$160,000
SOLD AUG 25, 2025

706-708 N Roosevelt Ave Bloomington, IL 61701

Northwest Neighborhood
4 Beds
-- Bath
1,670 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

5% Below List Price

5 Days on Market

About This Home

As of August 2025

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 and includes full unfinished basements for added storage or potential future value. Each unit is individually metered, and tenants pay all utilities, minimizing owner expenses. Located in a well-established rental market and minutes from shopping, schools, and transit, this duplex offers an immediate return with long-term upside. Month-to-month leases offer flexibility for future rent increases or property updates. Don't miss this chance to own a turnkey rental property with solid tenants and strong returns.

Last Agent to Sell the Property

Venky Basam

Keller Williams Premier Realty Brokerage Phone: 309-213-1742 License #475174081 Listed on: 08/05/2025

Keller Williams Premier Realty

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1902

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 57 x 99
  • Level Lot

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 1,670 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Bloomington High School

Utilities

  • Central Air
  • Gas Water Heater

Community Details

  • Not Available Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 21-04-113-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,456

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1902
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Duplex
  • PricePerSqFt: 95.81
  • Attribution Contact: Pref: 309-213-1742
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Gas Water Heater
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Bloomington

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 57 X 99
  • Parcel #: 21-04-113-007

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2455.66
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Ramnik Khant Raj
Bought by
Patel Meet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Groller John
Bought by
Khant Raj and Khant Ramnik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
Bi Walls Inc
Bought by
Groller John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
5.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 23, 2008
Sold by
Erin Il Llc
Bought by
Bi Walls Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
5.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 12, 2008
Sold by
National City Bank
Bought by
Erin Il Llc

Purchase Details

Closed on
Jun 18, 2008
Sold by
Colburn Dennis A
Bought by
National City Bank

Purchase Details

Closed on
Apr 16, 2007
Sold by
Colburn Dennis
Bought by
Ad Colburn Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,500 None Listed On Document
Warranty Deed $95,000 Frontier Title Co
Corporate Deed $35,000 Frontier Title Co
Quit Claim Deed -- None Available
Special Warranty Deed -- Ticor Title Company
Legal Action Court Order $76,591 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $75,000 New Conventional
Previous Owner $71,250 New Conventional
Previous Owner $57,800 New Conventional
Previous Owner $27,500 Future Advance Clause Open End Mortgage
Previous Owner $55,800 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $160,000 -5.3% $96 / Sq Ft
08/10/2025 08/10/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $169,000 -- $101 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

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 $1,990 $30,287 $4,757 $25,530
2022 $1,990 $23,409 $3,676 $19,733
2021 $1,821 $21,430 $3,365 $18,065
2020 $1,816 $21,430 $3,365 $18,065
2019 $1,811 $21,430 $3,365 $18,065
2018 $1,804 $21,430 $3,365 $18,065
2017 $1,804 $21,430 $3,365 $18,065
2016 $1,801 $21,430 $3,365 $18,065
2015 $1,728 $20,614 $3,237 $17,377
2014 -- $20,614 $3,237 $17,377
2013 -- $20,614 $3,237 $17,377
Source: Public Records

Agents Affiliated with this Home

  • Venky Basam

    Seller's Agent in 2025

    Venky Basam

    Keller Williams Premier Realty

    (309) 213-1742

    1 in this area

    265 Total Sales

    Venky Basam
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Member Agent RMLSA

    Non-MLS

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1259941

RMLS Alliance

APN: 21-04-113-007

Illinois Mclean County Bloomington 61701 Northwest

706-708 N Roosevelt Ave, Bloomington, IL

This home is located at 706-708 N Roosevelt Ave, Bloomington, IL 61701 and is currently priced at $160,000, approximately $95 per square foot. This property was built in 1902. 706-708 N Roosevelt Ave is a home located in McLean County with nearby schools including Bent Elementary School, Bloomington Junior High School, and Bloomington High School.

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