Multi Family Investment Properties for Sale in Bloomington, IL
Currently Rented
Listed for sale 2 days ago
$ 190,000
ROI
28.9
Cash Flow/m
483- 5 Bed
- 3 Bath
- - sft
1007 N Mason St, Bloomington, IL, 61701
Listed for sale 3 days ago
$ 200,000
ROI
25.3Cash Flow/m
306- 3 Bed
- 2 Bath
- 1712 sft
2512 Lowman Dr, Bloomington, IL, 61704
Listed for sale 6 days ago
$ 219,900
ROI
34.0Cash Flow/m
875- 6 Bed
- 2 Bath
- - sft
608 E Mulberry St, Bloomington, IL, 61701
Listed for sale 7 days ago
$ 249,000
ROI
27.7Cash Flow/m
553- 3 Bed
- 3 Bath
- 2306 sft
117 Christian Louis Ct, Bloomington, IL, 61704
Why Invest in Bloomington, Illinois?
Multi-family properties in Bloomington, IL offer strong investment potential with steady rental demand. Average rents hold firm around $1,200 monthly, supported by a stable economy. Cap rates near 7% and 4% annual appreciation make them appealing for cash flow. Renter occupancy exceeds 45%, driven by local universities and employers. Low vacancy and growing job market enhance long-term returns.
8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$1250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Bloomington offers stable cash flow from high renter occupancy and university demand. Cap rates around 7% and 4% appreciation provide solid returns. Proximity to major employers like State Farm ensures tenant reliability.
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