1008 Summit St
Bloomington, IL 61701
2 bd 2 ba 1,748 sqft Built 1925 Lot 7,550 sqft single_family
Most recent sale
$120,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $120,000 | MLS #11367004 |
| Apr 6, 2022 | Listed | $120,000 | MLS #11367004 |
| Jan 1, 1993 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $28,649 | $11,057 | $39,706 | $2,484 |
| 2022 | $22,422 | $8,654 | $31,076 | $2,641 |
| 2021 | $21,203 | $8,183 | $29,386 | $2,497 |
| 2020 | $20,446 | $7,891 | $28,337 | $2,402 |
| 2019 | $20,446 | $7,891 | $28,337 | $2,395 |
| 2018 | $20,446 | $7,891 | $28,337 | $2,385 |
| 2017 | $20,446 | $7,891 | $28,337 | $2,386 |
| 2016 | $20,446 | $7,891 | $28,337 | $2,382 |
| 2015 | $20,176 | $7,787 | $27,963 | $2,343 |
| 2014 | $19,613 | $7,787 | $27,400 | $2,223 |
| 2013 | $19,613 | $7,787 | $27,400 | $2,188 |
| 2012 | $20,873 | $8,287 | $29,160 | $2,294 |
| 2010 | $22,449 | $7,381 | $29,830 | $2,325 |
| 2009 | $22,449 | $7,381 | $29,830 | $2,309 |
| 2008 | $21,447 | $7,052 | $28,499 | $2,179 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,748 sqft
Lot size
7,550 sqft
ZIP code
61701
City
Bloomington
Street
Summit St
Coordinates
40.46918, -89.00044
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1008 Summit St last sell?
1008 Summit St most recently sold on May 27, 2022 for $120,000.
What is the current tax assessment for 1008 Summit St?
The most recent total assessment for 1008 Summit St (year 2024) is $39,706 with $2,484 in property tax.
How does 1008 Summit St's assessment compare to its last sale price?
The current assessment is 66.9% below the last sale price of $120,000.
When was 1008 Summit St built?
1008 Summit St was built in 1925.
How does 1008 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 1008 Summit St?
1008 Summit St is a 2 bed, 2 bath, 1,748 sqft, 7,550 sqft lot single_family.
Is 1008 Summit St a flip candidate?
No — 1008 Summit St does not appear in our flips dataset.
Is 1008 Summit St a tax-appeal candidate?
No — 1008 Summit St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.8%
Implied 1-yr
+23.3%
2026 Q3
$244.4K
2026 Q4
$254.7K
ZIP 61701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit St