Good cash flow building in a central location. Close to downtown Bloomington and bus stops to every direction of town. Each unit is currently rented with 2 units having month-to-month leases and two units with leases expiring this year. This gives the new owner great flexibility in their plans for the units. Separated gas and electric meters that tenants pay for their gas and electricity. The building owner pays for water usage. No laundry facilities in the building but there is a laundromat just two doors down for easy tenant access. The back of the building parking lot gives nice off-street parking for the tenants. The building received a new roof just one year ago and overall the building is in good working order. Sold in as is condition, price is reflecting this.
Closed
$120,000
716 W Market St, Bloomington, IL 61701
4beds
--sqft
Multi Family
Built in 1943
-- sqft lot
$185,700 Zestimate®
$--/sqft
$1,534 Estimated rent
Home value
$185,700
$162,000 - $212,000
$1,534/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tracy Haas Riley 309-275-6590,
BHHS Central Illinois, REALTORS,
Kristen Haas Oliver 309-838-6082,
BHHS Central Illinois, REALTORS
Bought with:
Noelle Burns
RE/MAX Rising
Source: MRED as distributed by MLS GRID,MLS#: 11968688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Foyer
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Unassigned, Off Street, Alley Access, Parking Lot, On Site, Owned
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 8,382 Square Feet
- Dimensions: 66X127
Details
- Parcel number: 2104159001
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: American 4-Sq.
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block, Brick/Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
- Subdivision: Not Applicable
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $126,813
- Annual tax amount: $2,875
- Date on market: 1/30/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2024 | Sold | $120,000-4% |
Source:  MRED as distributed by MLS GRID #11968688 Report a problem | ||
| 2/6/2024 | Contingent | $125,000 |
Source: MRED as distributed by MLS GRID #11968688 Report a problem | ||
| 1/30/2024 | Listed for sale | $125,000+88% |
Source: MRED as distributed by MLS GRID #11968688 Report a problem | ||
| 1/2/2020 | Listing removed | $450 |
Source: AB RENTALS INC Report a problem | ||
| 12/1/2019 | Listed for rent | $450 |
Source: Zillow Rental Manager Report a problem | ||
| 8/23/2017 | Listing removed | $450 |
Source: AB RENTALS, INC. Report a problem | ||
| 5/1/2017 | Listed for rent | $450 |
Source: Zillow Rental Manager Report a problem | ||
| 10/4/2010 | Sold | $66,500-22.6% |
Source: Public Record Report a problem | ||
| 6/5/2010 | Listing removed | $85,900 |
Source: Prudential Real Estate #2092531 Report a problem | ||
| 11/2/2009 | Price change | $85,900-13.2% |
Source: Prudential Real Estate #2092531 Report a problem | ||
| 7/31/2009 | Listed for sale | $99,000+19% |
Source: Prudential Real Estate #2092531 Report a problem | ||
| 9/3/2004 | Sold | $83,200 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,326 +5.7% | $42,271 +8.9% |
| 2024 | $3,147 +0.2% | $38,814 +3.3% |
| 2023 | $3,139 +10% | $37,559 +11.9% |
| 2022 | $2,854 +9.2% | $33,578 +9.2% |
| 2021 | $2,612 | $30,739 +4% |
| 2020 | -- | $29,556 |
| 2019 | -- | $29,556 |
| 2018 | $2,488 | $29,556 |
| 2017 | $2,488 0% | $29,556 |
| 2016 | $2,488 +33% | $29,556 +32.4% |
| 2015 | $1,871 | $22,331 |
| 2014 | $1,871 +5% | $22,331 |
| 2013 | $1,783 -2.3% | $22,331 -1.1% |
| 2012 | $1,825 | $22,577 -3.2% |
| 2011 | $1,825 +0.4% | $23,333 |
| 2010 | $1,819 -27.8% | $23,333 -28.3% |
| 2009 | $2,518 +2% | $32,522 +0.8% |
| 2008 | $2,467 +2.9% | $32,270 +2.5% |
| 2007 | $2,398 | $31,468 +6.6% |
| 2006 | -- | $29,523 +2.1% |
| 2005 | -- | $28,916 |
Find assessor info on the county website
Neighborhood: 61701
Nearby homes
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Nearby schools
GreatSchools rating
- 2/10Sheridan Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Bloomington Jr High SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Bloomington High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Irving 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.
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- Illinois
- McLean County
- Bloomington
- 61701
- 716 W Market St
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