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Contingent
  • $285,000

    500 S Prospect Rd, Bloomington, IL 61704

    4beds
    --sqft
    : 
    Multi Family
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Partially finished basementsLaundry in the basement
    Location! All brick ranch duplex located at the corner of Prospect and Grandview (one block north of Oakland Ave). This is an estate being sold as is but in great condition. 2 bedrooms and 1 bath each with partially finished basements. Laundry in the basement. Great space with some updates in front unit flooring in bathroom, hallway and basement family room. HVAC replaced in 2002 and one AC in 2011. The unit on Grandview side has a generator. 2 car detached garage with interior wall gives each renter their own space. The property is on Septic but can be connected to city sewer across the street. One tenant would like to remain and the other tenant will vacate by Dec 31st. Rents could be increased substantially. Tenants will be present at all showings and will need 24 hour notice. Don't miss out on this opportunity to invest or live on one side and rent the other!
    30 days
    |
    632
    |
    19
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 18, 2025 at 06:06pm

    Listing courtesy of:

    Bev Virgil, GRI 309-261-4116,

    Coldwell Banker Real Estate Group,

    Tiffany Nord, GRI 309-261-0536,

    Coldwell Banker Real Estate Group

    Source: MRED as distributed by MLS GRID,MLS#: 12513981MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 0.51 Acres
    • Dimensions: 154 x145
    • Features: Corner Lot
    Details
    • Parcel number: 2102455004
    • Zoning: OTHER
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not Applicable
    Location
    • Region: Bloomington

    Financial & listing details

    • Tax assessed value: $223,197
    • Annual tax amount: $6,233
    • Date on market: 11/10/2025
    • Ownership: Fee Simple
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/19/2025Contingent$285,000
    Source: MRED as distributed by MLS GRID #12513981 Report a problem
    11/10/2025Listed for sale$285,000
    Source: MRED as distributed by MLS GRID #12513981 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2023$6,218 +23.1%$74,399 +25.2%
    2022$5,051 +9.2%$59,426 +9.2%
    2021$4,623 $54,401

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,008/mo
    Principal & interest
    $1397
    Property taxes
    $511
    Home insurance
    $100

      Climate risks

      Neighborhood: 61704

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Oakland Elementary
      • Middle: Bloomington Jr High School
      • High: Bloomington High School
      • District: 87

      Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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