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$ 3,100,000
Est. payment | /mo
1.54 Acres Lot
$ 3,100,000
Est. payment | /mo
1.54 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12351251
Maintenance Fees $15,750
Year Built 1972
Annual Tax Amount $47,690
Tax Year 2023
Lot Size 1.540 Acres
Lot Dimensions 154 X 177 X 201 X 186 X 288
Property Sub-Type Multi Family 5+
Property Description
Presenting a rare opportunity to acquire a 35-unit multifamily property located at 717-719 Fairmont Drive in Bloomington, Illinois. This well-maintained complex is fully rented and features a desirable mix of popular 1- and 2-bedroom units, many of which have been upgraded with modern finishes, including luxury vinyl plank (LVP) flooring. Situated on Bloomington's east side, the property enjoys strong rental demand with historically low vacancy rates, making it an easy-to-rent asset in a solid rental market. Residents benefit from on-site laundry facilities and proximity to schools, shopping, dining, and major transportation routes.
Location
State IL
County Mclean
Area Bloomington
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 1
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Listed by Sean Bozarth • RE/MAX Rising
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
managingbroker@legacypropertiesil.com
2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA