1018 N Prairie Street N Bloomington, IL $ 225,000
1018 N Prairie Street N
$ 225,000
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1018 N Prairie Street N

Bloomington, IL, 61701
$ 225,000
Bedrooms5 Baths3.1 Sq 1,560

Monthly Estimate*

$ 1,385

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Multi-Family Home for sale in Bloomington, IL

for $225,000 with 5 bedrooms and 3 full baths, 1 half bath. This 1,560 square foot home was built in 1915 on a lot size of 0.13.

This well-located property presents a prime investment opportunity. This two-unit converted residential rental is situated directly across the street from the Illinois Wesleyan University Library and campus, and less than 500 feet from historic Franklin Park. Unit 1 offers two bedrooms and one bathroom, while Unit 2 features two or three bedrooms and one bathroom. Each unit has its own private entrance and access to a partially finished basement with shared laundry (approximately 9' x 10'). The basement includes finished rooms with storage, an egress window, and a bonus half bathroom. Additional highlights include extra off-street parking behind the house, a "through" driveway, and a storage shed. Major improvements include a new roof (2018), updated furnace and central air (2007), new front porch flooring (2025), refinished original hardwood floors (2025), all new interior paint, and new kitchen appliances in Unit 1. The property offers flexible income potential: rent by the room, lease by the unit, or owner-occupy one unit while renting the other. Utilities include shared water and electric. Conversion back to a single-family residence is also possible.

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Multi-Family Active

Price

$ 225,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 3,268

Style

American 4-Sq.

Lot Size

0.13

Year Built

1915

Town/City

Bloomington

County/Region

McLean

MLS | Web ID

12490661

Features
General
Sewer Public Sewer
Heating Electric
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style American 4-Sq.
Construction Materials Vinyl Siding
Year Built 1915
Township City of Bloomi
Tax Year 2023
Ownership Fee Simple
Gross Income 2100
County McLean
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Franklin Park
Other Structures Shed(s)
Total Rooms 11
Status New
Directions Head south on N Linden St to E Empire left on corner of N Prairie and E Empire across the street from IWU library.
High School Bloomington High School
City Bloomington
High School District 87
MLS Area Bloomington
Elementary School Bent Elementary School
Tax Annual Amount 3268
Middle/Junior High School Bloomington Jr High School
Standard Status Active
Middle/Junior School District 87
Elementary School District 87
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Interior
Basement Partially Finished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 1
Total Number of Units 2
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Exterior
Parking Features Off Street Driveway Additional Parking Yes Other
Lot Features Corner Lot
Water Source Public
Total Parking 4
Foundation Details Block
Lot Dimensions 51 x 107
Lot Size Acres 0.13
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Bhhs Central Illinois, Realtors

Broker

tammy@tammyheard.com

Email

Affordability Calculator

$1,658
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$272
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5211865 Elementary School
2713493 Middle School
Bloomington High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2026$225,000 Listed Price

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1018 N Prairie Street N, Bloomington, IL, 61701 is a Multi-Family Home for sale at $225,000 with 1,560 sqft and a lot size of 0.13. 1018 N Prairie Street N has 5 bedrooms, 3.1 baths, and was built in 1915. The property's zip code is 61701 which is in Bloomington, IL