Homes for sale - 1216 S Oak ST, Bloomington, IL 61701

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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$99,000

Est. payment - /mo

2 Beds

1 Bath

804 SqFt

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UPDATED:

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

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Listed by Kathleen Bak of Gates and Gables Realty

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

1216 S Oak ST Bloomington, IL 61701

Rich Ayers

Key Details

Location

Rooms

Interior

Building

Schools

Others

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1216 S Oak ST