318 North Main Street

Bloomington, IL 61701

$580,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Enjoy Downtown living and own two income producing units in the same building, or buy it all for an investment property. Currently all three units are leased, two are on a month to month to allow a new owner to have a choice for new tenants, or else the tenants would like to stay. All units have seperate tax ids. There are two beautiful condos each has 2 bedrooms and 2 baths. First floor is a 1,729 sq ft of retail space, the 2nd and 3rd floor are condos approximately 1,800 sq ft each. Third floor...Enjoy Downtown living and own two income producing units in the same building, or buy it all for an investment property. Currently all three units are leased, two are on a month to month to allow a new owner to have a choice for new tenants, or else the tenants would like to stay. All units have seperate tax ids. There are two beautiful condos each has 2 bedrooms and 2 baths. First floor is a 1,729 sq ft of retail space, the 2nd and 3rd floor are condos approximately 1,800 sq ft each. Third floor condo, a luxury unit is simply gorgeous with exposed brick, fabulous kitchen with granite counter tops and beautiful cabinets and a large island, custom built ins with full wall bookcase, fireplace, skylights with electric blinds and more.... Floor plans were completed by Russell Francois Architecture. This is a must see!
  1. Listed by Liliana Taimoorazi • Coldwell Banker Real Estate Group

Property Details for 318 North Main Street

Area
Bloomington
Township
City of Bloomi
Num of Interior Fireplaces
1
Zoning
OTHER

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute
LISTING UPDATED: 02/28/2024 09:28 PM

Property Details for 318 North Main Street

StatusActive
MLS #11712919
Days on Market498
Taxes$9,181 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1930
Lot Size0.05 AC / 2,178 SF
CountyMcLean County

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute

Building Information for 318 North Main Street

Stories-Residences3Year Built1930Lot Size0.05 AC / 2,178 SF

Payment Calculator

$3,930 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,165

Property Taxes

$765

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 318 North Main Street

General Information
Addtl Parking Information
  • Indoor Parking: Fee Parking
  • Open Parking Spaces: 0.0
Location and General Information
  • Frontage Type: City Street
  • BNAR Zoning: OTH
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Flooring: Carpet, Concrete, Tile, Wood
  • # Of Washers: 2
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 2
  • Misc Inside: Atrium,Multi-Tenant,Basement
  • # Of Dryers: 2
  • # Of Disposals: 2
  • # Of Dishwashers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Owners Association: Yes
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 23 X 90
  • Lot Size Square Feet: 2178.0
  • Stories: 3
  • Exterior Building Type: Steel Siding, Brick, Block
  • Construction: Brick, Block, Wood Frame
  • Fire Protection: Sprinklers-Wet
  • Roof Structure: Flat
  • Foundation Details: Brick/Mortar
  • Building Area Total: 5500
  • # Of Offices: 0
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Condominium
  • Public Document Count: 0
  • Photos Count: 14
  • Relist: Y
Miscellaneous
  • Current Use: Commercial, Condominium
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $46,020.00
  • Gross Scheduled Income: $46,020.00
  • Insurance Expense: $3,960.00
  • Total Monthly Income: 3835
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 318 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 318 North Main Street

Taxable ValueLand$3,167Additions$34,026Total$37,193
Tax Record2022$3,161 ($263 / month)
Home Facts
Beds0Total Finished SqFt1,980 SqFtAbove Grade Finished SqFt1,980 SqFtStories1Lot Size697 SqFtStyleCondominiumCountyMCLEANAPN21-04-197-001

Schools near 318 North Main 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 - PK to 8
Rating
School
Distance
Sheridan Elementary School
PublicK to 5

Bloomington Jr High School
Public6 to 8

Bloomington High School
Public9 to 12

St Mary School
PrivatePK to 8

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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318 North Main Street is a mixed use property for sale in Bloomington, IL 61701. This property was listed for sale on February 4, 2023 by Coldwell Banker Real Estate Group, it's currently listed at $580,000. It has been on the market for a total of 498 days and was last sold on September 23, 2015. This listing's school district is Bloomington School District 87. Nearby schools include Sheridan Elementary School, Bloomington Jr High School and Bloomington High School. 318 North Main Street is a 0-bed, 0-bath, mixed use property built in 1930.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Real Estate Group

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.