Closed

$285,000

500 Prospect Road, Bloomington, IL 61704
4 Beds2 Baths9 days
500 Prospect Road·Bloomington, IL 61704
4Bedrooms
2Bathrooms
1975Year Built
About This Home

Location! All brick ranch duplex located at the corner of Prospect and Grandview (one block north of Oakland Ave). This is an estate being sold as is but in great condition. 2 bedrooms and 1 bath each with partially finished basements. Laundry in the basement. Great space with some updates in front unit flooring in bathroom, hallway and basement family room. HVAC replaced in 2002 and one AC in 2011. The unit on Grandview side has a generator. 2 car detached garage with interior wall gives each renter their own space. The property is on Septic but can be connected to city sewer across the street. One tenant would like to remain and the other tenant will vacate by Dec 31st. Rents could be increased substantially. Tenants will be present at all showings and will need 24 hour notice. Don't miss out on this opportunity to invest or live on one side and rent the other!

MLS# 12513981Listed November 10, 2025Residential IncomeRanchSubdivision: Not Applicable
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms6

Size & Structure

Garage Spaces2
Year Built1975
Lot Size154 x145

Location

CountyMcLean
TownshipCity of Bloomi
SubdivisionNot Applicable
Zip Code61704

Financial

List Price$285,000
Annual Taxes (2024)$6,234
Monthly Tax Est.$520
Parcel #2102455004
Interior Features

Heating

Forced Air

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick

Lot Features

Corner Lot
Utilities & Parking

Sewer

Shared Septic

Water Source

Public

Parking

YesGarage OwnedDetachedGarage
Schools
Elementary
Oakland Elementary
District: 87
Middle School
Bloomington Jr High School
District: 87
High School
Bloomington High School
District: 87
Tax & Financial
Annual Taxes
$6,234
Tax Year 2024
Monthly Tax Est.
$520
per month
Property Location

500 Prospect Road, Bloomington, IL 61704 — McLean County

$285,000
500 Prospect Road
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
2-car garage
154 x145
$6,234/yr taxes
$2,017
estimated monthly payment
Principal & Interest
$1,498/mo
Property Tax
$520/mo
$285,000
20% — $57,000
3%50%
6.875%
3%12%
Loan Amount
$228,000
Down Payment
$57,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Real Estate Group
Agent: Bev Virgil
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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