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$65,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 1 day ago
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This is a 4-unit building ready for renovation and repositioning as a strong income-producing asset. This property is ideal for experienced investors or contractors looking to add value through remodeling and maximize long-term returns. Previously configured as three 1-bedroom units and one 2-bedroom unit, the building gives you flexibility to recreate the former layout or start with a clean slate and redesign the units to best fit your investment strategy. With solid potential, this property presents an excellent opportunity to restore and reassemble into a profitable rental property.

Full Property Details for 407 E Market St

General

  • Price: $65,000
  • Taxes: $1,718 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12546281
  • Updated: 1/14/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 5

Location

  • Area: Bloomington
  • County: McLean
  • Township: City of Bloomi
  • Subdivision: Not Applicable
  • Driving Directions: W on Washington, R on McLean, L on E Market

School Information

  • School District: 87
  • Elem School District: 87
  • Midd School District: 87
  • High School District: 87
  • Elementary School: Sheridan 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: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1920
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

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

Financial Considerations

  • Assessment Year: 1920
  • Tax Amount: $1,718.28
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2104263005

Listed by Couillard and Company

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Listing agents

— 407 E Market St —

  • Couillard and Company

  • Couillard and Company

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 407 E Market St

School District:Bloomington School District 87
NameGradesDistance
Sheridan Elementary School, Bloomington, IL
1403 West Walnut Street, Bloomington, IL 61701
K-51.2 mi
Bloomington Jr High School
901 Colton Avenue, Bloomington, IL 61701
6-80.8 mi
Bloomington High School
1202 East Locust Street, Bloomington, IL 61701
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 407 E Market St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Listed
$65,000
13.04%
MLS
2/13/2024
Sold
$57,500
—
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 407 E Market St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,553
-1%
$19,151
3%
2023
$1,572
12%
$18,532
12%
2022
$1,408
9%
$16,568
9%
2021
$1,289
4%
$15,167
4%
2020
$1,236
—
$14,583
—
2019
$1,232
—
$14,583
—
2018
$1,227
—
$14,583
—
2017
$1,228
—
$14,583
—
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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NMLS#: 1598647

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Listed by Couillard and Company

407 E Market Street, Bloomington, IL 61701 (MLS# 12546281) is a Multi-Family property with 4 units containing 5 bedrooms and 0 full bathrooms. 407 E Market Street is currently listed for $65,000 and was received on January 13, 2026. Want to learn more about 407 E Market 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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