Bloomington, IL Residential Income 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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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: 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

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

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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Two-Unit Duplex With Central Air

605 E Empire Street, Bloomington, IL 61701

$139,900

Fully leased duplex with recent central air and furnace improvements.

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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

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

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

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

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

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

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 21 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, 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 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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10-Unit Apartment Building with Two Brick Buildings

901 State Route 10 W, Clinton, IL 61727

$189,000

Two all-brick buildings on a prominent corner lot off State Route 10, offering 10 residential units under COMMR zoning.

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Downtown Mixed-Use Retail Building

405 South Side Square, Clinton, IL 61727

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5,412 sqft

Two storefront and four-upstairs apartment building with newer windows and a re-rolled rubber roof.

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Updated 8-Unit Quadplex Portfolio

202-204 Lindell Drive, Normal, IL 61761

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

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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.

Bloomington Land with Business Potential

1102 W Front Street, Bloomington, IL 61701

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Land suitable for single-family, duplex, or business use.

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M-1 Zoned Land Parcels

Lot 8 Emeline Street, Normal, IL 61761

$385,000

9.00 AC lot

9+ acres of M-1 zoned land for sale.

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M-1 Zoned Land in Normal

Emeline lot: 8, Normal, IL 61761

$385,000

9.14 AC lot

9+ acre M-1 zoned land suitable for various uses.

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Residential Lot in Fox Hollow

2705 and 2707 Fox Trot Trail, Bloomington, IL 61705

$72,500

Residential lot in established neighborhood with pool, clubhouse, and lake.

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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.

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 Residential Income Properties Market Trends and Statistics

Explore 13 residential income 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 $2,274,500.

Sale prices for residential income properties in Bloomington, IL start at $120,000, averaging $252,722, 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

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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