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Near East Homes for Sale

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    $289,000

    • 5 Beds
    • 3 Baths

    307 S Mclean St, Bloomington, IL 61701

    Discover this charming three-unit investment property, featuring distinctive characteristics such as stunning stained glass transoms and beautiful hardwood floors that add character to each unit. Despite its age, this home has been thoughtfully updated with modern windows, wiring, and plumbing, ensuring reliability for years to come. The second-floor unit offers its own private deck, while the

    Phillip Hoffmann Keller Williams Revolution

    307 S Mclean St, Bloomington, IL 61701
  • /35

    $184,900

    • 3 Beds
    • 3 Baths

    410 N Mclean St, Bloomington, IL 61701

    Fantastic investment opportunity! This income-producing 2-unit property sits on a corner lot in Bloomington and has been well cared for with big-ticket updates already done. Unit 1 spans the first floor and basement, offering an enclosed front porch, spacious family room with decorative fireplace and built-ins, a kitchen, 1 bed/1 bath on the main level, plus a finished basement with another full

    Amanda Wycoff BHHS Central Illinois, REALTORS

    410 N Mclean St, Bloomington, IL 61701
  • /11

    $30,000

    • 2 Beds
    • 1 Bath
    • 1,040 Sq Ft

    501 E Mulberry St, Bloomington, IL 61701

    No Trespassing! This parcel is the lot on the corner of 501 E Mulberry and 605 N Evans (where an apartment building previously stood). This is all ONE parcel. No trespassing! Cash offers only. The property is boarded up completely. Sold "As is, where is." The property has been vacant for several years. Not sure of room sizes. Interior rooms are estimated! Must sign a hold harmless and have a

    Marti Ryan Vesta Real Estate LLC

    501 E Mulberry St, Bloomington, IL 61701

Why Live in Near East

Near East in Bloomington is a neighborhood known for its proximity to downtown and having historic homes, many of which are almost a century old. The area features American Foursquare and Folk Victorian houses, offering a range of affordable options with charming architectural details. Tree-lined streets and sidewalks create a picturesque setting, with homes built close together on small lots. With downtown Bloomington less than a mile away, the mix of residential, light industrial and commercial spaces cater to various lifestyles. Dining options include Lucca Grill and Annie’s Eats. For sweet treats, Grove Street Bakery offers a nostalgic atmosphere and a variety of baked goods. Shopping options include Godbey’s Goodys antique store, One More Time pawn shop and Lakewood Plaza, which features a Hyvee supermarket and a handful of fast-food eateries. The Downtown Bloomington Farmers Market is held every Saturday from May through October. The McClean County Arts Center is nearby and hosts art exhibitions and the Sugar Creek Arts Festival. Atwood Wayside Park, connected to the Constitution Trail, offers walking paths and an herb garden. The neighborhood is served by Bloomington High School. For transportation, the Connect Transit bus and major highways like Illinois state Route 9 ensure good connectivity. The Central Illinois Regional Airport is roughly 4 miles away.

Frequently Asked Questions

Is Near East a good place to live?
Near East is a good place to live. Near East is considered somewhat walkable and bikeable with some transit options. Near East has 2 parks for recreational activities. It is very dense in population with 28.4 people per acre and a median age of 37. The average household income is $61,423 which is below the national average. College graduates make up 34.5% of residents. A majority of residents in Near East are renters, with 69.1% of residents renting and 30.9% of residents owning their home. A local real estate agent serving Near East can help you decide if this neighborhood is the right one for you. Learn more on our Near East neighborhood guide.
Is Near East, IL a safe neighborhood?
Near East, IL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Near East?
The median home price in Near East is $161,950. If you put a 20% down payment of $32,400 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $35K a year to afford the median home price in Near East. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Near East is $61K.
What are the best public schools in Near East?
The best public schools that serve Near East are:
What are the best private schools in Near East?
The best private schools that serve Near East are:
What are the most popular zip codes in Near East, Bloomington, IL?
The most popular zip codes in Near East, Bloomington, IL include 61701, 61705, 61761, 61704 and 61736.
What are the most popular neighborhoods near Near East, Bloomington, IL?
The most popular neighborhoods near Near East, Bloomington, IL are West Bloomington and Pepper Ridge.

Home Trends in Near East, IL

Housing Trends

Median Sale Price
$155,700
Median Single Family Sale Price
$158,850
Median Townhouse Sale Price
$135,000
Median 2 Bedroom Sale Price
$147,000
Average Price Per Sq Ft
$91
Number of Homes for Sale
1
Last 12 months Home Sales
27
Months of Supply
0.40
Median List Price
$161,950
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
11%
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