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$174,900
5
beds
2
baths

506 E Chestnut Street
Bloomington, Illinois 61701

Active / MLS #12513210 / Multiple Unit (2-4) / Bloomington
Listing information updated 12/19/2025 at 8:23am
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.
Architecture Style:
Traditional
Exterior Type:
Conventional
Basement:
Unfinished,Partial
Beds Above Grade:
5
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Roof Type:
Asphalt
Parking Type:
Garage - Yes,Garage Owned,Detached,Off Street,Owned,Garage
Parking Spaces:
4
Garage:
Detached
Room Count:
8
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.18
Tax Amount:
$2,895
Tax Year:
2024
Zip Code:
61701
City:
Bloomington
County:
Mclean
School District(s):
87
Elementary School:
Bent Elementary School
Middle School:
Bloomington Jr High School
High School:
Bloomington High School

Listing Office: Keller Williams Revolution

Listing Office Phone: 309.834.3400

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/19/2025 at 8:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Bloomington, IL

The city of Bloomington is located in McLean County, Illinois. It has an overall population of close to 77,000 people, which makes it the 12th most populous city in Illinois. The area is a neighbor to Normal, Illinois....
$284,977
Average Sale Price
29
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 506 E Chestnut Street, Bloomington, IL 61701
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506 E Chestnut Street, Bloomington, IL 61701 is a multiple unit (2-4) currently listed at $174,900. 506 E Chestnut Street features 5 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since November 7th, 2025 and was built in 1915. Nearby schools include Bent Elementary School, Bloomington Jr High School, and Bloomington High School.

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