Well-maintained 4-unit investment property with numerous recent improvements. Major updates include a new roof (2021), water heater, and new window AC units in all four apartments (2024). Interior upgrades include new flooring in Units 1, 2, and 4 as well as the common areas, plus a new stove in Unit 3. The current owner has completed extensive repairs and improvements to address prior city inspection items, bringing the property into compliance. Radon testing has also been completed. Great opportunity for investors looking for a multi-unit property close to shopping and amenities with many big-ticket items already updated.
The R-3A Residence District is intended to facilitate the development of residential districts for primarily multiple-family dwelling units which may generally serve as a zone of transition between nonresidential districts and residential districts of more moderate density. This district is further intended to provide for the needs of persons desiring multiple-family dwelling units at densities from 12 to 29 dwelling units per acre.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Public service
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
# of Parking (Total): 6
Parking Features: Unassigned, Owned
Interior
Bathroom Information
# of Baths (Full): 4
Bedroom Information
# of Bedrooms: 6
# of Bedrooms Possible: 6
Interior Features
# of Rooms: 4
Exterior
Building Information
# Of Units in Building: 4
Age: 51-60 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: Commuter Bus
Parcel Number: 1435453014
Lot Information
Dimensions: 60X120
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $4,165
Tax Year: 2024
Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $42,600
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
Community Information
Community Features: Sidewalks, Street Lights
Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 800
Rent: $800
Tenant Pays: Electric
Lease Expiration Date: Saturday, August 1, 2026
Unit Type 2 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: $850
Rent: $850
Tenant Pays: Electric
Lease Expiration Date: MTM
Unit Type 3 Information
Floor Number: 2
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: $950
Rent: $950
Tenant Pays: Electric
Lease Expiration Date: MTM
Unit Type 4 Information
Floor Number: 2
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: $950
Rent: $950
Tenant Pays: Electric
Lease Expiration Date: MTM
School Information
Elementary School District: 87
Elementary School: Stevenson Elementary
Middle Or Junior School District: 87
Middle Or Junior School: Bloomington Jr High School
High School District: 87
High School: Bloomington High School
Location Information
Subdivision Name: Holiday Knolls
Township: City of Bloomi
Corporate Limits: Bloomington
Directions: From Empire; North on Mt.Vernon; West on Salem
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7,405 square feet
Style: Other
Year Built: —
Year Renovated: —
County: McLean County
APN: 1435453014
Home facts updated by county records on Sep 2, 2026
Other
Expense Information
Water Sewer Expense: $2,400
Water Expense Source: Broker Projection
Electric Expense: $780
Trash Expense: $900
Insurance Expense: $1,630
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: Yes
Around this home
Schools
Stevenson Elementary School
Public K-5 • Assigned • 0.4mi
6/10
Bloomington Junior High School
Public 6-8 • Assigned • 1.4mi
5/10
Bloomington High School
Public 9-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Bloomington, IL • 61701
Average low and high temperatures (°F)
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82
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72
48
52
37
39
23
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$297,000 – $360,000
Sell confidently with a local market expert in Bloomington.