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$300,000
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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. Furnishings to remain with each unit: 3 Bed frames, 3 dressers, 2 couches, 1 table and 4 chairs, 1 TV stand and 1 TV. Just a few doors 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!
Full Property Details
Full Property Details for 107 E Division St
General
- Sold For: $300,000
- Taxes: $3,925 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12582080
- Added to Site: 111 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 5
- Parking Features: Off-Alley, Off-Street, Additional Parking, Yes, Owned
Location
- Area: Bloomington
- County: McLean
- Subdivision: Not Applicable
- Driving Directions: N On Main from Vernon, East/Right On Division. Property on South side of road.
School Information
- School District: 87
- Midd School District: 87
- Elementary School: Bent Elementary School
- Middle School: Bloomington Jr High School
- High School: Bloomington High School
- Private School: Bloomington High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: Finished, Egress Window, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1978
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 178
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1978
- Tax Amount: $3,925.72
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1433331009
Listed by BHHS Central Illinois, REALTORS
Sold by Non Member
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Schools
Schools serving 107 E Division St
School District:Bloomington School District 87
| Name | Grades | Distance |
|---|---|---|
Bent Elementary School 904 North Roosevelt Avenue, Bloomington, IL 61701 | K-5 | 0.6 mi |
Bloomington Jr High School 901 Colton Avenue, Bloomington, IL 61701 | 6-8 | 1.1 mi |
Bloomington High School 1202 East Locust Street, Bloomington, IL 61701 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 E Division St
Date
Details
Price
Change
Source
5/06/2026
Sold
$300,000
-10.45%
MLS
3/25/2026
Listed
$335,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
107 E Division Street, Bloomington, IL 61701 (MLS# 12582080) is a Multi-Family property that was sold at $300,000 on May 06, 2026. Want to learn more about 107 E Division Street? Do you have questions about finding other Multi-Family real estate for sale in Bloomington? You can browse all Bloomington real estate or contact a Coldwell Banker agent to request more information.
