$3,760,000
PENDING

2001 S Morris Ave Bloomington, IL 61704

Estimated payment $24,862/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 35 Fireplaces
  • Normal Community High School Rated A-
  • Central Heating and Cooling System

About This Home

presold

Listing Agent

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 11/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,008

Year Built

  • Built in 1995

Home Design

  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • 35 Fireplaces

Additional Features

  • Lot Dimensions are 48 x 94 x 243 x 98 x 55 x 142 x 262 x 283
  • Central Heating and Cooling System

Community Details

Overview

  • 36 Units

Building Details

  • Electric Expense $3,574
  • Maintenance Expense $2,360
  • Trash Expense $5,361
  • Water Sewer Expense $2,213
  • Operating Expense $20,902
  • Gross Income $455,571
  • Net Operating Income $329,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,008

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1995
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 16-25 Years
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 35
  • Fire Protection: Alarm On Site,Fire Extinguisher/s
  • Fireplaces: 36
  • Dishwashers: 36
  • Refrigerators: 36
  • Ranges: 36
  • Number of Washers: 36
  • Room: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Roof Structure: Pitched
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 51-100 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Trash Expense: 5361
  • Water Sewer Expenses: 2213

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 48 X 94 X 243 X 98 X 55 X 142 X 262 X 283
  • Zoning: COMMR

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 23

Multi Family

  • Net Operating Income: 329560
  • ElectricExpense: 3574
  • GrossIncome: 455571
  • Maintenance Expense: 2360
  • NumberOfUnitsTotal: 36
  • OperatingExpense: 20902
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 61008
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $50,282 $766,149 $111,137 $655,012
2022 $50,282 $577,966 $83,839 $494,127
2021 $48,131 $547,073 $79,358 $467,715
2020 $48,180 $547,073 $79,358 $467,715
2019 $46,600 $547,073 $79,358 $467,715
2018 $45,877 $536,346 $77,802 $458,544
2017 $43,887 $536,346 $77,802 $458,544
2016 $43,737 $536,346 $77,802 $458,544
2015 $44,609 $547,742 $74,838 $472,904
2014 $44,103 $547,742 $74,838 $472,904
2013 -- $547,742 $74,838 $472,904
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2025 11/08/25 Pending -- -- --
11/08/2025 11/08/25 For Sale $3,760,000 +35.4% --
09/09/2022 09/09/22 Sold $2,776,500 0.0% -- View Prior Sale
09/09/2022 09/09/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $2,776,500 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,308,500 Alliance Land Title
Warranty Deed $1,589,000 Mclean County Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,900,000 New Conventional
Previous Owner $1,300,000 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12514966

Midwest Real Estate Data (MRED)

APN: 21-17-203-001