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Near East Homes for Sale

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    $40,000

    • 2 Beds
    • 2 Baths
    • 1,040 Sq Ft

    501 E Mulberry St, Bloomington, IL 61701

    No Trespassing! This parcel is the lot on the corner of 501 E Mulberry and 605 N Evans (where an apartment building previously stood). This is all ONE parcel. No trespassing! Cash offers only. The property is boarded up completely. Sold "As is, where is." The property has been vacant for several years. Not sure of room sizes. Interior rooms are estimated! Must sign a hold harmless and have a

    Marti Ryan Vesta Real Estate LLC

    501 E Mulberry St, Bloomington, IL 61701
  • /29

    $199,900

    • 4 Beds
    • 2 Baths
    • 3,750 Sq Ft

    825 E Jefferson St, Bloomington, IL 61701

    This amazing Victorian-style Bloomington home located a short distance from the historic David Davis Mansion, sits on a prime corner lot and is packed with character and modern updates! With tall ceilings, beautiful trim, glass French doors, and tons of natural light, the spacious layout includes a living room, dining room, and flex room. First-floor primary suite adds convenience, with three

    Brandon Shaffer BHHS Central Illinois, REALTORS

    825 E Jefferson St, Bloomington, IL 61701
  • /17

    $105,000

    • 5 Beds
    • 2 Baths
    • 1,731 Sq Ft

    622 E Mulberry St, Bloomington, IL 61701

    Tons of space in this 4/5 bedroom home. Oversized 2 car detached garage. Extra deep lot is 130 feet deep. Fresh drywall and paint. All newer flooring. Roof is 7 years old. Newer windows. Furnace is approximately 10 years old. Newer light fixtures. Toilet and vanity are newer. No showings, no entry. Do not disturb tenants. Rented for 1350 per month. 36 month lease. They have been there

    Caroline Bird Coldwell Banker Real Estate Group

    622 E Mulberry St, Bloomington, IL 61701

Why Live in Near East

Near East in Bloomington, Illinois, is a neighborhood known for its historic homes, many of which are 80 to 100 years old. The area features American Foursquare and Folk Victorian houses, offering a range of affordable options with charming architectural details. Tree-lined streets and sidewalks create a picturesque setting, with homes built close together on small plots, often including driveways. Residents appreciate the proximity to downtown Bloomington, just about a mile away, and the mix of residential, light industrial, and commercial spaces that cater to various lifestyles. Dining options include Lucca’s Grill, known for its Italian-style pizza and sandwiches, and Annie’s Eats, which serves barbecue favorites. For sweet treats, Grove Street Bakery offers a nostalgic atmosphere with a variety of baked goods. Shopping options include Godbey’s Goodys antique store, One More Time pawn shop, and Lakewood Plaza, which features a Hyvee supermarket and several fast-food outlets. The Downtown Bloomington Farmers Market, held every Saturday from May through October, and the McClean County Arts Center, which hosts art exhibitions and the Sugar Creek Arts Festival, provide cultural and recreational activities. Atwood Wayside Park, connected to the Constitution Trail, offers scenic hiking and biking paths. The neighborhood is served by Bloomington High School, which has a high rating and offers Advanced Placement classes. Although public transportation is limited, the Connect Transit bus and major highways like Illinois State Route 9, along with the Central Illinois Regional Airport 4.5 miles away, ensure good connectivity.

Frequently Asked Questions

Is Near East a good place to live?
Near East is a good place to live. Near East is considered fairly walkable and very bikeable with some transit options. Near East has 2 parks for recreational activities. It is very dense in population with 15.6 people per acre and a median age of 36. The average household income is $50,444 which is below the national average. College graduates make up 26.6% of residents. A majority of residents in Near East are renters, with 75% of residents renting and 25% of residents owning their home. A local real estate agent serving Near East can help you decide if this neighborhood is the right one for you. Learn more on our Near East neighborhood guide.
Is Near East, IL a safe neighborhood?
Near East, IL is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Near East?
The median home price in Near East is $300,000. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $67K a year to afford the median home price in Near East. The average household income in Near East is $50K.
What are the best public schools in Near East?
The best public schools that serve Near East are:
What are the best private schools in Near East?
The best private schools that serve Near East are:
What are the most popular zip codes in Near East, Bloomington, IL?
The most popular zip codes in Near East, Bloomington, IL include 61701, 61761, 61705, 61704 and 61732.
What are the most popular neighborhoods near Near East, Bloomington, IL?
The most popular neighborhoods near Near East, Bloomington, IL are Near East, West Bloomington, Northwest, South Hill and South Oakland.

Home Trends in Near East, IL

Housing Trends

Median Single Family Sale Price
$555,000
Median 2 Bedroom Sale Price
$1,369,900
Average Price Per Sq Ft
$511
Number of Homes for Sale
5
Last 12 months Home Sales
0
Median List Price
$300,000
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