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Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12581285MLS Provider

314 W Wood StreetBloomington, IL 61701

Multi-Family · 4 Beds
$220,000 Price Change

314 W Wood Street Overview

Time on Site:
115 days
Visits:
0

Great Investment Opportunity!! 4-Unit Multifamily. Each Unit has 1 Full Bedroom and 1 Full Bathroom with a full kitchen and comfortable living space. All Units were Completely Remodeled in 2025. The Roof is New as of 2023 and Furnace 2025. New Appliances in All Units!! ALL Units are Occupied Creating Immediate Cash Flow.This property offers a strong combination of income potential, flexibility, and long-term value, making it ideal for both new and experienced multifamily buyers. Don't Miss Out!!

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314 W Wood Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 87
  • Elementary School: Irving Elementary
  • Middle Or Junior School: Bloomington Jr High School
  • High School: Bloomington High School

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • County Or Parish: McLean
  • MLS Area Major: Bloomington
  • Subdivision Name: Miller Park
  • Township: City of Bloomi

Tax Information

  • Tax Annual Amount: $3,041.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 2109141004
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 4

General Information

  • Basement: Unfinished, Partial
  • Heating: Natural Gas
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Yes
  • Parking Total: 6

Lot Information

  • Lot Size Dimensions: 60x115
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Aluminum Siding

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 895
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 925
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 845
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 895
  • Beds Total: 1
  • Baths Total: 1

314 W Wood Street Neighborhood

Community

61701 (BLOOMINGTON) Demographics

35
Median Age
3,134
Population Density (per sq. mile)
40%
College Educated
$47,773
Estimated Median Income
8,369
Estimated Total Home Owners
6,828
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

314 W Wood Street Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

314 W Wood Street Market Data

Based on the last 30 days in this zip code

$270,038
Average List Price
$120
Average Price per Square Foot
34
Properties Sold
44
Average Days on Market
96
Properties for Sale
Calculations provided by Reliance Network

314 W Wood Street History

Date Event Value Agent
6/30/2026Source: MRED Price Reduction
$220,000 -4.3%
6/30/2026Source: MRED Status Change
Price Change
4/18/2026Source: MRED Status Change
Active
4/13/2026Source: MRED Status Change
Re-activated
3/13/2026Source: MRED Status Change
Contingent
3/11/2026Source: MRED Status Change
Active
3/6/2026Source: MRED Added to Database
March 06, 2026