Seller's Agent in 2025
Patricia Hadley
RE/MAX
(309) 663-6128
100 Total Sales
1314 Fell Ave Bloomington, IL 61701
Bloomington AreaEstimated Value: $730,967
8
Beds
9
Baths
10,436
Sq Ft
$70/Sq Ft
Est. Value
About This Home
As of September 2025Premier Multi-Family Investment Opportunity Near Illinois Wesleyan University! Don't miss this rare chance to own a fully leased, income-generating 8-bedroom duplex located just steps from Illinois Wesleyan University. This premier property is leased through May 2027, with active inquiries already coming in for the 2028 school year-offering investors long-term rental security and excellent cash flow potential. Thoughtfully remodeled throughout, this property features modern kitchens, updated bathrooms, and spacious bedrooms, many with private baths and enough room for home offices-ideal for today's student lifestyle. Steeped in history, the property sits within the White Place Historic District, developed in the late 1800s by S.R. White and known for its mature trees, elegant architecture, and charming streetscapes. Originally a single-family home and later serving as a sorority house for Illinois Wesleyan, the property now accommodates university students in a well-maintained and updated multi-family layout. Recent upgrades: retaining wall surrounding the unit replaced, furnaces, AC units, water heaters, and roof. Strong rental history, modern updates, and prime campus location make this a turn-key investment with immediate cash flow and long-term value. Whether you're expanding your portfolio or entering the student housing market, this is the investment you've been waiting for. Students are responsible for all bills except a minor utility bill for exterior lights which averages $45 a month. Unit 1: 2025-2026 deposit=$2600/rent=$2600 per month; 2026-2027 deposit=$2700/rent=$2700 per month; Unit 2: 2025-2026 deposit=$2600/rent=$2600 per month; 2026-2027 rent=$2900/deposit=$2900 per month
Last Agent to Sell the Property
RE/MAX Choice License #475195961 Listed on: 06/29/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,986
Lot Details
- 22,651 Sq Ft Lot
- Lot Dimensions are 150x150
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 9 Bathrooms
Parking
- 15 Parking Spaces
- Parking Available
- Parking Lot
- Parking Included in Price
Schools
- Bent Elementary School
- Bloomington Jr High Middle School
- Bloomington High School
Utilities
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Davis Addition Subdivision
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2025
Closed on
Sep 30, 2025
Sold by
Bought by
Seller's Agent
Patricia Hadley
RE/MAX Choice
Buyer's Agent
Kristi Ifft
RE/MAX Choice
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,967
Avg. Annual Appreciation
5.29%
Original Mortgage
$560,000
Outstanding Balance
$556,157
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$174,810
Purchase Details
Listed on
Nov 4, 2023
Closed on
Feb 26, 2024
Sold by
Bought by
Seller's Agent
Matt Hansen
Coldwell Banker Real Estate Group
Buyer's Agent
Patricia Hadley
RE/MAX Choice
List Price
$625,000
Sold Price
$625,000
Views
192
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$468,750
Interest Rate
7.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2019
Sold by
Bought by
Purchase Details
Listed on
Apr 1, 2015
Closed on
Aug 12, 2015
Sold by
Bought by
Seller's Agent
Cindy Eckols
RE/MAX Choice
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$79,900
Sold Price
$20,000
Premium/Discount to List
-$59,900
-74.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.87%
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $700,000 | Mclean County Title | ||
| $625,000 | Alliance Land Title | ||
| $550,000 | -- | ||
| -- | Attorney | ||
| $20,000 | Mclean County Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $560,000 | ||
| Closed | $468,750 | ||
| Previous Owner | $363,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $237,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $700,000 | -3.4% | $67 / Sq Ft | |
| 07/05/2025 07/05/25 | Pending | -- | -- | -- | |
| 06/29/2025 06/29/25 | For Sale | $725,000 | +16.0% | $69 / Sq Ft | |
| 02/26/2024 02/26/24 | Sold | $625,000 | 0.0% | $60 / Sq Ft | View Prior Sale |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- | |
| 01/27/2024 01/27/24 | For Sale | $625,000 | 0.0% | $60 / Sq Ft | |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- | |
| 12/16/2023 12/16/23 | Price Changed | $625,000 | -13.8% | $60 / Sq Ft | |
| 11/15/2023 11/15/23 | Price Changed | $725,000 | -6.5% | $69 / Sq Ft | |
| 11/05/2023 11/05/23 | For Sale | $775,000 | 0.0% | $74 / Sq Ft | |
| 11/05/2023 11/05/23 | Off Market | $775,000 | -- | -- | |
| 11/04/2023 11/04/23 | For Sale | $775,000 | +3775.0% | $74 / Sq Ft | |
| 08/19/2015 08/19/15 | Sold | $20,000 | -75.0% | $2 / Sq Ft | View Prior Sale |
| 04/17/2015 04/17/15 | Pending | -- | -- | -- | |
| 04/01/2015 04/01/15 | For Sale | $79,900 | -- | $8 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,010 | $134,463 | $39,218 | $95,245 |
| 2024 | $8,110 | $123,465 | $36,010 | $87,455 |
| 2022 | $8,110 | $95,429 | $27,833 | $67,596 |
| 2021 | $7,424 | $87,360 | $25,480 | $61,880 |
| 2020 | $7,405 | $87,360 | $25,480 | $61,880 |
| 2019 | $7,383 | $87,360 | $25,480 | $61,880 |
| 2018 | $7,002 | $83,200 | $24,267 | $58,933 |
| 2017 | $3,201 | $38,022 | $24,267 | $13,755 |
| 2016 | $3,196 | $38,022 | $24,267 | $13,755 |
| 2015 | $3,119 | $37,216 | $23,753 | $13,463 |
| 2014 | $12,852 | $158,386 | $23,753 | $134,633 |
| 2013 | -- | $158,386 | $23,753 | $134,633 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Hadley
-
Kristi Ifft
Buyer's Agent in 2025
Kristi Ifft
RE/MAX
57 Total Sales
-
Matt Hansen
Seller's Agent in 2024
Matt Hansen
Coldwell Banker Real Estate Group
(309) 662-9333
154 Total Sales
-
Cindy Eckols
Seller's Agent in 2015
Cindy Eckols
RE/MAX
(309) 532-1616
860 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12404931
APN: 14-33-451-027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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