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Off market
  • $221,400

    1013 S Madison St, Bloomington, IL 61701

    3beds
    2,238sqft
    SingleFamily
    Built in 1925
    5,186 Square Feet Lot
    $221,400 Zestimate®
    $99/sqft
    $1,971 Estimated rent

    Home value

    $221,400

    $210,000 - $232,000

    $1,971/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,650/mo

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    What's special

    Rare investment opportunity! Home has been converted into 2 separate units that are in phenomenal shape and come fully furnished and currently rented to 3 separate tenants that work for a well known local employer. Upstairs is set up as a large one bedroom apartment and main level is a 2 bedroom unit. Separate utilities for both units, shared water. Central air and gas forced air HVAC for both upper and lower units. Newer roof and mechanicals. Recent updates include new LVP flooring and paint throughout both units (walls, doors, trim, ceilings, millwork) Some newer light fixtures, some newer appliances, professionally landscaped, side porch painted, 30A outlet in garage for EV charging. Laundry room in basement comes with washer/dryer, shared agreement with single unit for access. Additional "farmer" bathroom in basement. Great cash flow! Full breakdown of cost and full list of furnished items in alternate docs. Reach agent for more info. Do not miss out on this one!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Interior area
    • Total interior livable area: 2,238 sqft

    Property

    Parking
    • Parking features: Off-street, Garage
    Features
    • Exterior features: Wood
    Lot
    • Size: 5,186 Square Feet
    Details
    • Parcel number: 2109143009

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Bloomington

    Financial & listing details

    • Price per square foot: $99/sqft
    • Tax assessed value: $133,395
    • Annual tax amount: $3,498

    Price history

    DateEventPrice
    2/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/3/2024Price change$1,250-30.6%$1/sqft
    Source: Zillow Rentals Report a problem
    12/24/2023Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    6/20/2023Sold$210,000+17.3%$94/sqft
    Source: MRED as distributed by MLS GRID #11779970 Report a problem
    5/15/2023Contingent$179,000$80/sqft
    Source: MRED as distributed by MLS GRID #11779970 Report a problem
    5/11/2023Listed for sale$179,000+62.7%$80/sqft
    Source: MRED as distributed by MLS GRID #11779970 Report a problem
    4/30/2021Sold$110,000+0.1%$49/sqft
    Source: MRED as distributed by MLS GRID #11001733 Report a problem
    3/6/2021Pending sale$109,900$49/sqft
    Source: MRED as distributed by MLS GRID #11001733 Report a problem
    3/6/2021Listed for sale$109,900$49/sqft
    Source: MRED as distributed by MLS GRID #11001733 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,498 +5.7%$44,465 +8.9%
    2024$3,310 +18.2%$40,828 +3.3%
    2023$2,801 +12.4%$39,509 +11.9%
    2022$2,492 -9.3%$35,322 +9.2%
    2021$2,748 $32,336 +4%
    2020-- $31,092
    2019-- $31,092
    2018$527 $31,092
    2017$527 0%$31,092
    2016$528 +0.5%$31,092
    2015$525 $31,092
    2014$525 +5%$31,092 +80.1%
    2013$500 -19%$17,267 -1.1%
    2012$618 $17,457 -3.2%
    2011$618 +0.4%$18,042
    2010$616 +0.7%$18,042
    2009$612 -4.8%$18,042 +0.8%
    2008$643 -55.5%$17,903 -41.8%
    2007$1,444 $30,768 +6.6%
    2006-- $28,866 +2.1%
    2005-- $28,272 +17.9%
    2002-- $23,980 +4.1%
    2001-- $23,031 +4.6%
    2000-- $22,016
    Find assessor info on the county website

    Neighborhood: 61701

    Nearby schools

    GreatSchools rating
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    $221,400
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    With Zillow Showcase(estimated)
    $225,828