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Lisa Hillman

lisahillman@johngreenerealtor.com +1(630) 276-8455

Listed by Tammy Heardof BHHS Central Illinois, REALTORS

$ 225,000

Est. payment -/mo

Save

Active

1018 N Prairie N Street Bloomington, IL 61701

5 Beds

5,662 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Franklin Park

MLS Listing ID 12490661

Style American 4-Sq.

Bedrooms 5

Year Built 1915

Annual Tax Amount $3,268

Tax Year 2023

Lot Size 5,662 Sqft

Lot Dimensions 51 x 107

Property Sub-Type Two to Four Units

Property Description

This well-located property presents a prime investment opportunity. This two-unit converted residential rental is situated directly across the street from the Illinois Wesleyan University Library and campus, and less than five hundred feet from historic Franklin Park. Unit 1 offers two bedrooms and one bathroom, while Unit 2 features two or three bedrooms and one bathroom. Each unit has its own private entrance and access to a partially finished basement with shared laundry (approximately 9' x 10'). The basement includes finished rooms with storage, an egress window, and a bonus half bathroom. Additional highlights include extra off-street parking behind the house, a "through" driveway, and a storage shed. Major improvements include a new roof (2018), updated furnace and central air (2007), new front porch flooring (2025), refinished original hardwood floors (2025), all new interior paint, and new kitchen appliances in Unit 1. The property offers flexible income potential: rent by the room, lease by the unit, or owner-occupy one unit while renting the other. Utilities include shared water, gas and electric. Conversion back to a single-family residence is also possible.

Location

State IL

County Mclean

Zoning MULTI

Rooms

Basement Partially Finished, Full

Interior

Heating Electric

Fireplace N

Exterior

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Bent Elementary School

Middle Schools Bloomington Jr High School

High Schools Bloomington High School

School District 87, 87, 87

Others

Ownership Fee Simple

Special Listing Condition None