Bloomington, IL 61701,1216 S Oak ST
Bloomington, IL 61701,1216 S Oak ST
Bloomington, IL 61701,1216 S Oak ST
10
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$84,000
Est. payment /mo
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2 Beds
1 Bath
804 SqFt
Active Under Contract

1216 S Oak ST Bloomington, IL 61701

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Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 804 sqft

Price per Sqft $104

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


Midwest Real Estate Data (MRED) IDX
Listed by Kathleen Bak of  Gates and Gables Realty 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 18
  • 7

    Glenn Elementary School

    Public | KG - 5

  • 7

    Washington Elementary School

    Public | KG - 5

  • 5

    Pepper Ridge Elementary School

    Public | KG - 5

  • 5

    Colene Hoose Elementary School

    Public | KG - 5

  • 5

    Oakland Elementary School

    Public | KG - 5

  • 5

    Sugar Creek Elementary School

    Public | PK - 5

  • 4

    Parkside Elementary School

    Public | KG - 5

  • 4

    Sheridan Elementary School

    Public | KG - 5

  • 4

    Oakdale Elementary School

    Public | KG - 5

  • 4

    Bent Elementary School

    Public | KG - 5

  • 3

    Irving Elementary School

    Public | KG - 5

  • 0

    Trinity Lutheran School

    Private | PK - 8

  • 0

    St Marys School

    Private | PK - 8

  • 0

    Thomas Metcalf School

    Public | PK - 8

  • 0

    Cedar Ridge Elementary School

    Public | KG - 5

  • 0

    Epiphany Catholic School

    Private | PK - 8

  • 0

    Corpus Christy Catholic School

    Private | PK - 8

  • 0

    Corpus Christi Catholic School

    Private | PK - 8

Middle Schools 4
  • 6

    Parkside Jr High School

    Public | 6 - 8

  • 6

    Kingsley Jr High School

    Public | 6 - 8

  • 6

    Chiddix Jr High School

    Public | 6 - 8

  • 4

    Bloomington Jr High School

    Public | 6 - 8

High Schools 4
  • 6

    Bloomington High School

    Public | 9 - 12

  • 1

    Ybmc Charter School

    Public | 10 - 12

  • 0

    Youthbuild Academy

    Private | 9 - 12

  • 0

    Regional Alop School

    Public | 9 - 12

School and business data provided by Attom Data.

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Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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1216 S Oak ST