www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29988335
29988336

501 Lutz Road, Bloomington, IL 61704

Core 3 Property Management
Core 3 Property Management
Listed by Core 3 Property Management
$11,900,000
64 days on market
Updated 64 days ago

501 Lutz Road

Details
APN 2117451007
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 56
NOI $729,729
Year Built 2026
Stories 2
Acreage 3.800
Zoning MULTI

Multifamily | 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 has 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.
Icon
Powered by MRED
Learn More

Listing Contacts

Core 3 Property Management
Core 3 Property Management
Listed by Core 3 Property Management

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$729,729.00
$60,810.75/mo

Valuation Metrics

0
DSCR
6.13%
Cap Rate
6.13%
ROI

Map

Zoning

Intelligence Badge
A AgricultureAgricultural
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 134 uses
View all 134 uses
Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591