Closed

$250,000

501 Grove Street, Bloomington, IL 61701
7 Beds6 Baths4 days
501 Grove Street·Bloomington, IL 61701
7Bedrooms
6Bathrooms
1904Year Built
About This Home

Fantastic Investment opportunity with this 4-unit apartment building in Beautiful and Historic Dimmit's Grove! Great Cashflow already with tons of room to increase.

MLS# 12387401Listed June 7, 2025Residential IncomeTraditional, VictorianSubdivision: Dimmitts Grove
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms6
Total Rooms17

Size & Structure

Garage Spaces1
Year Built1904
Lot Size0.200 acres

Location

CountyMcLean
TownshipCity of Bloomi
SubdivisionDimmitts Grove
Zip Code61701

Financial

List Price$250,000
Annual Taxes (2024)$3,532
Monthly Tax Est.$294
Parcel #2104419001
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

FrameAsbestos

Roof

Asphalt

Foundation

Other

Exterior Features

Lighting

Lot Features

Level
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

No GarageOn SiteGarage OwnedDetachedUnassignedDrivewayOwnedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Schools
Elementary
Sheridan Elementary
District: 87
Middle School
Bloomington Jr High School
District: 87
High School
Bloomington High School
District: 87
Tax & Financial
Annual Taxes
$3,532
Tax Year 2024
Monthly Tax Est.
$294
per month
Property Location

501 Grove Street, Bloomington, IL 61701 — McLean County

$250,000
501 Grove Street
7 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
1-car garage
0.200 acres
$3,532/yr taxes
$1,608
estimated monthly payment
Principal & Interest
$1,314/mo
Property Tax
$294/mo
$250,000
20% — $50,000
3%50%
6.875%
3%12%
Loan Amount
$200,000
Down Payment
$50,000

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

Listed by
Freedom Realty
Agent: Jared Litwiller
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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