314 W Wood Street Bloomington, IL $ 230,000
314 W Wood Street
$ 230,000
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314 W Wood Street

Bloomington, IL, 61701
$ 230,000
Bedrooms4 Baths4.0 Sq 3,194

Monthly Estimate*

$ 1,416

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Multi-Family Home for sale in Bloomington, IL

for $230,000 with 4 bedrooms and 4 full baths. This 3,194 square foot home was built in 1974.

Great Investment Opportunity!! 4-Unit Multifamily with Owner-Occupant Potential. Each Unit has 1 Full Bedroom and 1 Full Bathroom with a full kitchen and comfortable living space. All Units were Completely Remodeled in 2025. The Roof is New as of 2023 and Furnace 2025. New Appliances in All Units!! Currently, two units are occupied and two units are vacant, creating an excellent opportunity for an owner-occupant to live on-site while generating rental income, or for an investor to lease remaining units to maximize cash flow. This property offers a strong combination of income potential, flexibility, and long-term value, making it ideal for both new and experienced multifamily buyers. Don't Miss Out!!

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Multi-Family Active

Price

$ 230,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,041

Style

Traditional

Year Built

1974

Town/City

Bloomington

County/Region

McLean

MLS | Web ID

12581285

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Negotiable
Zoning MULTI
Architectural Style Traditional
Construction Materials Aluminum Siding
Year Built 1974
Township City of Bloomi
Tax Year 2023
Ownership Fee Simple
County McLean
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Miller Park
Total Rooms 12
Status New
Directions South on Main Street to West on Wood Street
High School Bloomington High School
City Bloomington
High School District 87
MLS Area Bloomington
Elementary School Irving Elementary
Tax Annual Amount 3041
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 Unfinished Partial
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes
Water Source Public
Total Parking 6
Lot Dimensions 60x115
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

bbauer@coldwellhomes.com

Email

Affordability Calculator

$1,670
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$253
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
2509573 Elementary School
2713493 Middle School
Bloomington High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2026$230,000 Listed Price

Map


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314 W Wood Street, Bloomington, IL, 61701 is a Multi-Family Home for sale at $230,000 with 3,194 sqft. 314 W Wood Street has 4 bedrooms, 4.0 baths, and was built in 1974. The property's zip code is 61701 which is in Bloomington, IL