$195,000

Estimated payment $1,285/month

Total Views 1,245
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Traditional Architecture
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Corner Lot

About This Home

Fantastic investment opportunity! This income-producing 2-unit property sits on a corner lot in Bloomington and has been well cared for with big-ticket updates already done. Unit 1 spans the first floor and basement, offering an enclosed front porch, spacious family room with decorative fireplace and built-ins, a kitchen, 1 bed/1 bath on the main level, plus a finished basement with another full bath, bedroom with egress window, and laundry. This unit also enjoys use of the detached 1-car garage. Unit 2 has its own private entrance upstairs and features 2 bedrooms, a full bath, and kitchen. Major updates include radon mitigation, a new roof (2022), and a PVC sewer line to the street within the past 5-6 years. Whether you're looking to add to your portfolio or step into the rental market for the first time, this property checks the boxes-multiple units, solid rental history potential, and key improvements already handled. Priced at just $195k and with leases in place, it's ready to start producing returns for its next owner.

Listing Agent

Amanda Wycoff

BHHS Central Illinois, REALTORS License #475131048 Listed on: 08/21/2025

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 38x75
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Radon Mitigation System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Bent Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Egress Window, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Radon Mitigation System
  • Room Type: Enclosed Porch
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Oven/Built-in

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Brick/Mortar
  • List Price: 195000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

  • Elementary School: Bent Elementary School
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 38X75
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 2675.06
  • Tax Year: 2024

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,2 Story Unit/s,Converted Residence

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $2,426 $32,993 $3,414 $29,579
2022 $2,426 $28,543 $2,954 $25,589
2021 $2,221 $26,129 $2,704 $23,425
2020 $2,130 $25,124 $2,600 $22,524
2019 $2,123 $25,124 $2,600 $22,524
2018 $2,115 $25,124 $2,600 $22,524
2017 $2,115 $25,124 $2,600 $22,524
2016 $2,248 $26,749 $2,600 $24,149
2015 $2,242 $26,749 $2,600 $24,149
2014 $2,170 $26,749 $2,600 $24,149
2013 -- $26,749 $2,600 $24,149
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $195,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $33,500 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Closed $70,000 Commercial
Closed $75,000 New Conventional
Previous Owner $25,125 No Value Available
Previous Owner $15,000 Future Advance Clause Open End Mortgage
Previous Owner $10,000 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Homes in Bloomington, IL

  • 706-708 N Roosevelt Ave, Bloomington, IL 61701

    $169,000

    • 4 Beds
    • 1,670 Sq Ft
    • 706-708 N Roosevelt Ave
    • Bloomington, IL

    Investor Opportunity in Bloomington! Offered at $169,000, this fully rented duplex offers a solid investment in the heart of Bloomington, IL. Featuring two spacious 2-bedroom, 1-bath units, each currently renting at $1,100/month, the property generates a gross annual income of $26,400, with room to increase rents over time. This low-maintenance, side-by-side duplex sits on a level 0.13-acre lot

    Venky Basam Keller Williams Premier Realty

    Section Image
  • 805 E Chestnut St, Bloomington, IL 61701

    $229,500

    • 5 Beds
    • 3 Baths
    • 805 E Chestnut St
    • Bloomington, IL

    Great income property. Do not miss this well-kept property in a great location. All units have been refreshed as new tenants move in and out. Newly painted exterior. 4th unit is rented for garage storage. A fifth apartment is possible in basement.

    Ed Larsen Coldwell Banker Real Estate Group

    Section Image
  • 506 E Chestnut St, Bloomington, IL 61701

    $199,900

    • 5 Beds
    • 2 Baths
    • 506 E Chestnut St
    • Bloomington, IL

    Smart investment opportunity in a great east side neighborhood! This two-unit property has been refreshed inside and is currently fully occupied for solid cash flow. The main floor unit features two bedrooms and one bath and is currently leased through the end of the year. The upper unit offers three bedrooms and one bath and is currently leased through April of 2026. Mechanicals are separated

    Erin Burns Keller Williams Revolution

    Section Image
  • 706 W Front St, Bloomington, IL 61701

    $162,000

    • 3 Beds
    • 3 Baths
    • 706 W Front St
    • Bloomington, IL

    Sharp 3 unit investment property with many recent updates including new foundation front porch partial fence all new windows except basement and upstairs kitchen, new gutters , roof 2017 , new shower in unit 1 and Unit 2 has new tub , toilet and vanity sink faucet . New LVP flooring in unit 1 and 2 . All three units have new or newer furnaces . Property is turnkey and move in ready!

    Alan Birlingmair BHHS Central Illinois, REALTORS

    Section Image
  • 913 W Grove St, Bloomington, IL 61701

    $159,900

    • 5 Beds
    • 3 Baths
    • 913 W Grove St
    • Bloomington, IL

    Investment opportunity! Good sized units offering value. Clean modern living space. One tenant Unit A has lived here for over 2.5 years and is month to month. Easy to show, 24 hour notice please.

    Kindi Bliss Coldwell Banker Real Estate Group

    Section Image
  • 1218 Orchard Rd, Bloomington, IL 61704

    $169,000

    • 4 Beds
    • 2 Baths
    • 1218 Orchard Rd
    • Bloomington, IL

    Charming duplex with a solid history of updates! Highlights include a new roof (2007), new hot water heater for Unit A and new stove for Unit B (2011), new windows throughout (2013), new hot water heater for Unit B and new doors for both units (2014), and new front porches (2015). Recent updates include new HVAC systems in Unit A (2020) and Unit B (2021), plus a new refrigerator and driveway

    Angela Doyle Keller Williams Revolution

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12446801

Midwest Real Estate Data (MRED)

APN: 21-04-263-008