501 Lutz Rd Bloomington, IL 61704
Bloomington AreaEstimated payment $65,292/month
About This Home
Introducing an exciting new multifamily community coming to Bloomington, new construction in 2026 - The Vista at Wittenberg, located at 501 Lutz Road. Thoughtfully planned, all development and site work has already been completed, providing a streamlined path to construction and delivery. This 56-unit development will offer a balanced mix of modern living spaces, including 16 spacious 1-bedroom units and 40 well-designed 2-bedroom units, ideal for residents seeking convenience, comfort, and style. Interior features of the units include LVT flooring, granite countertops and upscale appliances, along with a designated in-home office space. The Vista at Wittenberg development offers an attractive opportunity for future residents and multifamily investors alike. Disclaimer: All photos and floor plans are conceptual renderings. Actual building design, finishes, and layouts may differ.
Listing Agent
CORE 3 Commercial Real Estate License #475166842 Listed on: 02/26/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $142
Year Built
- Built in 2026
Lot Details
- 3.8 Acre Lot
- Lot Dimensions are 395 x 337 x 102 x 200 x 94 x 200 x 185 x 354
Home Design
- Garden Apartment
Interior Spaces
- 63,266 Sq Ft Home
- 2-Story Property
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
Overview
- 56 Units
Building Details
- Electric Expense $9,600
- Insurance Expense $27,500
- Maintenance Expense $29,000
- Other Expense $18,000
- Trash Expense $9,000
- Water Sewer Expense $6,900
- Operating Expense $396,591
- Gross Income $1,126,320
- Net Operating Income $729,729
Map
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 |
|---|---|---|---|---|
| 02/26/2026 02/26/26 | For Sale | $11,900,000 | -- | $188 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12578316
APN: 21-17-451-007
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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Ask me questions while you tour the home.