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Looking for investment property? New to market 312 and 314 Riley Drive, purchase both 4 unit all brick buildings. Each unit is townhouse style with a full basement with laundry hook ups available. 2 bedroom and one and a half baths. Roof replaced in 2022. Awaiting confirmation of lease amounts and dates. 312 and 314 to be sold together All information believed to be correct, but not guaranteed

Highlights

  • Residential Income
  • Multi Family
  • Built in 1968
  • 0.22 Acre Lot
  • 107 days on Market

  • Bedrooms
    8
  • Year Built
    1968
  • Architectural Style
    Other
  • Construction Materials
    Brick
  • Basement
    Full, Unfinished

  • Acres
    0.22
  • Water
    Public

  • Area
    Bloomington
  • County
    McLean
  • City
    Bloomington
  • Neighborhood
    Fairway Knolls
  • Zip Code
    61701
  • High School
    Bloomington High School
  • Middle School
    Bloomington Jr High School
  • Elementary School
    Bent Elementary School

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Frequently Asked Questions

How do I schedule a tour of 314 Riley Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 314 Riley Dr.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 314 Riley Dr?

Click Ask a Question to talk with our team. You already know it is a 8 bed, N/A bath, listed for $399,900. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Bloomington, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 314 Riley Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 314 Riley Dr at around $73,401. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 314 Riley Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in McLean County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 314 Riley Dr?

In most cases, yes. Whether 314 Riley Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Bloomington's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 314 Riley Dr?

We can handle that for you. Our preferred local agent specializes in residential incomes in Bloomington and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

314 Riley Dr was listed on July 25, 2026, which means it's been on the market for 107 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1968, making it approximately 58 years old.

What is the lot size of this property?

314 Riley Dr sits on a 0.22-acre lot, which is 9,583 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Bent Elementary School
  • Middle: Bloomington Jr High School
  • High: Bloomington High School

Want to see how these schools compare? Check out our McLean County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 314 Riley Dr?

The most recent public record shows annual property taxes for 314 Riley Dr were approximately $853,505. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 314 Riley Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 09, 2026 at 11:41AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12715643