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Updated Two-Unit Duplex
For Sale
Contact for pricing
Pending

901 S Lee Street, Bloomington, IL 61701

Corner-lot property with month-to-month occupancy, tenant-paid utilities, and recent mechanical and exterior improvements.

Property SizeContact for details
Days on Market355

Property Features for 901 S Lee Street

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Multifamily
Zoning MULTI

Units

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

Building Details

Year Built 1920
Buildings 1
Listing Agency: RE/MAX Rising
Listed By: Sean Caldwell · License #475165525
Source: Crexi
Added: Sep 10, 2025 Changed: Aug 29 Last Checked: Aug 29 at 1:06PM

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 RE/MAX Rising

Investment Insights

Based on property information with market context.

This duplex at 901 S Lee Street contains two separate residences with a practical unit mix: a one-bedroom, one-bath main-floor apartment and a two-bedroom, one-bath upper-level apartment. Recent improvements include a furnace and oven in the lower unit, an air-conditioning unit upstairs, and replacement of the upper-access stringer and stairs. The property was built in 1920 and carries MULTI zoning.

The corner-lot setting in Bloomington, Illinois, provides on-site and street parking. Both units are occupied under month-to-month arrangements, and tenants are responsible for all utilities. Additional property work includes a new sewer line and road hookup, providing a range of documented updates for this two-residence asset.

Key Highlights

  • Two‑unit duplex with one 1‑bedroom, 1‑bath apartment and one 2‑bedroom, 1‑bath apartment
  • Both residences occupied on month‑to‑month arrangements
  • Tenants cover all utilities

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Florist Veterinary Clinic Grocery & Convenience 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

793
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot property with month-to-month occupancy, tenant-paid utilities, and recent mechanical and exterior improvements.
Where is this duplex located?
The property is located at 901 S Lee Street Bloomington, IL.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Two‑unit duplex with one 1‑bedroom, 1‑bath apartment and one 2‑bedroom, 1‑bath apartment; Both residences occupied on month‑to‑month arrangements; Tenants cover all utilities
(309) 846-0528 Call to check price and availability
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