Bloomington, IL 61701 506 E Chestnut Street
$199,900
7 more
Presented By: Keller Williams Revolution
Beds • 5
Baths • 2
Garage • 1
Home Details
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!
Presented By: Keller Williams Revolution
Interior Features for 506 E Chestnut Street
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Partial
Total Number of Units2
General for 506 E Chestnut Street
Additional Parcels Y/NNo
Architectural StyleTraditional
CityBloomington
Construction MaterialsConventional
CountyMcLean
DirectionsNorth Clinton Street to West on E. Chestnut
Elementary SchoolBent Elementary
Elementary School District87
Garage Spaces1
HeatingNatural Gas
High SchoolBloomington High School
High School District87
MLS AreaBloomington
Middle/Junior High SchoolBloomington Jr High School
Middle/Junior School District87
ModificationTimestamp2025-05-08T01:55:01.751Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot Applicable
Tax Annual Amount2887.94
Tax Year2023
Total Rooms8
TownshipCity of Bloomi
Year Built1915
ZoningMULTI
Exterior for 506 E Chestnut Street
Lot Dimensions50 X 155
Lot Size Acres0.18
Parking FeaturesOn Site, Garage Owned, Detached, Off Street, Owned, Garage
Total Parking4
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Schools
High School
Bloomington High School
Elementary School
Bent Elementary
Middle School
Bloomington Jr High School
