For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

506 E Chestnut St Bloomington, IL 61701

For Sale
$174,900

Residential Income, Traditional - Bloomington, IL

Lot size:
0.18 Acres
Days on Market:
24
Last Refresh:
Dec 13 at 2:06 pm

Property Features for 506 E Chestnut St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
MULTI
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
5
APN
2104229019
Parking
4
Lot size
0.18 Acres

Utilities

Heating system
Natural Gas

Building Details

Year built
1915
Roof type
Asphalt
Architectural style
New Traditional

Keller Williams Bloomington (309) 834-3400 [email protected]

Listing agent Erin Burns (309) 834-3400 License #475179695

Listing date Nov 20, 2025

MLS# 12513210 Listing URL

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bloomington Two-Unit Income Property

This two-unit property in Bloomington, IL, presents a smart investment opportunity in a desirable neighborhood. The property has been refreshed with new exterior paint and some interior touch-ups. The main floor unit features 2 bedrooms and 1 bath and is ready for occupancy, suitable for an owner-occupant or new tenants. The upper unit includes 3 bedrooms and 1 bath and is currently leased through May 2026, providing immediate income. Each unit has separate mechanicals. Tenants share laundry facilities located in the basement. A detached garage offers additional income potential through separate leasing. The property is situated on a 0.18-acre lot. This residential income property is zoned MULTI and is being sold as presented.
Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bloomington
County
McLean
State
Illinois
Longitude
-88.9864332
Latitude
40.4860616

FAQs

What type of property is this?
Duplex - Refreshed two-unit property with immediate income potential in Bloomington.
Where is this duplex located?
The property is located at 506 E Chestnut St Bloomington, IL.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: - Immediate income from upper unit leased through May 2026.; - Main floor unit is move-in ready, suitable for owner-occupancy or new tenants.; - Two-unit property offers investment and owner-occupancy potential.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message