1018 N Prairie St

1,560 Sq. Ft.
$144 / Sq. Ft.
1,560
Sq. Ft.
$144
per Sq. Ft.

Description

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...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.
  1. Listed by Tammy Heard • BHHS Central Illinois, REALTORS
    P: (309)-287-6160 C: (309)-287-6160 tammy@tammyheard.com

Property Details for 1018 North Prairie Street

Area
Bloomington
Subdivision
Franklin Park
Township
City of Bloomi
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Heat/Fuel
Electric
Architectural Style
American 4-Sq.
Zoning
MULTI
LISTING UPDATED: 01/19/2026 02:12 AM

Property Details for 1018 North Prairie Street

StatusNew
MLS #12490661
Days on Market107
Taxes$3,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 1 Story Unit/S
Year Built1915
Lot Size0.13 AC / 5,662 SF
CountyMcLean County

Location

Listing Courtesy of BHHS Central Illinois, REALTORS
Add your commute

Building Information for 1018 North Prairie Street

Stories-Residences2Year Built1915Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$1,369 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,097

Property Taxes

$272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1018 North Prairie Street

General Information
School Information
  • Elementary School District: 87
  • Elementary School: Bent Elementary School
  • Jr High Middle School: Bloomington Jr High School
  • High School District: 87
  • High School: Bloomington High School
  • Middle Or Junior School District: 87
Addtl Parking Information
  • Parking Details: Off Street, Driveway, Additional Parking, Yes, Other
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Basement Type: Partially Finished, Full
  • Bedrooms Possible: 5
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 1
  • Num of Baths: 2.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Corner Lot
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 51 x 107
  • Total # Units in Building: 2.0
  • Other Structures: Shed(s)
  • Waterfront: No
  • Construction: Vinyl Siding
  • Roof Type: Asphalt
  • Foundation Details: Block
  • General Information: None
  • 3 Br Un In Bldg: Yes
  • Conversion: Y
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 2
  • Document Date: 2025-10-08T21:56:14
  • Photos Count: 49
  • Deconversion: N
  • Relist: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $2,100.00
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 1018 North Prairie Street

DateEvent & SourcePriceAppreciation
Jan 18, 2026

Listed (Active)

MRED #12490661

$225,000
Oct 27, 2025

Cancelled

RMLS ALLIANCE #PA1261482

$225,000
Oct 26, 2025

Cancelled

MRED #1261482

$225,000
Oct 24, 2025

Listed (Active)

MRED #1261482

$225,000
Oct 24, 2025

Listed (Active)

RMLS ALLIANCE #PA1261482

$225,000
Apr 30, 2013

Sold (Public Record)

Public Record #1120222964

$155,000
Apr 30, 2013

Sold

MRED #10209684

$155,000
Feb 27, 2013

Pending

MRED #10209684

Feb 27, 2013

Listed (Active)

MRED #10209684

$155,000
Feb 26, 2013

Pending

MRED #10209684

Feb 26, 2013

Listed (Active)

MRED #10209684

$155,000
DateEvent & SourcePrice
01/18/2026

Listed (Active)

MRED #12490661

$225,000
10/27/2025

Cancelled

RMLS ALLIANCE #PA1261482

$225,000
10/26/2025

Cancelled

MRED #1261482

$225,000
10/24/2025

Listed (Active)

MRED #1261482

$225,000
10/24/2025

Listed (Active)

RMLS ALLIANCE #PA1261482

$225,000
04/30/2013

Sold (Public Record)

Public Record #1120222964

$155,000
04/30/2013

Sold

MRED #10209684

$155,000
02/27/2013

Pending

MRED #10209684

02/27/2013

Listed (Active)

MRED #10209684

$155,000
02/26/2013

Pending

MRED #10209684

02/26/2013

Listed (Active)

MRED #10209684

$155,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1018 North Prairie Street

Taxable ValueLand$5,533Additions$34,874Total$40,407
Tax Record2024$3,276 ($273 / month)
Home Facts
Beds2Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories2Lot Size5,540 SqFtStyleSingle Family ResidenceYear Built1915CountyMCLEANAPN21-04-201-008

Schools near 1018 North Prairie Street

This home is within Bloomington School District 87.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 3
Rating
School
Distance
Bent Elementary School
PublicK to 5

Bloomington Jr High School
Public6 to 8

Bloomington High School
Public9 to 12

White Horse Academy
PrivateK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1018 North Prairie Street is a multi-family home for sale in Bloomington, IL 61701. This property was listed for sale on January 18, 2026 by BHHS Central Illinois, REALTORS, it's currently listed at $225,000. It has been on the market for a total of 107 days and was last sold on April 30, 2013. This listing's school district is Bloomington School District 87. Nearby schools include Bent Elementary School, Bloomington Jr High School and Bloomington High School. 1018 North Prairie Street is a 5-bed, 3-bath, 1,560 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Central Illinois, REALTORS

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/19/2026 02:12 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.