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    308 E Walnut St Bloomington, IL 61701

    New
    For Sale
    $180,000

    Residential Income, Traditional - Bloomington, IL

    Days on Market:
    4
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 308 E Walnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    2104202105
    Parking
    2

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Architectural style
    New Traditional

    RE/MAX Rising (309) 275-9333 [email protected]

    Listing agent Shannon Smith (309) 340-1000 License #475164232

    Listing date Dec 2, 2025

    MLS# 12522540 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Bloomington Triplex with Updates

    This three-unit building features old-world charm and character, including high ceilings, transom windows, and a decorative fireplace. The property has been maintained and updated. The roof was replaced in 2019. The upper unit's furnace and A/C were replaced in 2025, and the front lower unit's furnace was replaced in 2023. A detached 2-car garage is included, which the seller currently uses, but could be rented for additional income. The property is located in Bloomington, Illinois.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.9903167
    Latitude
    40.4870498

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-unit building with recent updates and income potential.
    Where is this triplex located?
    The property is located at 308 E Walnut St Bloomington, IL.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Detached 2-car garage offers rental income potential.; - Lovingly maintained and updated throughout the years.; - Roof replaced in 2019.
    (309) 340-1000
    Request Owner's contact information
    308 E Walnut St Bloomington, IL 61701
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    Bloomington, IL 61701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 E Walnut St Bloomington, IL 61701
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