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Fully Leased Triplex
For Sale
Contact for pricing
Pending

820 W Washington Street, Bloomington, IL 61701

Residential income property with studio, one-bedroom, and two-bedroom units.

Property SizeContact for details
Days on Market190

Property Features for 820 W Washington Street

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x studio, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1925
Listing Agency: The Nate Evans Group
Listed By: Nate Evans · License #IL 475124281
Source: Crexi
Added: Feb 26 Changed: Sep 1 Last Checked: Aug 31 at 11:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Nate Evans Group

Investment Insights

Based on property information with market context.

This triplex contains three residential units: a studio, a one-bedroom/one-bath apartment, and a two-bedroom/one-bath apartment. The varied configuration provides a mix of smaller and larger floor plans within one property, while full occupancy is already in place.

Constructed in 1925, the property is located at 820 W Washington Street in Bloomington, Illinois. Its established residential format and existing three-unit arrangement provide a straightforward multifamily asset for an owner seeking an occupied rental property.

Key Highlights

  • Three‑unit triplex with a studio, one‑bedroom/one‑bath, and two‑bedroom/one‑bath unit mix
  • Fully leased at the time of listing
  • Built in 1925

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,160
Businesses Nearby

Demographics for 61701, IL

34,497
Population
18,038
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,136
Density / Sq Mi
$55,882
Median Household Income
$37,674
Median Earnings
$873
Median Rent
$138,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Residential income property with studio, one-bedroom, and two-bedroom units.
Where is this triplex located?
The property is located at 820 W Washington Street Bloomington, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Three‑unit triplex with a studio, one‑bedroom/one‑bath, and two‑bedroom/one‑bath unit mix; Fully leased at the time of listing; Built in 1925
(217) 239-7113 Call to check price and availability
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