Bloomington, IL 61701,506 E Chestnut ST
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Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
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Neil Hackler

Neil Hackler

+1(773) 677-3479
$ 174,900
Est. payment /mo
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Active

506 E Chestnut ST Bloomington, IL 61701

5 Beds

2 Baths

7,840 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12513210

Style Traditional

Bedrooms 5

Year Built 1915

Annual Tax Amount $2,895

Tax Year 2024

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 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.

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 School

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
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Erin Burns of  Keller Williams Revolution 
Neil Hackler

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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506 E Chestnut ST