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    Bloomington, IL Multifamily Properties for Sale

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    Normal, IL Hudson, IL Carlock, IL
    7 results
    Leased Investment Property Opportunity
    $155,000

    Leased Investment Property Opportunity

    605 E Empire Street, Bloomington, IL 61701

    Two-unit property in Bloomington, Illinois, with immediate rental income.

    • Fully leased 2‑unit property provides immediate rental income
    • Convenient location near shopping, dining, schools, and major transportation routes
    • Recent update includes central air conditioning
    • Includes one 2‑bedroom unit and one 1‑bedroom unit
    • Constructed with durable vinyl siding
    Updated: May 15
    View details
    Bloomington Multifamily Property For Sale
    $345,000
    0.16 Acres

    Bloomington Multifamily Property For Sale

    410 E Grove Street, Bloomington, IL 61701

    Multifamily property in Bloomington, Illinois, ideal for residential income.

    • Stucco construction provides durability.
    • Six bedrooms offer ample space.
    • Six bathrooms for convenience.
    • Features a basement.
    • Equipped with window unit cooling.
    Updated: Mar 22
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    Bloomington Multifamily Property Near Uptown
    $150,000

    Bloomington Multifamily Property Near Uptown

    Multifamily property near uptown Bloomington, ideal for investors.

    603 W Chestnut Street, Bloomington, IL 61701
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    Charming Three-Unit Investment Property
    $279,000

    Charming Three-Unit Investment Property

    Updated three-unit property with stained glass, hardwood floors, and tenants.

    307 S Mclean Street, Bloomington, IL 61701
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    Bloomington Three-Unit Investment Property
    $120,000

    Bloomington Three-Unit Investment Property

    Fully leased three-unit property with immediate cash flow potential.

    820 W Washington Street, Bloomington, IL 61701
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    New Multifamily Community in Bloomington
    $11,900,000
    63,266 SF

    New Multifamily Community in Bloomington

    New 56-unit multifamily community in Bloomington, construction in 2026.

    501 Lutz Rd, Bloomington, IL 61704
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    Stabilized Manufactured Housing Community
    $2,710,000

    Stabilized Manufactured Housing Community

    37-site community with immediate cash flow and low maintenance.

    3710 Daffodil Dr, Bloomington, IL 61705
    View details
    Based on your search, we've compiled 109 Potential Opportunities for your consideration. Besides 7 Active listings in Bloomington, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 94 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Pekin Multifamily Property Near Lake
    $674,900
    0.64 Acres

    Pekin Multifamily Property Near Lake

    Well-maintained 8-unit apartment building near Lake Arlann.

    740 E SHORE Drive, Pekin, IL 61554
    View details
    Mixed-Use Building Near Morton
    $314,900
    0.70 Acres

    Mixed-Use Building Near Morton

    Multi-use building with commercial spaces and apartments near Morton.

    3409 MEADOW Avenue, East Peoria, IL 61611
    View details
    East Peoria Multi-Use Property
    $399,900
    10,894 SF

    East Peoria Multi-Use Property

    Multi-unit property with retail, gym, apartment, and storage.

    1101 E Washington St, East Peoria, IL
    View details
    Pekin Commercial Building with Apartments
    $494,900

    Pekin Commercial Building with Apartments

    Versatile commercial building with apartments in Pekin, Illinois.

    101 N PARKWAY Drive, Pekin, IL 61554
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Belleville Buildable Residential Lot
    Contact for pricing
    0.63 Acres

    Belleville Buildable Residential Lot

    0.66 acre lot in Villa Hills, St. Clair County.

    632 Fern Drive, Belleville, IL 62223
    View details
    Belleville Land For Sale
    Contact for pricing
    0.60 Acres

    Belleville Land For Sale

    0.60 acre vacant lot in Villa Hills.

    636 Fern Drive, Belleville, IL 62223
    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.

    6420 Spaulding Ave

    6420 Spaulding Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,248 SF
    Value Estimation
    $535,000
    6420 Spaulding Ave, Lincolnwood, IL 60712-3856
    View details
    3345 Pratt Ave

    3345 Pratt Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,216 SF
    Value Estimation by Request
    3345 Pratt Ave, Lincolnwood, IL 60712-3828
    View details
    3332 Columbia Ave, Unit I

    3332 Columbia Ave, Unit I

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,153 SF
    Value Estimation
    $830,000
    3332 Columbia Ave, Lincolnwood, IL 60712-3825
    View details
    3349 Pratt Ave

    3349 Pratt Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,224 SF
    Value Estimation
    $545,000
    3349 Pratt Ave, Lincolnwood, IL 60712-3828
    View details
    3320 Columbia Ave

    3320 Columbia Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,686 SF
    Value Estimation
    $545,000
    3320 Columbia Ave, Lincolnwood, IL 60712-3825
    View details
    3331 Pratt Ave

    3331 Pratt Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,216 SF
    Value Estimation
    $580,000
    3331 Pratt Ave, Lincolnwood, IL 60712-3851
    View details
    3835 Albion Ave

    3835 Albion Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,266 SF
    Value Estimation
    $655,000
    3835 Albion Ave, Lincolnwood, IL 60712-3901
    View details
    6441 Kimball Ave

    6441 Kimball Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,513 SF
    Value Estimation by Request
    6441 Kimball Ave, Lincolnwood, IL 60712-3813
    View details
    6426 Spaulding Ave

    6426 Spaulding Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,302 SF
    Value Estimation
    $540,000
    6426 Spaulding Ave, Lincolnwood, IL 60712-3817
    View details
    6955 Keeler Ave, Unit 1

    6955 Keeler Ave, Unit 1

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,886 SF
    Value Estimation
    $595,000
    6955 Keeler Ave, Lincolnwood, IL 60712-2638
    View details
    3807 Morse Ave

    3807 Morse Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,338 SF
    Value Estimation
    $575,000
    3807 Morse Ave, Lincolnwood, IL 60712-2535
    View details
    3311 Pratt Ave

    3311 Pratt Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,224 SF
    Value Estimation
    $545,000
    3311 Pratt Ave, Lincolnwood, IL 60712-3849
    View details
    3306 Columbia Ave

    3306 Columbia Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,459 SF
    Value Estimation by Request
    3306 Columbia Ave, Lincolnwood, IL 60712-3825
    View details
    3951 Albion Ave

    3951 Albion Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,430 SF
    Value Estimation by Request
    3951 Albion Ave, Lincolnwood, IL 60712-3902
    View details
    3325 Pratt Ave

    3325 Pratt Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,216 SF
    Value Estimation
    $740,000
    3325 Pratt Ave, Lincolnwood, IL 60712-3828
    View details
    3317 Pratt Ave

    3317 Pratt Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,216 SF
    Value Estimation
    $630,000
    3317 Pratt Ave, Lincolnwood, IL 60712-3828
    View details
    6757 Avers Ave

    6757 Avers Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,192 SF
    Value Estimation
    $740,000
    6757 Avers Ave, Lincolnwood, IL 60712-2509
    View details

    Bloomington, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 101 multifamily properties for sale in Bloomington, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 63,266 square feet of properties for sale, with an estimated market value of $11,900,000.

    Sale prices for multifamily properties in Bloomington, IL start at $11,900,000, averaging $11,900,000, and reaching up to $11,900,000 — 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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    Top Commercial Asset Segments

    Duplexes 3
    Apartment buildings 2
    Triplexes 2
    Mobile home & RV parks 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61701 $180.6K
    61705 $2.7M
    61704 $11.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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