1216 S Oak ST new Save Request In-Person Tour Request Virtual Tour
Bloomington,IL 61701
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 804 sqft
Price per Sqft $123
MLS Listing ID 12500244
Bedrooms 2
Full Baths 1
Year Built 1950
Annual Tax Amount $1,407
Tax Year 2023
Lot Dimensions 804
Property Sub-Type Detached Single
Property Description
CALLING INVESTORS AND HOMEOWNERS ALIKE! Set far back on the lot for added privacy, this charming 2-bedroom, 1-bath home offers a rare combination of flexibility and opportunity. The deep lot provides room to grow - expand the home's footprint, add a garage or workshop, or even build a larger main residence while keeping the existing home as a guest house or rental. Whether you're an investor or homeowner, you'll appreciate the multiple exit strategies this property offers. With 804 square feet of living space, a utility room, driveway parking for multiple vehicles, and a newer 160 sq. ft. shed, there's plenty of potential to enhance or expand the existing layout. Not to mention big ticket upgrades like a newer roof (2017) and sewer line replacement to the street (2022)! For investors, the numbers make sense - this property would rent well above the 1% rule, making it an excellent BRRRR, flip, or buy-and-hold opportunity with light updates. The home features a welcoming wood front porch, ample parking, and a quiet setting that still provides convenient access to town amenities. With its solid structure, spacious lot, and strong upside potential, 1216 S Oak St presents an affordable entry point for homeowners seeking to put in TLC or investors looking for a versatile, high-return opportunity. Buyer to diligence building restrictions.
Location
State IL
County Mclean
Area Bloomington
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air,Window Unit(s)
Fireplace N
Building
Dwelling Type Detached Single
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Structure Type Aluminum Siding
New Construction false
Schools
School District 87 ,87, 87
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None