717 Fairmont Dr | Bloomington, IL 61704
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- LoopNet Team
717 Fairmont Dr
Bloomington, IL 61704
Fairmont Apartments · Multifamily Property For Sale
·
35 Units
INVESTMENT HIGHLIGHTS
- 100% Occupied and Well Maintained with 5-10% upside in market rents
- 80% of the units are large 2-story Twonhouses
- McLean County is Home to Rivian Electric Cars & State Farm Insurance Corporate Office
- 100k in capital Improvements the past 3.5 Years
- Utilities Reimbursed by Tenants
PROPERTY FACTS
| No. Units | 35 | Lot Size | 1.54 AC |
| Property Type | Multifamily | Building Size | 25,872 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1972/2024 |
| Zoning | MF | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 25,872 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2024 |
| Zoning | MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 28 | $887.50 | 741 |
| 2+1 | 7 | $842.00 | 732 |
PROPERTY TAXES
| Parcel Number | 21-11-251-019 | Improvements Assessment | $490,654 |
| Land Assessment | $97,536 | Total Assessment | $588,190 |
PROPERTY TAXES
Parcel Number
21-11-251-019
Land Assessment
$97,536
Improvements Assessment
$490,654
Total Assessment
$588,190
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