Bloomington, IL 61701 506 E Chestnut Street

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Presented By: Keller Williams Revolution
  • MLS# 12513210
  • 11/07/2025
  • Request Tour
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  • Beds • 5
  • Baths • 2
  • Garage • 1

Home Details

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.
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 School
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
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot Applicable
Tax Annual Amount2895.12
Tax Year2024
Total Rooms8
TownshipCity of Bloomi
Year Built1915
ZoningMULTI

Exterior for 506 E Chestnut Street

Lot Dimensions50 X 155
Lot Size Acres0.18
Parking FeaturesYes, Garage Owned, Detached, Off Street, Owned, Garage
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Bloomington High School
Middle School Bloomington Jr High School
Elementary School Bent Elementary School

Client Care

Price $174,900
MLS#12513210
List Date 11/07/2025
Property Type Multi-Family
Phone 847.485.2500
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