Multifamily

Bloomington, IL Multifamily Properties for Sale

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Two-Unit Corner Duplex
Updated: Jun 21
Two-Unit Corner Duplex

902 N Lee Street, Bloomington, IL 61701

$129,000
Two‑unit property on a corner lot across the street from Bent Elementary School
Main‑floor unit has 2 bedrooms, 1 full bathroom, and in‑unit laundry
Upstairs unit offers 1 bedroom and 1 full bathroom with original hardwood floors
Attached garage plus driveway parking; owned parking
Fully fenced yard with porch and deck
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Two-Unit Residential Income Property
Updated: May 15
Two-Unit Residential Income Property

605 E Empire Street, Bloomington, IL 61701

$144,900
Fully leased 2‑unit property at 605 E Empire St in Bloomington with one 2‑bedroom unit and one 1‑bedroom unit
Recent upgrades include central air and a new furnace
Year built: 1925
Heating: natural gas forced air
Exterior and roof: vinyl siding with an asphalt roof
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Multifamily Income Property
Multifamily Income Property

903 Low Street, Bloomington, IL 61701

$175,000

Occupied 1-bedroom units with full kitchens, plus a large basement and 2-car garage for added storage.

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Charming Three-Unit Investment Property
Charming Three-Unit Investment Property

307 S Mclean Street, Bloomington, IL 61701

$279,000

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

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Residential Income Triplex
Residential Income Triplex

810 W Market Street, Bloomington, IL 61701

$110,000
0.17 AC lot

Triplex with three rental units, including kitchen appliances and an unfinished basement for additional storage.

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New Multifamily Community in Bloomington
New Multifamily Community in Bloomington

501 Lutz Rd, Bloomington, IL 61704

$11,900,000
63,266 sqft

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

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Stabilized Manufactured Housing Community
Stabilized Manufactured Housing Community

3710 Daffodil Dr, Bloomington, IL 61705

$2,710,000

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

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

810 W Market Street, Bloomington, IL 61701

$110,000

Triplex with three rental units and an unfinished basement, offering additional storage and straightforward in-unit appliances.

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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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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 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, 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.

Two-Story Commercial Building in Washington
Two-Story Commercial Building in Washington

120 Walnut Street, Washington, IL 61571

$209,900
0.12 AC lot

Two-story commercial building with renovation potential in Washington, Illinois.

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Tangled Roots Investment Opportunity
Tangled Roots Investment Opportunity

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot

Multifaceted hub with restaurant, brew pub, and Airbnb units.

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East Peoria Mixed-Use Investment
East Peoria Mixed-Use Investment

220 & 222 MEADOW Avenue, East Peoria, IL 61611

$280,000

Mixed-use property with residential and commercial income potential.

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Mixed-Use Building Near Morton
Mixed-Use Building Near Morton

3409 MEADOW Avenue, East Peoria, IL 61611

$314,900
0.70 AC lot

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

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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.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Commercial Land Development Parcel
Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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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 10 multifamily properties for sale in Bloomington, IL, showcased through 9 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

Commercial property segments ranked by active listings on the market

Duplexes 4
Triplexes 3
Apartment buildings 1
Mobile home & RV parks 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
61701 $149.1K
61705 $2.7M
61704 $11.9M

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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