$3,175,000

Est. payment -/mo

Est.Price: ?

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717-719 Fairmont DR Bloomington, IL 61704

1.54 Acres Lot

SOLD DATE : 07/31/2025

Key Details

Sold Price $3,175,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12351251

Sold Date 07/31/25

Maintenance Fees $15,750

Year Built 1972

Annual Tax Amount $47,690

Tax Year 2023

Lot Size 1.540 Acres

Lot Dimensions 154 X 177 X 201 X 186 X 288

Property Sub-Type Multi Family 5+

Property Description

Presenting a rare opportunity to acquire a 35-unit multifamily property located at 717-719 Fairmont Drive in Bloomington, Illinois. This well-maintained complex is fully rented and features a desirable mix of popular 1- and 2-bedroom units, many of which have been upgraded with modern finishes, including luxury vinyl plank (LVP) flooring. Situated on Bloomington's east side, the property enjoys strong rental demand with historically low vacancy rates, making it an easy-to-rent asset in a solid rental market. Residents benefit from on-site laundry facilities and proximity to schools, shopping, dining, and major transportation routes.