Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
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$174,900
Est. payment /mo
5 Beds
2 Baths
7,840 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12513210

Style Traditional

Bedrooms 5

Year Built 1915

Annual Tax Amount $2,895

Tax Year 2024

Lot Size 7,840 Sqft

Lot Dimensions 50 X 155

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Mclean

Area Bloomington

Zoning MULTI

Rooms

Basement Unfinished, Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 1.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Conventional, No

Sewer Public Sewer

Water Public

Structure Type Conventional

New Construction false

Schools

Elementary Schools Bent Elementary School

Middle Schools Bloomington Jr High School

High Schools Bloomington High School

School District 87 , 87, 87

Others

Ownership Fee Simple

Special Listing Condition None


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Midwest Real Estate Data (MRED) IDX
Listed by Erin Burns of  Keller Williams Revolution 

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