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$120,000
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Property Description
All 3 units in good shape. No outstanding maintenance issues with any of the tenants. The back roof and gutter need some repair. Unit 1 is in the process of moving out, to be out by the end of March. Unit 2 has been there for 13 years and would like to stay; it is the unit with another one-year lease in place. Unit 3 is month-to-month, but they would like to stay on. The building has off-street parking in the back. No laundry hookups in any of the units. Basement access is around the back through cellar doors. Use caution with the doors and when accessing the basement. The owner pays for water and garbage for the whole building. The owner is also currently paying for unit 2 electricity and gas. Units 1 and 3, tenants pay both gas and electricity. There are 3 furnaces and 1 water heater for the building. Building is being sold as is. This building is a great opportunity!
Full Property Details
Full Property Details for 708 N Lee St
General
- Sold For: $120,000
- Taxes: $2,866 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12590653
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service, Commuter Bus
Parking
- Total Spaces: 3
- Parking Features: Unassigned, Yes, Owned
Location
- Area: Bloomington
- County: McLean
- Subdivision: Not Applicable
- Driving Directions: Empire E to N on Lee St. Building is between Locust and Chestnut on Lee St
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: Queen Anne
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Partial
- Foundation: Brick/Mortar
- Roof: Asphalt
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 117
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1910
- Tax Amount: $2,866.66
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2104112008
Listed by BHHS Central Illinois, REALTORS
Sold by RE/MAX Choice
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Schools
Schools serving 708 N Lee St
School District:Bloomington School District 87
| Name | Grades | Distance |
|---|---|---|
Bent Elementary School 904 North Roosevelt Avenue, Bloomington, IL 61701 | K-5 | 0.2 mi |
Bloomington Jr High School 901 Colton Avenue, Bloomington, IL 61701 | 6-8 | 1.2 mi |
Bloomington High School 1202 East Locust Street, Bloomington, IL 61701 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
708 N Lee Street, Bloomington, IL 61701 (MLS# 12590653) is a Multi-Family property that was sold at $120,000 on April 30, 2026. Want to learn more about 708 N Lee 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.
