407 E Market St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a 4-unit building ready for renovation and repositioning as a strong income-producing asset. This property is ideal for experienced investors or contractors looking to add value through remodeling and maximize long-term returns. Previously configured as three 1-bedroom units and one 2-bedroom unit, the building gives you flexibility to recreate the former layout or start with a clean slate and redesign the units to best fit your investment strategy. With solid potential, this property presents...This is a 4-unit building ready for renovation and repositioning as a strong income-producing asset. This property is ideal for experienced investors or contractors looking to add value through remodeling and maximize long-term returns. Previously configured as three 1-bedroom units and one 2-bedroom unit, the building gives you flexibility to recreate the former layout or start with a clean slate and redesign the units to best fit your investment strategy. With solid potential, this property presents an excellent opportunity to restore and reassemble into a profitable rental property.
  1. Listed by Seth Couillard • Couillard and Company
    P: (309)-827-4663 C: (309)-530-1442 seth@bloomingtonhomes.com; seth@bloomingtonhomes.com
  2. Listed by Megan Sargent • Couillard and Company
    P: (309)-826-6722 megan@bloomingtonhomes.com

Sold By RE/MAX Rising

Property Details for 407 East Market Street

Area
Bloomington
Subdivision
Not Applicable
Township
City of Bloomi
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas
Architectural Style
Traditional
Zoning
MULTI
LISTING UPDATED: 02/16/2026 10:33 AM

Property Details for 407 East Market Street

StatusClosed
MLS #12546281
Days on Market18
Taxes$1,718 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 1 Story Unit/S
Year Built1920
Lot Size0.16 AC / 6,900 SF
CountyMcLean County
Add your commute

Building Information for 407 East Market Street

Stories-Residences4Year Built1920Building Size-Lot Size0.16 AC / 6,900 SF

Payment Calculator

$362 per month

30 year fixed, 6.15% Interest

Principal and Interest

$219

Property Taxes

$143

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 407 East Market Street

General Information
School Information
  • Elementary School District: 87
  • Elementary School: Sheridan Elementary
  • Jr High Middle School: Bloomington Jr High School
  • High School District: 87
  • High School: Bloomington High School
  • Middle Or Junior School District: 87
Property Information
Interior Features
  • Num Of Rooms: 1
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 5
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Level
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 60x115
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Construction: Vinyl Siding
  • General Information: None
  • 3 Br Un In Bldg: No
  • Conversion: Y
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-01-13T15:46:42
  • Photos Count: 3
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 00/00
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 00/00
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 00/00
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 00/00

Property History for 407 East Market Street

DateEvent & SourcePriceAppreciation
Feb 16, 2026

Sold

MRED #12546281

$45,000
Jan 30, 2026

Pending

MRED #12546281

Jan 13, 2026

Listed (Active)

MRED #12546281

$65,000
Feb 14, 2024

Sold

MRED #11948951

$57,000
Jan 9, 2024

Pending

MRED #11948951

Dec 18, 2023

Listed (Active)

MRED #11948951

$57,500
Jan 13, 2017

Sold

MRED #10209823

$25,000
Jan 5, 2017

Pending

MRED #10209823

Oct 6, 2015

Listed (Active)

MRED #10209823

$54,900
Oct 31, 2013

Sold

MRED #10209718

$23,000
Oct 23, 2013

Pending

MRED #10209718

Sep 17, 2013

Listed (Active)

MRED #10209718

$34,500
Jun 1, 2013

Expired

MRED #10245710

$34,000
Jan 8, 2013

Listed (Active)

MRED #10245710

$43,200
DateEvent & SourcePrice
02/16/2026

Sold

MRED #12546281

$45,000
01/30/2026

Pending

MRED #12546281

01/13/2026

Listed (Active)

MRED #12546281

$65,000
02/14/2024

Sold

MRED #11948951

$57,000
01/09/2024

Pending

MRED #11948951

12/18/2023

Listed (Active)

MRED #11948951

$57,500
01/13/2017

Sold

MRED #10209823

$25,000
01/05/2017

Pending

MRED #10209823

10/06/2015

Listed (Active)

MRED #10209823

$54,900
10/31/2013

Sold

MRED #10209718

$23,000
10/23/2013

Pending

MRED #10209718

09/17/2013

Listed (Active)

MRED #10209718

$34,500
06/01/2013

Expired

MRED #10245710

$34,000
01/08/2013

Listed (Active)

MRED #10245710

$43,200

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

Public Records for 407 East Market Street

Taxable ValueLand$6,682Additions$12,469Total$19,151
Tax Record2024$1,553 ($129 / month)
Home Facts
Beds4Total Finished SqFt2,486 SqFtAbove Grade Finished SqFt2,486 SqFtStories2Lot Size6,944 SqFtStyleSingle Family ResidenceYear Built1920CountyMCLEANAPN21-04-263-005

Schools near 407 East Market 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
Sheridan 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.

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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 Couillard and Company

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 02/16/2026 10:33 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.