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Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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1216 Oak Street
Bloomington, IL 61701
McLean, US
$99,000.00
$84,000.00 listing calculator
Status: Contingent (For Sale)
Type: Residential
Size: 804 Sq. Ft.
Year Built: 1950
Bedrooms: 2
Bathrooms: 1
MLS ID: 12500244


Overview
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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.

Courtesy Of: Gates and Gables Realty


Feature Highlights


  • Built Before 1978

General Features


List Date:
10/21/2025

Interior Features


Living Area Source:
Landlord/Tenant/Seller
Bedrooms Possible:
2
Bathrooms Full:
1
Rooms Total:
4

Exterior Features and Amenities


Lot Size Dimensions:
804
Parking Total:
1

Financial


Purchase Contract Date:
2025-11-13
Days On Market:
28
Tax Annual Amount:
$1,407.00
Tax Year:
2023

Other Features


Elementary School District:
87
High School District:
87
Middle Or Junior School District:
87
Age:
71-80 Years


Directions


Start by heading south on S Main St toward W Bissell St - just 52 feet. Turn right onto W Bissell St - continue for 0.2 miles. Turn right onto S Oak St - your destination will be on the right.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-29
.

Copyright 2025 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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