Multifamily

Bloomington, IL Multifamily Properties for Sale

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Normal, IL Heyworth, IL Danvers, IL Hudson, IL Downs, IL Carlock, IL Stanford, IL Ellsworth, IL
12 properties
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Brick Triplex with Garage
Updated: Aug 12
Brick Triplex with Garage

610 N Mclean Street, Bloomington, IL 61701

$199,900
0.12 AC lot
Three separate residential units with two‑bedroom, one‑bedroom, and studio layouts
0.12‑acre lot at 610 N Mclean Street, Bloomington, IL 61701
Brick construction dating to 1910
Oversized one‑car garage plus a fully fenced backyard and deck
Central air conditioning and basement washer and dryer
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Updated Brick Duplex with Garage
Updated: Aug 12
Updated Brick Duplex with Garage

1409 N Clinton Boulevard, Bloomington, IL 61701

$325,000
Two‑story duplex with two‑bedroom units on separate levels
Main‑level kitchen remodeled with custom cabinetry, quartz counters, and stainless appliances
50‑year shingle roof installed in 2015
Two‑car detached garage with alley access
Full unfinished basement with washer, dryer, and mud sink
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Leased Duplex with Storage Units
Leased Duplex with Storage Units

601 E Washington Street, Bloomington, IL 61701

$295,000

Income-producing duplex with leased storage units, corner positioning, and public utilities.

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New Multifamily Community in Bloomington
New Multifamily Community in Bloomington

501 Lutz Rd, Bloomington, IL 61704

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63,266 sqft

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

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Duplex with Central Air and New Furnace
Duplex with Central Air and New Furnace

605 E Empire Street, Bloomington, IL 61701

$144,900

Two-unit duplex with one 2-bedroom and one 1-bedroom unit, plus porch and deck, updated with central air and a new furnace.

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All-Brick Four-Unit Townhouse Buildings
All-Brick Four-Unit Townhouse Buildings

312 Riley Drive, Bloomington, IL 61701

$399,900

Two 4-unit all-brick buildings offer townhouse-style units with full basements and laundry hookups.

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All-Brick 4-Unit Townhouse Quadplex
All-Brick 4-Unit Townhouse Quadplex

314 Riley Drive, Bloomington, IL 61701

$399,900

Two all-brick 4-unit buildings feature townhouse-style units with full basements and laundry hook-ups.

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Updated Corner-Lot Duplex
Updated Corner-Lot Duplex

511 Douglas Street, Bloomington, IL 61701

$219,900

Two independent units feature separate utility meters, refreshed interiors, and flexible conversion potential for single-family use.

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Residential Income Property
Residential Income Property

903 Low Street, Bloomington, IL 61701

$175,000

Multi-unit property with occupied 1-bedroom, 1-bath units, each with a full kitchen, plus a large basement and 2-car garage.

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South Hill Duplex Investment Opportunity
South Hill Duplex Investment Opportunity

1309 S Main Street, Bloomington, IL 61701

$120,000

Well-maintained South Hill duplex, ideal for investors or owner-occupants.

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Six-Unit Apartment Building
Six-Unit Apartment Building

410 E Grove Street, Bloomington, IL 61701

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Six efficiency units with off-street parking and a roof replaced in 2023.

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Multifamily Residential Income Property
Multifamily Residential Income Property

818 W Washington Street, Bloomington, IL 61701

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Multifamily residential income property available for sale.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 12 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.

Two 4-Unit Apartment Buildings
Two 4-Unit Apartment Buildings

202-204 Lindell Drive, Normal, IL 61761

$649,900
0.44 AC lot

Eight-unit residential property with updated windows, select appliances, remodeled bathrooms, and shared laundry facilities.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

120 Walnut Street, Washington, IL 61571

$209,900
0.12 AC lot

Interior work includes second-floor framing for two studio apartments and extensive demolition to the structural framing.

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Updated 8-Unit Quadplex Portfolio
Updated 8-Unit Quadplex Portfolio

202-204 Lindell Drive, Normal, IL 61761

Contact for pricing

Two residential buildings with refreshed windows, air-conditioning units, doors, appliances, cabinets, and bathrooms.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

120 Walnut Street, Washington, IL 61571

$209,900

Interior demolition and partial rebuilding create a substantial repositioning project with a basement and two framed studio layouts.

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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

Value Estimation by Request
4,800 sqft 0.19 AC lot
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Bloomington, IL Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Bloomington, IL, showcased through 12 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 $2,279,500.

Sale prices for multifamily properties in Bloomington, IL start at $120,000, averaging $253,277, and reaching up to $399,900 — 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

Commercial property segments ranked by active listings on the market

Duplexes 5
Apartment buildings 4
Quadplexes 2
Triplexes 1

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
61704 $89K
61701 $318.7K

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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