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Bloomington, IL Apartment Buildings for Sale

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

501 Lutz Rd, Bloomington, IL 61704

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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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Downtown Condo in Eisenberger Building
Updated: Mar 14, 2025
Downtown Condo in Eisenberger Building

212 N Center Street #402, Bloomington, IL 61701

$145,000
938 sqft
Downtown Bloomington location across from the old courthouse.
Secure building with gated parking.
Two bedrooms and two bathrooms.
Open living room with gallery kitchen, granite countertops, and new ceramic tile flooring.**
Primary bedroom with whirlpool tub and walk‑in closet.**
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See hot listings in Bloomington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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.

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.

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Student Housing Apartment Community
Student Housing Apartment Community

120 McKnight Street, Normal, IL 61761

Contact for pricing

Student residences include apartment and townhome layouts with extensive outdoor amenities and a landscaped central courtyard.

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Luxury Lofts in Waterfront Place
Luxury Lofts in Waterfront Place

311 Southwest Water Street, Peoria, IL 61602

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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

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

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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

Estimated value: by Request
4,800 sqft 0.19 AC lot
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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 64,204 square feet of properties for sale, with an estimated market value of $145,000.

Sale prices for two-family homes in Bloomington, IL average $145,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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 $145K

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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