501 Lutz Road, Bloomington, IL 61704
McLean County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
2026
Stories
2
Living Area
63,266 sq ft
Lot Size
3.80 acres
Lot Dimensions
395 x 337 x 102 x 200 x 94 x 200 x 185 x 354
Zoning
MULTI
Days on Market
60
MLS® Listing#
12578316
Property Features
Financial Details
Annual Taxes
$142
Tax year 2024
Parcel Number
2117451007
Directions
The proposed multifamily complex will be located at the intersection of Lutz and S. Morris Ave, just south of W. Hamilton Road. The complex will sit across from Prairie Vista Golf Course.
Affordability Calculator
$2,380,000
Estimated monthly payment
$63,337/mo
Principal $9,520,000 · Est. interest $13,281,247 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bloomington, IL
- $321,622
- Median Listing Price
- 38
- Median Days on Market
- 2,333
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 110
- Active Listings
- This home’s price is 3600% above the area median.
- Its price per sq ft is 38% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bloomington, IL.
Location
Points of Interest in Bloomington, IL
Showing the Bloomington area map.
Nearby Schools
Trinity Lutheran School
School · 0.4 mi away
Brigham Early Learning
School · 0.7 mi away
Brigham Elementary
Elementary · 0.7 mi away
Cedar Ridge Elementary School
Elementary · 1.0 mi away
Pepper Ridge Elementary School
Elementary · 1.2 mi away
Irving Elementary School
Elementary · 2.1 mi away
St Mary's
School · 2.1 mi away
Sarah A Raymond School of Early Educ
School · 2.2 mi away
Regional Alop School
Secondary · 2.4 mi away
Regional Office of Education
School · 2.4 mi away
Regional Alop School
School · 2.4 mi away
Fox Creek Elementary School
Elementary · 2.5 mi away
Corpus Christi Catholic School
Secondary · 2.6 mi away
District 87
School · 2.7 mi away
Oakland Elementary School
Elementary · 2.7 mi away
Holy Trinity Junior High School
Secondary · 2.8 mi away
Washington Elementary School
Elementary · 2.9 mi away
Sheridan Elementary School
Elementary · 2.9 mi away
Bent Elementary School
Elementary · 3.0 mi away
Illinois High School Association
Secondary · 3.3 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Bloomington
Listing Courtesy: CORE 3 Commercial Real Estate - 3095907900
Last Updated: 2026-02-26