506 E Chestnut Street, Bloomington, IL 61701

Local realty services provided by:Better Homes and Gardens Real Estate Connections
506 E Chestnut Street,Bloomington, IL 61701
$199,900
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:erin burns
Office:keller williams revolution
MLS#:12341632
Source:MLSNI

Price summary

  • Price:$199,900

About this home

Smart investment opportunity in a great east side neighborhood! This two-unit property has been refreshed inside and is currently fully occupied 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 is currently leased through April of 2026. 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. Looking to add to your portfolio? This property checks all the right boxes!

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1915
  • Listing Id #:12341632
  • Added:118 day(s) ago
  • Updated:August 13, 2025 at 10:47 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1915
  • Lot area:0.18 Acres

Schools

  • High school:Bloomington High School
  • Middle school:Bloomington Jr High School
  • Elementary school:Bent Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,900
  • Tax amount:$2,888 (2023)
MLS LogoCopyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.