407 E Market St
Bloomington, IL 61701
- 5 Beds
- 4 Baths
5 Beds
4 Baths
Local Information
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Description
This is a 4-unit building ready for renovation and repositioning as a strong income-producing asset. This property is ideal for experienced investors or contractors looking to add value through remodeling and maximize long-term returns. Previously configured as three 1-bedroom units and one 2-bedroom unit, the building gives you flexibility to recreate the former layout or start with a clean slate and redesign the units to best fit your investment strategy. With solid potential, this property presents an excellent opportunity to restore and reassemble into a profitable rental property.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 16, 2026
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
140 days ago
Home Details for 407 E Market St
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MLS Status: Closed |
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Interior Details Basement: Unfinished,FullNumber of Rooms: 1 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Heating & Cooling Heating: Natural GasHas HeatingHeating Fuel: Natural Gas |
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Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Parcel Number: 2104263005 |
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Price List Price: $65,000 |
Status Change & Dates Off Market Date: Fri Jan 30 2026Possession Timing: Close Of Escrow |
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Direction & Address City: BloomingtonCommunity: Not Applicable |
School Information Elementary School: Sheridan ElementaryElementary School District: 87Jr High / Middle School: Bloomington Jr High SchoolJr High / Middle School District: 87High School: Bloomington High SchoolHigh School District: 87 |
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Lot Area: 6900 sqft |
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Special Conditions: None |
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Listing Terms: Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12546281 |
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MRD Listing On IDX Display: YesMRD REMARKSINTERNET: Yes |
Last check for updates: about 5 hours ago
Listed by Seth Couillard, (309) 530-1442
Couillard and Company
Megan Sargent, (309) 826-6722
Couillard and Company
Bought with: Sean Bozarth, (309) 261-1302, RE/MAX Rising
Source: MRED as distributed by MLS GRID, MLS#12546281

Price History for 407 E Market St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/16/2026 | $45,000 | Sold | MRED as distributed by MLS GRID #12546281 |
| 02/14/2024 | $57,000 | Sold | MRED as distributed by MLS GRID #11948951 |
| 01/13/2017 | $25,000 | Sold | N/A |
| 09/02/2016 | $35,000 | PriceChange | Agent Provided |
| 04/29/2016 | $40,000 | PriceChange | Agent Provided |
| 01/06/2016 | $45,000 | Pending | Agent Provided |
| 10/27/2015 | $45,000 | PriceChange | Agent Provided |
| 10/06/2015 | $54,900 | Listed For Sale | Agent Provided |
| 10/31/2013 | $23,000 | Sold | N/A |
| 09/20/2013 | $34,500 | Listed For Sale | Agent Provided |
| 04/02/2013 | $34,000 | ListingRemoved | Agent Provided |
| 03/29/2013 | $34,000 | PriceChange | Agent Provided |
| 03/08/2013 | $44,000 | Listed For Sale | Agent Provided |
| 01/26/2013 | $43,200 | ListingRemoved | Agent Provided |
| 01/09/2013 | $43,200 | Listed For Sale | Agent Provided |
Market trends in Bloomington
Last updated April 2026
Avg. sale price
$238K $12.75KMoM
Sale-to-List Price
98.7% 0.3%MoM
Price per sq ft
$112 $4MoM
Available listings
177 17MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,553 |
| Assessment | $57,453 |
Home facts updated by county records
Comparable Sales for 407 E Market St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $155,000 | 02/09/26 | 5 | 3 | - | |
0.15 | Multi-Family Home | $199,900 | 08/14/25 | 5 | 3 | - | |
0.21 | Multi-Family Home | $225,000 | 12/01/25 | 4 | 4 | - | |
0.06 | Multi-Family Home | $225,000 | 07/23/25 | 4 | 4 | - | |
0.24 | Multi-Family Home | $290,000 | 08/28/25 | 4 | 3.5 | - | |
0.50 | Multi-Family Home | $120,000 | 04/30/26 | 5 | 3 | - | |
0.39 | Multi-Family Home | $123,000 | 02/09/26 | 5 | 4 | - | |
0.30 | Multi-Family Home | $245,000 | 07/09/25 | 7 | 6 | - | |
0.46 | Multi-Family Home | $305,000 | 12/23/25 | 6 | 4 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 407 E Market St.
What Locals Say about Bloomington
At least 518 Trulia users voted on each feature.
91 % Say car is needed
91 % Say it's dog friendly
88 % Say parking is easy
84 % Say there are sidewalks
79 % Say yards are well-kept
77 % Say there's holiday spirit
72 % Say kids play outside
69 % Say people would walk alone at night
68 % Say streets are well-lit
68 % Say it's quiet
57 % Say neighbors are friendly
51 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
36 % Say it's walkable to restaurants
36 % Say it's walkable to grocery stores
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 407 E Market St
Off Market Homes Near 407 E Market St

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
Homes for rent near 407 E Market St
407 E Market St, Bloomington, IL 61701 is a 5 bedroom, 4 bathroom multi-family built in 1920. This property is not currently available for sale. 407 E Market St was last sold on Feb 16, 2026 for $45,000 (31% lower than the asking price of $65,000). The current Trulia Estimate for 407 E Market St is $45,700.

