Bloomington, IL 61701 221 Robinhood Lane
$510,000



4 more




Presented By: CORE 3 Commercial Real Estate
Home Details
Excellent opportunity to acquire a fully leased 6-unit multifamily investment property in a desirable Bloomington location. Conveniently situated just off Route 9/Empire, the property provides tenants with easy access to shopping, dining, employment centers, and everyday amenities. This well-maintained asset offers stable occupancy and strong income potential, making it an attractive addition to any investment portfolio. Tenant amenities include on-site laundry facilities and garage parking for select units. Utilities are included in the rent, with tenants contributing utility reimbursements to help with operating expenses. The property is currently professionally managed, providing a streamlined ownership experience. Whether you're looking to expand your portfolio or acquire a turnkey multifamily investment, this property presents an excellent opportunity in one of Bloomington's established rental markets.
Presented By: CORE 3 Commercial Real Estate
General for 221 Robinhood Lane
Additional Parcels Y/NNo
CityBloomington
CoolingWindow Unit(s)
CountyMcLean
Current UseMulti-Family
DirectionsVeterans south to Empire/Route 9 west to Fairway Drive north to Robinhood west. Property is on the left.
Electric Expense1500
Fuel Expense4700
Gross Income77030
Insurance Expense3200
MLS AreaBloomington
MaintenanceExpense6700
Net Operating Income43738
Number Of Units Total6
Operating Expense33291
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusNew
Stories Count2
Tax Annual Amount8192
Tax Year2025
Trash Expense0
Water Sewer Expense4200
Year Built1960
ZoningMULTI
Exterior for 221 Robinhood Lane
Lot Dimensions60 x 130 x 55 x 148
Lot Size Acres0.19
Additional Details
Price History
