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$199,900
1 Day On Site

506 E Chestnut Street
Bloomington, IL 61701

For Sale|Multi Family|Active
5
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1915
Built
Subdivision:
Not Applicable
County:
McLean
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams Revolution
Call Now: 847-810-8438
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847-810-8438
506 E Chestnut Street506 E Chestnut Street506 E Chestnut Street506 E Chestnut Street
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Smart investment opportunity in a great east side neighborhood! This two-unit property has been refreshed inside and gives the flexibility of living in one unit or renting out both 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 has been left vacant for a potential owner-occupant, though it's rent ready if you'd prefer to lease it out. 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. Whether you're house hacking or adding to your portfolio, this property checks all the right boxes.

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Listing Snapshot
Price 
$199,900
Days On Site 
1 Day
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1915
MLS® Number 
12341632
Status 
Active
Property Tax 
$2,887.94
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.18
Garage 
Yes
Garage Spaces 
1
Parking 
On SiteDetachedOff StreetGarage
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
Traditional
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
UnfinishedPartial
Heating 
Natural Gas
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Exterior Features
Roof 
Asphalt
Community Features
MLS Area 
Bloomington
School District 
Bloomington High School
Township 
City of Bloomi
Schools
School District
Bloomington High School
Elementary School
Bent Elementary
Middle School
Bloomington Jr High School
High School
Bloomington High School
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams Revolution



Based on information submitted to the MLS GRID as of 2025-04-19 11:57 AM UTC. 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.
Last checked: 2025-04-19 11:57 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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