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Listing provided courtesy of CORE 3 Commercial Real EstateMREDas Distributed by MLSGrid- MLS# 12664893MLS Provider

221 Robinhood LaneBloomington, IL 61701

Commercial · 3 Beds · 0.19 Acres
$510,000 Active

221 Robinhood Lane Overview

Time on Site:
27 days
Visits:
0

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.

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221 Robinhood Lane Facts & Features

  • Type Commercial
  • Lot 0.19 Acres

Details

General

Income/Expenses

  • Other Expense: 4313
  • Electric Expense: 1500
  • Fuel Expense: 4700
  • Gross Income: 77030
  • Insurance Expense: 3200
  • Maintenance Expense: 6700
  • Net Operating Income: 43738
  • Operating Expense: 33291
  • Trash Expense: 0
  • Water Sewer Expense: 4200

Building Information

  • Year Built: 1960

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: McLean
  • MLS Area Major: Bloomington

Tax Information

  • Tax Annual Amount: $8,192.00
  • Tax Year: 2025

General Information

  • Parcel Number: 1434480010
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Cooling: Window Unit(s)
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Size Dimensions: 60 x 130 x 55 x 148

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

221 Robinhood Lane Neighborhood

Community

61701 (Bloomington) Demographics

35
Median Age
3,134
Population Density (per sq. mile)
40%
College Educated
$47,773
Estimated Median Income
8,369
Estimated Total Home Owners
6,828
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

221 Robinhood Lane Monthly Cost

$
$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

221 Robinhood Lane Market Data

Based on the last 30 days in this zip code

$270,038
Average List Price
$120
Average Price per Square Foot
34
Properties Sold
44
Average Days on Market
96
Properties for Sale
Calculations provided by Reliance Network

221 Robinhood Lane History

Date Event Value Agent
6/21/2026Source: MRED Status Change
Active
6/15/2026Source: MRED Status Change
Re-activated
6/11/2026Source: MRED Status Change
Contingent
6/7/2026Source: MRED Status Change
Active
6/2/2026Source: MRED Added to Database
June 02, 2026