920 N Madison Street

Prime investment opportunity near Downtown & close Campus! Own two lots at 1/3 acre just moments from downtown Bloomington and minutes from campus. 920 N Madison St (202623468) and 317 W 14th St (202623273) can be purchased together for as a bundle for $490,000, or being sold separately for the prices listed in their separate listings. Whether you want to utilize the two existing homes for rental income or start fresh with a new development project, the potential here is unmatched. 920 N Madison St, the blue two-story home on the corner, features a main-level bedroom, full kitchen, and full bath. The upstairs loft features an additional bedroom and full bath, easily converting into a separate, fully operational flat. 317 W 14th St features a spacious, open floor plan, a fully enclosed back sunroom, 4 upstairs bedrooms, and 2 full bathrooms (one on the main level, one upstairs). Both properties come equipped with outbuilding sheds for excellent storage capacity, or other possibilities. Maximize your portfolio or build your dream project in a premier Bloomington location. Neither property is currently rented. Zoned R4. Duplex is a permitted use. Tri-multi-/apartment, opportunities are conditionally approved in this zone and would need to appear before the BZA.