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    Bloomington, IL Apartment Buildings for Sale

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    Normal, IL Heyworth, IL Danvers, IL Hudson, IL Downs, IL Carlock, IL Stanford, IL Ellsworth, IL
    New Multifamily Community in Bloomington
    Updated: Jan 27
    New Multifamily Community in Bloomington

    501 Lutz Rd, Bloomington, IL 61704

    Contact for pricing
    63,266 sqft
    New construction (2026) multifamily community.
    56 units: mix of 1‑bedroom (16) and 2‑bedroom (40) units.
    All development and site work already completed.
    Interior features: LVT flooring, granite countertops, upscale appliances.
    Designated in‑home office space in each unit.**
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    Six-Unit Apartment Building
    Updated: Apr 24
    Six-Unit Apartment Building

    410 E Grove Street, Bloomington, IL 61701

    Contact for pricing
    Well‑maintained 6‑unit property with six off‑street parking spots
    New roof installed in 2023
    Fresh paint on walls, trim, and doors across the efficiency units
    Luxury vinyl plank flooring in five units
    Unit 5 updates include new countertops and cabinets
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Bloomington, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Buildings
    8-Unit Apartment Buildings

    202-204 Lindell Drive, Normal, IL 61761

    $649,900
    0.44 AC lot

    Two brick multifamily buildings near Illinois State University with updated windows, select appliances, and shared laundry facilities.

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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    701 Main Street, Peoria, IL 61602

    $3,100,000

    Renovated landmark combines apartments with ground-floor retail space.

    View details
    Luxury Lofts in Waterfront Place
    Luxury Lofts in Waterfront Place

    311 Southwest Water Street, Peoria, IL 61602

    Contact for pricing
    20,038 sqft

    Premier residential portfolio in Peoria's vibrant Warehouse District.

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    Apartment Development Property
    Apartment Development Property

    300 E Shelbourne Dr, Normal, IL 61761

    Contact for pricing

    Multi-family property with 100-unit Shelbourne Apartments and a community building on an 11-acre site.

    View details

    Off-Market Properties in Bloomington, IL

    Consider similar Off-Market properties in Bloomington, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    403 Bronco Dr
    Residential income properties

    403 Bronco Dr, Bloomington, IL 61704

    Value Estimation by Request
    4,800 sqft 0.19 AC lot
    View details

    Bloomington, IL Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Bloomington, IL on our real estate platform. These investment opportunities span a total of 63,266 square feet of properties for sale.

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    Demographics Overview

    Population 85K
    Population Growth (5Y) -0.4%
    Median Household Income $81,768
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

    Identify Bloomington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61701 $995K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Bloomington fall within the 100,000+ square foot range.

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