This is a 4-unit building ready for renovation and repositioning as a strong income-producing asset. This property is ideal for experienced investors or contractors looking to add value through remodeling and maximize long-term returns. Previously configured as three 1-bedroom units and one 2-bedroom unit, the building gives you flexibility to recreate the former layout or start with a clean slate and redesign the units to best fit your investment strategy. With solid potential, this property presents an excellent opportunity to restore and reassemble into a profitable rental property.
Closed
$45,000
407 E Market St, Bloomington, IL 61701
5beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$46,400 Zestimate®
$--/sqft
$1,494 Estimated rent
Home value
$46,400
$43,000 - $50,000
$1,494/mo
Zestimate® history
Owner options
List your home for rent
$1,494/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,494/mo
Rent Zestimate®
Refinance and save
$268/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$268/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listing courtesy of:
Seth Couillard 309-530-1442,
Couillard and Company,
Megan Sargent 309-826-6722,
Couillard and Company
Bought with:
Sean Bozarth
RE/MAX Rising
Source: MRED as distributed by MLS GRID,MLS#: 12546281
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Lot
- Size: 6,900 sqft
- Dimensions: 60x115
- Features: Level
Details
- Parcel number: 2104263005
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Bloomington
- Subdivision: Not Applicable
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Sold | $45,000-30.8% |
Source:  MRED as distributed by MLS GRID #12546281 Report a problem | ||
| 1/30/2026 | Pending sale | $65,000 |
Source: MRED as distributed by MLS GRID #12546281 Report a problem | ||
| 1/15/2026 | Listed for sale | $65,000+14% |
Source: MRED as distributed by MLS GRID #12546281 Report a problem | ||
| 2/14/2024 | Sold | $57,000+128% |
Source: MRED as distributed by MLS GRID #11948951 Report a problem | ||
| 1/13/2017 | Sold | $25,000-28.6% |
Source: Agent Provided Report a problem | ||
| 9/2/2016 | Price change | $35,000-12.5% |
Source: Keller Williams - Bloomington #2153592 Report a problem | ||
| 4/29/2016 | Price change | $40,000-11.1% |
Source: Keller Williams - Bloomington #2153592 Report a problem | ||
| 1/6/2016 | Pending sale | $45,000 |
Source: Keller Williams - Bloomington #2153592 Report a problem | ||
| 10/27/2015 | Price change | $45,000-18% |
Source: Keller Williams - Bloomington #2153592 Report a problem | ||
| 10/6/2015 | Listed for sale | $54,900+138.7% |
Source: Keller Williams - Bloomington #2153592 Report a problem | ||
| 10/31/2013 | Sold | $23,000-33.3% |
Source: Agent Provided Report a problem | ||
| 9/20/2013 | Listed for sale | $34,500+1.5% |
Source: Homepath #2133393 Report a problem | ||
| 4/2/2013 | Listing removed | $34,000 |
Source: Homepath #2130060 Report a problem | ||
| 3/29/2013 | Price change | $34,000-22.7% |
Source: Coldwell Banker Heart of America Realtors #2130060 Report a problem | ||
| 3/8/2013 | Listed for sale | $44,000+1.9% |
Source: Homepath #2130060 Report a problem | ||
| 1/26/2013 | Listing removed | $43,200 |
Source: Coldwell Banker Heart of America Realtors #2130060 Report a problem | ||
| 1/9/2013 | Listed for sale | $43,200 |
Source: Homepath Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,553 +0.2% | $19,151 +3.3% |
| 2023 | $1,549 +10% | $18,532 +11.9% |
| 2022 | $1,408 +9.2% | $16,568 +9.2% |
| 2021 | $1,289 | $15,167 +4% |
| 2020 | -- | $14,583 |
| 2019 | -- | $14,583 |
| 2018 | $1,227 | $14,583 |
| 2017 | $1,227 0% | $14,583 |
| 2016 | $1,228 +0.5% | $14,583 |
| 2015 | $1,222 | $14,583 |
| 2014 | $1,222 +5% | $14,583 |
| 2013 | $1,164 -41% | $14,583 -40.3% |
| 2012 | $1,974 | $24,426 -3.2% |
| 2011 | $1,974 +0.4% | $25,244 |
| 2010 | $1,967 +0.7% | $25,244 |
| 2009 | $1,954 +2% | $25,244 +0.8% |
| 2008 | $1,915 +2.9% | $25,049 +2.6% |
| 2007 | $1,861 | $24,426 +6.6% |
| 2006 | -- | $22,916 +2.1% |
| 2005 | -- | $22,445 |
Find assessor info on the county website
Neighborhood: 61701
Nearby schools
GreatSchools rating
- 2/10Sheridan Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Bloomington Jr High SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Bloomington High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Sheridan Elementary
- Middle: Bloomington Jr High School
- High: Bloomington High School
- District: 87
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$46,400
2% more
+$928
With Zillow Showcase(estimated)
$47,328
- Illinois
- McLean County
- Bloomington
- 61701
- 407 E Market St
Nearby cities
Nearby zip codes
Other Bloomington Topics
