506 Chestnut Street, Bloomington, Illinois 61701

Subdivision > Not Applicable

$174,900

For Sale
Status: New
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1915
Property Taxes: $2,895
Days On Market: 1
Lot Size: 0,18
Map
Street View

Description

Smart investment opportunity in a great neighborhood! This two-unit property has been refreshed for market with brand new exterior paint and some touch ups. The main floor unit offers 2 bedrooms and 1 bath and is ready for occupancy, ideal for an owner-occupant or new tenants. The upper unit features 3 bedrooms and 1 bath and is currently leased through May 2026, providing immediate income. Each unit has separate mechanicals, and tenants share convenient laundry facilities in the basement. A detached garage adds additional income potential with the option to lease separately. Whether you're expanding your investment portfolio or seeking a property to live in while generating rental income, this one checks all the right boxes! 24-hour notice required for all showings. Property sold as presented.

Property Specifics

Multi-unit
1915
No
0.18
Not Applicable
— / —
12513210
2104229019

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Bent Elementary School
87
Middle School
Bloomington Jr High School
87 Not in DB
High School
Bloomington High School
87 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
7 Nov, 2025 Listed for sale $174,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

1
50 X 155
Not in DB

Tax History

Year Property Taxes
2025 $2,895

Nearby Similar Homes

905 Elder Street, Bloomington, Illinois 61701
For Sale
$299,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1915
9

409 Douglas Street, Bloomington, Illinois 61701
For Sale
$169,900
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1925
54

410 Mclean Street, Bloomington, Illinois 61701
For Sale
$184,900
3 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1920
79

708 Jefferson Street, Bloomington, Illinois 61701
For Sale
$85,000
3 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1905
220

706 Front, Bloomington, Illinois 61701
For Sale
$162,000
3 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1905
372

Nearby Sold Comparables

502 Chestnut Street, Bloomington, Illinois 61701
Sold
$109,900
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
1518

505 Chestnut Street, Bloomington, Illinois 61701
Sold
$119,900
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
2425

505 Chestnut Street, Bloomington, Illinois 61701
Sold
$165,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
728

609 Walnut Street, Bloomington, Illinois 61701
Sold
$149,500
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1900
6322

513 Chestnut Street, Bloomington, Illinois 61701
Sold
$50,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1925
2388

518 Chestnut, Bloomington, Illinois 61701
Sold
$50,000
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1930
5262


Contact Agent

Listing Provided By

Keller Williams Revolution