Closed

$1,495,000

712 & 715 Golfcrest Road, Normal, IL 61761
60 days
712 & 715 Golfcrest Road·Normal, IL 61761
1978Year Built
About This Home

Rare opportunity to achieve proven out value-add without spending significant money on improvements. Mechanicals, roof, common areas and units have been renewed, replaced or upgraded as needed to bring the buildings into excellent operating condition. Rents increased by 30-40% once upgrades were made, and future rent rolls are projected to increase by an additional 20-25% as leases are renewed at the higher rates.

MLS# 11862525Listed October 9, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1978
Lot Size1.110 acres

Location

CountyMc Lean
Zip Code61761

Financial

List Price$1,495,000
Annual Taxes (2022)$23,616
Monthly Tax Est.$1,968
Parcel #1421102007
Interior Features

Cooling

Central Air
Utilities & Parking

Electric

Circuit Breakers
Tax & Financial
Annual Taxes
$23,616
Tax Year 2022
Monthly Tax Est.
$1,968
per month
Property Location

712 & 715 Golfcrest Road, Normal, IL 61761Mc Lean County

$1,495,000
712 & 715 Golfcrest Road
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
60 days on market
1.110 acres
$23,616/yr taxes
$9,825
estimated monthly payment
Principal & Interest
$7,857/mo
Property Tax
$1,968/mo
$1,495,000
20% — $299,000
3%50%
6.875%
3%12%
Loan Amount
$1,196,000
Down Payment
$299,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
AXIS 360 LLC*
Agent: Laura Pritts
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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