1216 S Oak Street, Bloomington, IL 61701
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
1216 S Oak Street,Bloomington, IL 61701
$84,000
- 2 Beds
- 1 Baths
- 804 sq. ft.
- Single family
- Pending
Listed by: kathleen bak
Office: gates and gables realty
MLS#:12500244
Source:MLSNI
Price summary
- Price:$84,000
- Price per sq. ft.:$104.48
About this home
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.
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Home facts
- Year built:1950
- Listing ID #:12500244
- Added:71 day(s) ago
- Updated:January 03, 2026 at 08:59 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:804 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Natural Gas
Structure and exterior
- Year built:1950
- Building area:804 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$84,000
- Price per sq. ft.:$104.48
- Tax amount:$1,407 (2023)
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