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717 Fairmont Dr
Bloomington, IL 61704

Price Upon Request

Apartments For Sale  •  25,872 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,872 SF
  • Lot Size 1.54 AC
  • Building Class C
  • Year Built 1972
  • Zoning MF
30 Transit Score
67 Walk Score

Highlights

100% Occupied and Well Maintained with 5-10% upside in market rents
100k in capital Improvements the past 3.5 Years
80% of the units are large 2-story Twonhouses
Utilities Reimbursed by Tenants
McLean County is Home to Rivian Electric Cars & State Farm Insurance Corporate Office

Financial Summary (Actual)

Net Operating Income: $229,641 USD (2024)
Total Expenses: $131,051 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Trash Pickup - Curbside
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Bloomington-Normal (Lincoln Service - Amtrak, Lincoln Service Missouri River Runner - Amtrak, Texas Eagle - Amtrak) 11 min - 4.6 mi
AirportDriveWalkDistance
Central Il Regional/Bloomington-Normal 11 min - 3.9 mi