Bloomington, IL 61704 717-719 Fairmont Drive

Pending
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Presented By: RE/MAX Rising
  • MLS# 12351251
  • 05/14/2025
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Home Details

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.
Presented By: RE/MAX Rising

Interior Features for 717-719 Fairmont Drive

Other Rooms

General for 717-719 Fairmont Drive

Additional Parcels Y/NNo
CityBloomington
CoolingCentral Air
CountyMcLean
DirectionsFrom S. on Veterans Pkwy. E. on Oakland; S. on Eldorado; L. on Arcadia; R. on Arcadia
Electric Expense4560
Fuel Expense2100
Gross Income369852
Insurance Expense10949
MLS AreaBloomington
Maintenance Expense15750
ModificationTimestamp2025-06-16T16:20:03.205Z
Net Operating Income229641
Number Of Units Total35
Operating Expense131051
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusPending
StatusPending
Stories Count1
Tax Annual Amount47690
Tax Year2023
Trash Expense3100
Water Sewer Expense3560
Year Built1972
ZoningMULTI

Exterior for 717-719 Fairmont Drive

Lot Dimensions154 X 177 X 201 X 186 X 288
Lot Size Acres1.54

Additional Details

Price History

Client Care

Price $3,100,000
MLS#12351251
List Date 05/14/2025
Property Type Pending
Phone 847.485.2500
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