Loading...

Bloomington, IL, 61701 • 61701 • McLean County
$93/sqft
2Beds
1Baths
804Sqft
1950Built
Demand and pricing signals for this listing
19 views
People checking out this listing
1 saves
Buyers have saved this home
134 days on market
Established listing
$93/sqft
Price per square foot
Single Family · Built 1950
CALLING INVESTORS AND HOMEOWNERS ALIKE! Set far back on the lot for added privacy, this charming 2-bedroom, 1-bath home offers a rare combination of flexibility and opportunity. The deep lot provides room to grow - expand the home's footprint, add a garage or workshop, or even build a larger main residence while keeping the existing home as a guest house or rental. Whether you're an investor or homeowner, you'll appreciate the multiple exit strategies this property offers. With 804 square feet of living space, a utility room, driveway parking for multiple vehicles, and a newer 160 sq. ft. shed, there's plenty of potential to enhance or expand the existing layout. Not to mention big ticket upgrades like a newer roof (2017) and sewer line replacement to the street (2022)! For investors, the numbers make sense - this property would rent well above the 1% rule, making it an excellent BRRRR, flip, or buy-and-hold opportunity with light updates. The home features a welcoming wood front porch, ample parking, and a quiet setting that still provides convenient access to town amenities. With its solid structure, spacious lot, and strong upside potential, 1216 S Oak St presents an affordable entry point for homeowners seeking to put in TLC or investors looking for a versatile, high-return opportunity. Buyer to diligence building restrictions.
Standout features identified
Our analysis highlights quiet setting, utility room, and welcoming wood front porch as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $60,000 loan
Full calculator →Key facts and listing details
5 categories of property features
19 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
Bedroom4
Other
Other
Market data and value estimates
3 schools rated nearby
Bloomington, IL, 61701
14 events
23 years of records
Local context around this listing
Bloomington, IL • McLean County
Nearby cities
Nearby zip codes
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](/mls-disclaimers/#17)
No obligation · Same-day response