506 E Chestnut St

Bloomington, IL 61701
  • $174,900

    Price
  • 5

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 97081 - 970669

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.

Listing Highlights for 506 E Chestnut St

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 12513210
Year Built 1915
Total Square Footage 0
Lot/Acreage 0.18
County McLean
Neighborhood Not Applicable
School District 87
Elementary School Bent Elementary School

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Partial
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: 1 car
  • Parking Spaces: 4
  • Lot Dimensions: 50 X 155
  • Zoning: MULTI
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Off Street,Owned,Garage

Financial Details

  • Tax Amount: $2,895
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2104229019
  • Tax Year: 2024

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Listing Location

Questions About..

506 E Chestnut St Bloomington, IL 61701

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Originating MLS: mred

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