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29429231
29429232

501 Lutz Rd, Bloomington, IL 61704

CT
IL IL475166842
SVN Core 3
Listed by SVN Core 3
$11,900,000
129 days on market
Updated 25 days ago

The Vista at Wittenberg

Details
APN 21-17-451-007
Property Type Multifamily
Sub Type Apartment Building
Square Footage 63,266
Units 56
Pro-Forma Cap Rate 6.13%
Pro-Forma NOI $729,729
Price per SqFt $188
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 4
Stories 2
Acreage 3.800
Zoning R-2
Investment Type Redevelopment

Proposed New Multifamily Development | 56 Units

Marketing description

Introducing an exciting new multifamily community coming to Bloomington, new construction in 2026 - The Vista at Wittenberg, located at 501 Lutz Road. Thoughtfully planned, all development and site work have already been completed, providing a streamlined path to construction and delivery.

This 56-unit development will offer a balanced mix of modern living spaces, including 16 spacious 1-bedroom units and 40 well-designed 2-bedroom units, ideal for residents seeking convenience, comfort, and style. Interior features of the units include LVT flooring, granite countertops and upscale appliances, along with a designated in-home office space.

The Vista at Wittenberg development offers an attractive opportunity for future residents and multifamily investors alike.

Disclaimer: All photos and floor plans are conceptual renderings. Actual building design, finishes, and layouts may differ.

Investment highlights

56 total units

Convenient access to Interstates

Listing Contacts

CT
IL IL475166842
SVN Core 3
Listed by SVN Core 3

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Additional Information

Name
Carrie Tinucci-Troll
License
IL475166842
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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