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
$174,900
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: erin burns
Office: keller williams revolution
MLS#:12513210
Source:MLSNI

Price summary

  • Price:$174,900

About this home

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, and is fully occupied for immediate rental income! The main floor unit offers 2 bedrooms and 1 bath and is leased through December 2026. The upper unit features 3 bedrooms and 1 bath and is currently leased through May 2026. 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 starting or expanding your investment portfolio, this one checks all the right boxes! 24-hour notice required for all showings. Property sold as presented.

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Home facts

  • Year built:1915
  • Listing ID #:12513210
  • Added:51 day(s) ago
  • Updated:December 29, 2025 at 11:54 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:$174,900
  • Tax amount:$2,895 (2024)
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