OFF MARKET

Off market mar 2023 for $333K

$381,642

Est. refi paymentEst. refi $2,140/mo

•

—

sq ft

1701 Salem Rd, Bloomington, IL 61704

About this home

Attention Investors! Great investment opportunity with excellent cash flow. Property has been well maintained by owner, not a management company. Here is a chance to invest in a property that does not need capital for a lot of deferred maintenance. New roof in 2021 and new mail boxes in 2020. Unit 1 painted in 2020. Unit 2 remodeled in 2021 and new dishwasher and range in 2021. Unit 3 remodeled in 2018, new A/C in 2021, and new paint. Unit 4 remodeled in 2019 and new refrigerator, range, and water heater in 2019.

Multi-familyProperty Type

1977Year Built

6,570 sq ftLot Size

8 spacesParking

Listed by Ed Larsen • Coldwell Banker Real Estate Group

Bought with Bruce Dillman • Keller Williams Revolution

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11725933

Redfin Estimate

$381,642

$49K since sold in March 2023$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 52.6% higher than the average sale price ($250K) of 4 comparable homes.

SOLD APR 14, 2026
$262,000
A
6 beds4 baths— sq ft
1207 Orchard Rd, Bloomington, IL 61701
SOLD SEP 30, 2026
$238,500
B
3 beds2 baths2,224 sq ft
6 E Sunshine Ct, Bloomington, IL 61704
SOLD JUN 24, 2026
$260,000
C
4 beds2 baths2,232 sq ft
5 Siesta Ct, Bloomington, IL 61704
SOLD OCT 9, 2026
$240,000
D
4 beds2.5 baths2,106 sq ft
103 N Bayberry Ct, Bloomington, IL 61704

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Earn from this home

Refinance

Est. cash available

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Market trends in 61704, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.1%

0.4% MoM

Median sale price

$340K

$100 MoM

Avg. days on market

37d

2 days MoM

Recently sold homes

123

17 MoM

New listings for sale

NEW 15 HRS AGO
$250,000
4 beds2.5 baths2,160 sq ft
107 S Bayberry Ct, Bloomington, IL 61704
NEW 19 HRS AGO
$825,000
5 beds5 baths6,020 sq ft
1 Stonebrook Ct, Bloomington, IL 61704
$299,900
4 beds2.5 baths2,461 sq ft
2706 Sandstone St, Bloomington, IL 61704
$56,000
3 beds2 baths— sq ft
1102 11th St, Bloomington, IL 61704
OPEN NOV 1, 12PM TO 1:30PM
$309,000
3 beds2.5 baths3,010 sq ft
3510 Castlemain Dr, Bloomington, IL 61704
OPEN SUN, 3PM TO 5PM
$339,000
4 beds2.5 baths2,090 sq ft
3506 E Oakland Ave, Bloomington, IL 61704
$244,900
4 beds2 baths2,330 sq ft
1407 Ridgeport Ave, Bloomington, IL 61704
$230,000
3 beds2 baths1,080 sq ft
22 Geneva Ct, Bloomington, IL 61704
$1,250,000
4 beds4.5 baths3,694 sq ft
2 Windsong Way, Bloomington, IL 61704
$279,900
4 beds2.5 baths2,317 sq ft
2924 Capen Dr, Bloomington, IL 61704
See all

Provided by Redfin

Sale history for 1701 Salem Rd

Year

Property tax

Land + Additions

Assessment*

2024

$5,133 (+0.2%)

$14,346 + $54,601

$68,947

2023

$5,120 (+23.1%)

$12,747 + $48,515

$61,262

2022

$4,159 (+9.2%)

$10,182 + $38,751

$48,933

2021

$3,807 (+0.3%)

$9,321 + $35,474

$44,795

2020

$3,797 (+0.3%)

$9,321 + $35,474

$44,795

2019

$3,786 (+5.4%)

$9,321 + $35,474

$44,795

2018

$3,591

$8,877 + $33,785

$42,662

2017

$3,592 (−9.6%)

$8,877 + $33,785

$42,662

2016

$3,975 (−5.3%)

$8,877 + $38,418

$47,295

2015

$4,197 (+5.0%)

$9,402 + $40,688

$50,090

2013

$3,999

$9,402 + $40,688

$50,090

Tax history for 1701 Salem Rd

Year

Property tax

Land + Additions

Assessment*

2024

$5,133 (+0.2%)

$14,346 + $54,601

$68,947

2023

$5,120 (+23.1%)

$12,747 + $48,515

$61,262

2022

$4,159 (+9.2%)

$10,182 + $38,751

$48,933

2021

$3,807 (+0.3%)

$9,321 + $35,474

$44,795

2020

$3,797 (+0.3%)

$9,321 + $35,474

$44,795

2019

$3,786 (+5.4%)

$9,321 + $35,474

$44,795

2018

$3,591

$8,877 + $33,785

$42,662

2017

$3,592 (−9.6%)

$8,877 + $33,785

$42,662

2016

$3,975 (−5.3%)

$8,877 + $38,418

$47,295

2015

$4,197 (+5.0%)

$9,402 + $40,688

$50,090

2013

$3,999

$9,402 + $40,688

$50,090

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

73 ft.

Lot depth

90 ft.

Lot size

0.3 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

McLean County

APN

1435452005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 2, 2026.

B-1

General Commercial District

The intent of this B-1 General Commercial District is to facilitate the development of community and regional commercial areas. Customers in this district will generally use a motor vehicle to reach a desired establishment. The development contemplated in this district has such distinguishing characteristics as unified site planning and development that promotes a safe and conducive atmosphere for large volumes of shoppers; site accessibility such that the high volumes of traffic generated create minimal congestion and adverse impact upon surrounding land use; and unified architectural treatment of buildings rather than an assemblage of separate, conflicting store and structural types.

Permitted uses

Include but are not limited to:

Gas station
Bank
General retail
Retail-Grocery
Restaurant
Housing-Senior
Hotel / motel
Office
Medical office
Public service

Property details

Parking

Parking Information
# Of Cars: 8
# of Parking (Total): 8
Parking On-Site: Yes
Parking: Space/s
Parking Ownership: Owned

Interior

Bathroom Information
# of Baths (Full): 4

Bedroom Information
# of Bedrooms: 8
# of Bedrooms Possible: 8

Additional Rooms Information
Basement Description: None

Interior Features
# of Rooms: 20

Exterior

Building Information
# Of Units in Building: 4
Exterior Building Type: Vinyl Siding,Brick
Age: 41-50 Years
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 1435452005

Lot Information
Dimensions: 73 X 90
Lot Size: Less Than .25 Acre
Zoning: MULTI
BNAR Zoning: B1

Financial

Tax Information
Tax Annual Amount: $3,806.94
Tax Year: 2021

Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $40,800

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Electric, Baseboard

Location

Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 900
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Window Air Conditioner
Security Deposit: 850
Rent: $850
Tenant Pays: Electric,Sewer,Water
Lease Expiration Date: M/M

Unit Type 2 Information
Floor Number: 1
Sq. Ft.: 900
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Window Air Conditioner
Security Deposit: $850
Rent: $850
Tenant Pays: Electric,Sewer,Water
Lease Expiration Date: M/M

Unit Type 3 Information
Floor Number: 2
Sq. Ft.: 900
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Window Air Conditioner
Security Deposit: $850
Rent: $850
Tenant Pays: Electric,Sewer,Water
Lease Expiration Date: M/M

Unit Type 4 Information
Floor Number: 2
Sq. Ft.: 900
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Window Air Conditioner
Security Deposit: $850
Rent: $850
Tenant Pays: Electric,Sewer,Water
Lease Expiration Date: Thursday, June 1, 2023

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: Empire St. to Mr. Vernon Dr Service Rd., L on Salem. Corner of Salem & Orchard.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.3 acres
Style: Other
Year Built: —
Year Renovated: —
County: McLean County
APN: 1435452005

Home facts updated by county records on Sep 2, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

Stevenson Elementary School

Public K-5 • Assigned • 0.5mi

6/10

Bloomington Junior High School

Public 6-8 • Assigned • 1.4mi

5/10

Bloomington High School

Public 9-12 • Assigned • 1.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 • 61704

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

$363,000 – $439,000

Sell confidently with a local market expert in Bloomington. 3 minutes to get started.

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New listings for sale in 61704

NEW 15 HRS AGO

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107 S Bayberry Ct, Bloomington, IL 61704

NEW 19 HRS AGO3D WALKTHROUGH

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1 Stonebrook Ct, Bloomington, IL 61704

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4 beds2.5 baths2,461 sq ft

2706 Sandstone St, Bloomington, IL 61704

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3 beds2 baths— sq ft

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OPEN NOV 1, 12PM TO 1:30PM

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3 beds2.5 baths3,010 sq ft

3510 Castlemain Dr, Bloomington, IL 61704

OPEN SUN, 3PM TO 5PM

$339,000

4 beds2.5 baths2,090 sq ft

3506 E Oakland Ave, Bloomington, IL 61704

$244,900

4 beds2 baths2,330 sq ft

1407 Ridgeport Ave, Bloomington, IL 61704

$230,000

3 beds2 baths1,080 sq ft

22 Geneva Ct, Bloomington, IL 61704

$1,250,000

4 beds4.5 baths3,694 sq ft

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Home values near 1701 Salem Rd

Data from public records.

Address	Redfin Estimate
1203 Mount Vernon Dr, Bloomington, IL 4 Beds \| 2 Baths \| 1750 Sq. Ft.	$231,813
1210 Mount Vernon Dr, Bloomington, IL 3 Beds \| 2 Baths \| 1602 Sq. Ft.	$219,032

Address	Redfin Estimate
1207 Orchard Rd, Bloomington, IL 6 Beds \| 4 Baths \| - Sq. Ft.	$314,408

Address	Redfin Estimate
1209 Orchard Rd, Bloomington, IL 4 Beds \| 4 Baths \| - Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 61704, IL

Sale history for 1701 Salem Rd

Tax history for 1701 Salem Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 61704

Home values near 1701 Salem Rd

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