Sold 2005-10-04
$135,000
Public Record

Net Operating Income: 30898

Year Built: 1983
Property Age: 41
Architectural Style: Traditional

Sewer: Public Sewer
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.