IL > Bloomington
Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
12
See all 12 photos
$199,900
Est. payment /mo
Save
5 Beds
2 Baths
7,840 Sqft Lot
New

506 E Chestnut ST Bloomington, IL 61701

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
26
Apr
Sun
27
Apr
Mon
28
Apr
Ryan Ivemeyer

Ryan Ivemeyer

+1(815) 342-6942

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12341632

Style Traditional

Bedrooms 5

Year Built 1915

Annual Tax Amount $2,887

Tax Year 2023

Lot Size 7,840 Sqft

Lot Dimensions 50 X 155

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Mclean

Area Bloomington

Zoning MULTI

Rooms

Basement Unfinished, Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 1.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Conventional, No

Sewer Public Sewer

Water Public

Structure Type Conventional

New Construction false

Schools

Elementary Schools Bent Elementary

Middle Schools Bloomington Jr High School

High Schools Bloomington High School

School District 87 , 87, 87

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Erin Burns • Keller Williams Revolution

GET MORE INFORMATION

agent

Ryan Ivemeyer

Broker | License ID: 471.021972

+1(815) 342-6942

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Ryan Ivemeyer, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

506 E Chestnut ST