$305,000
SOLD DEC 23, 2025

905 Elder St Bloomington, IL 61701

6 Beds
4 Baths
-- Sq Ft
1915 Built

Recently Sold

2% Above List Price

5 Days on Market

About This Home

As of December 2025

Excellent opportunity to own a well-maintained and fully rented 4 Unit income-producing property located close to ISU, IWU, and the Constitution Trail. This property features two 2-bedroom units and two 1-bedroom units, offering a great rental mix for both students and professionals. Updates include: In 2025 - exterior of home painted & new furnaces in 2 units plus 2 bathrooms updated. In 2022 - Water heater replaced. In 2021 - 4 new windows. In 2016 - roof replacement. A well-cared-for property in a convenient central location, offering consistent occupancy, strong rental income, and excellent long-term value. Perfect for investors looking for a stable addition to their portfolio!

Last Agent to Sell the Property

Liz Franz

Keller Williams Revolution License #475199933 Listed on: 10/30/2025

Keller Williams Revolution

Last Buyer's Agent

Shannon Smith

RE/MAX Rising License #475164232

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1915

Home Design

  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Included in Price
  • Unassigned Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 55x148

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,991

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Cedar
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Yes, Owned
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

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

Lot Info

  • Lot Dimensions: 55x148
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 3990.9
  • Tax Year: 2024

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Lincoln Land Investors Llc
Bought by
Matlock Donna M

Purchase Details

Closed on
Jun 13, 2013
Sold by
Lincoln Land Investors Llc
Bought by
Jennings Thomas A and Mclean County Land Trust Nos Elo 004 Jlo

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
3.34%

Purchase Details

Closed on
May 6, 2013
Sold by
Lincoln Land Investors Llc
Bought by
Jennings Thomas A and Mclean Country Land Trust

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
3.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 -- None Listed On Document
Deed -- Lincoln Land Services
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 Sold $305,000 +2.0% --
11/05/2025 11/05/25 Pending -- -- --
10/30/2025 10/30/25 Price Changed $299,000 0.0% --
10/30/2025 10/30/25 For Sale $299,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,619 $49,222 $6,587 $42,635
2022 $3,619 $42,582 $5,698 $36,884
2021 $3,313 $38,981 $5,216 $33,765
2020 $3,304 $38,981 $5,216 $33,765
2019 $3,294 $38,981 $5,216 $33,765
2018 $3,281 $38,981 $5,216 $33,765
2017 $3,282 $38,981 $5,216 $33,765
2016 $3,276 $38,981 $5,216 $33,765
2015 $3,267 $38,981 $5,216 $33,765
2014 $3,163 $38,981 $5,216 $33,765
2013 -- $38,981 $5,216 $33,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12503439

Midwest Real Estate Data (MRED)

APN: 21-04-231-004