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Active
  • $199,900

    506 E Chestnut St, Bloomington, IL 61701

    5beds
    --sqft
    : 
    Multi Family
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Main floor unitUpper unit
    Smart investment opportunity in a great east side neighborhood! This two-unit property has been refreshed inside and gives the flexibility of living in one unit or renting out both for solid cash flow. The main floor unit features two bedrooms and one bath and is currently leased through the end of the year. The upper unit offers three bedrooms and one bath and has been left vacant for a potential owner-occupant, though it's rent ready if you'd prefer to lease it out. Mechanicals are separated and there's shared laundry available in the basement for both tenants. The detached garage adds even more income potential - it can be rented for an additional monthly charge. Whether you're house hacking or adding to your portfolio, this property checks all the right boxes.
    8 days
    on Zillow
    |
    823
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 10:07pm

    Listing courtesy of:

    Erin Burns 309-840-7692,

    Keller Williams Revolution

    Source: MRED as distributed by MLS GRID,MLS#: 12341632MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 506 E Chestnut St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Partial

    Property

    Parking
    • Total spaces: 4
    • Parking features: On Site, Garage Owned, Detached, Off Street, Owned, Garage
    • Garage spaces: 1
    Lot
    • Size: 7,840.8 Square Feet
    • Dimensions: 50 X 155
    Details
    • Parcel number: 2104229019
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Conventional
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not Applicable
    Location
    • Region: Bloomington

    Financial & listing details

    • Tax assessed value: $103,659
    • Annual tax amount: $2,887
    • Date on market: 4/18/2025
    • Ownership: Fee Simple
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