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$320,000
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Property Description
Exceptional 3-unit investment opportunity in a prime Bloomington location with strong, diversified cash flow. This property features one established long-term rental providing consistent base income, plus two fully furnished and professionally operated short-term rental units with documented booking history and repeat guest traffic. The long-term unit offers stable occupancy, while the two short-term units are turn-key and actively generating income. Furnishings and short-term rental setup create a seamless transition for the next owner. All units are well maintained with attractive layouts that appeal to both extended-stay guests and traditional tenants. Located near downtown Bloomington, restaurants, and major employers, this property benefits from strong rental demand in both the long- and short-term markets. A rare opportunity to acquire a performing asset with immediate revenue in place.
Full Property Details
Full Property Details for 802 E Grove St
General
- Sold For: $320,000
- Taxes: $5,450 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12569225
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Total Spaces: 5
- Parking Features: Assigned, Yes, Owned
Location
- Area: Bloomington
- County: McLean
- Subdivision: Dimmitts Grove
- Driving Directions: Corner of Clinton and Grove, next to Schooners.
School Information
- School District: 87
- Midd School District: 87
- Elementary School: Stevenson Elementary
- Middle School: Bloomington Jr High School
- High School: Bloomington High School
- Private School: Bloomington High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Brick, Combination
- Exterior Const.: Brick, Combination
- Basement Desc.: Unfinished, Full
- Foundation: Brick/Mortar
- Roof: Asphalt
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.13
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 10 x 115
- Lot Features: Corner Lot
- Zoning: COMMR
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1900
- Tax Amount: $5,450.9
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2104437009
Listed by Keller Williams Revolution
Sold by Coldwell Banker Real Estate Group
Listing agents
— 802 E Grove St —
Keller Williams Revolution
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 802 E Grove St
School District:Bloomington School District 87
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Bloomington, IL 1201 East Washington Street, Bloomington, IL 61701 | K-5 | 0.5 mi |
Bloomington Jr High School 901 Colton Avenue, Bloomington, IL 61701 | 6-8 | 0.7 mi |
Bloomington High School 1202 East Locust Street, Bloomington, IL 61701 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
802 E Grove Street, Bloomington, IL 61701 (MLS# 12569225) is a Multi-Family property that was sold at $320,000 on May 01, 2026. Want to learn more about 802 E Grove 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.