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$230,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 4 Total Beds
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Great Investment Opportunity!! 4-Unit Multifamily with Owner-Occupant Potential. Each Unit has 1 Full Bedroom and 1 Full Bathroom with a full kitchen and comfortable living space. All Units were Completely Remodeled in 2025. The Roof is New as of 2023 and Furnace 2025. New Appliances in All Units!! Currently, two units are occupied and two units are vacant, creating an excellent opportunity for an owner-occupant to live on-site while generating rental income, or for an investor to lease remaining units to maximize cash flow. This property offers a strong combination of income potential, flexibility, and long-term value, making it ideal for both new and experienced multifamily buyers. Don't Miss Out!!

Full Property Details for 314 W Wood St

General

  • Price: $230,000
  • Taxes: $3,041 (2023)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12581285
  • Updated: 3/13/2026
  • Added to Site: 45 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Total Spaces: 6
  • Parking Features: Yes

Location

  • Area: Bloomington
  • County: McLean
  • Township: City of Bloomi
  • Subdivision: Miller Park
  • Driving Directions: South on Main Street to West on Wood Street

School Information

  • School District: 87
  • Elem School District: 87
  • Midd School District: 87
  • High School District: 87
  • Elementary School: Irving Elementary
  • Middle School: Bloomington Jr High School
  • High School: Bloomington High School
  • Private School: Bloomington High School

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Year Built: 1974
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 60 x 115
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1974
  • Tax Amount: $3,041
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2109141004

Listed by Coldwell Banker Real Estate Group

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Listing agent

— 314 W Wood St —

  • Coldwell Banker Real Estate Group

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 314 W Wood St

School District:Bloomington School District 87
NameGradesDistance
Irving Elementary School, Bloomington, IL
602 West Jackson Street, Bloomington, IL 61701
K-50.3 mi
Bloomington Jr High School
901 Colton Avenue, Bloomington, IL 61701
6-81.5 mi
Bloomington High School
1202 East Locust Street, Bloomington, IL 61701
9-121.6 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 314 W Wood St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/06/2026
Listed
$230,000
318.18%
MLS
8/23/2022
Sold
$55,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 314 W Wood St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,049
—
$37,600
3%
2023
$3,041
10%
$36,385
12%
2022
$2,765
9%
$32,528
9%
2021
$2,531
4%
$29,778
4%
2020
$2,427
—
$28,633
—
2019
$2,420
—
$28,633
—
2018
$2,410
—
$28,633
—
2017
$2,411
—
$28,633
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Coldwell Banker Real Estate Group

314 W Wood Street, Bloomington, IL 61701 (MLS# 12581285) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 314 W Wood Street is currently listed for $230,000 and was received on March 06, 2026. Want to learn more about 314 W Wood 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.

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