107 E Division ST new Save Request In-Person Tour Request Virtual Tour
Bloomington,IL 61701
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12366883
Style Ranch
Bedrooms 6
Year Built 1978
Annual Tax Amount $3,925
Tax Year 2024
Property Sub-Type Two to Four Units
Property Description
Investors, take note-this is the opportunity you've been waiting for! Rarely does a property like 107 E. Division Street in Bloomington hit the market, especially in such a high-demand area near Illinois Wesleyan University. This well-maintained, income-producing duplex offers exceptional cash flow and consistent rental history, with leases typically secured well in advance of the school year. Each ranch-style unit features 3 spacious bedrooms, 2 full baths, a finished basement with egress windows, in-unit laundry, and modern updates throughout. All appliances, washers/dryers, televisions, and select furniture are included-making this a true turnkey investment. The property boasts five off-street parking spaces accessible from the alley, and backs to the charming Casey's Garden Center. Situated on a quiet, brick-paved street with low property taxes, this gem has been attentively cared for by its owner, not a management company. A new roof was installed in 2016. Just steps from the IWU campus and football field, this is truly a prime location for student housing. Don't miss this once-in-a-generation opportunity to own a rock-solid asset in one of Bloomington's most sought-after rental corridors!
Location
State IL
County Mclean
Area Bloomington
Zoning MULTI
Interior
Heating Natural Gas,Forced Air
Exterior
Community Features Curbs,Sidewalks,Street Lights
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Brick, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Brick
New Construction false
Schools
Elementary Schools Bent Elementary
Middle Schools Bloomington Jr High School
High Schools Bloomington High School
School District 87 ,87, 87
Others
Special Listing Condition None