Updated Corner-Lot
New
For Sale
$219,900
511 Douglas Street, Bloomington, IL 61701
Two independent units feature separate utility meters, refreshed interiors, and flexible conversion potential for single-family use.
Property SizeContact for details
Days on Market3
Property Features for 511 Douglas Street
General Information
Standard status
Active
Total Parking Spaces
1
Property subtype
Residential Income
Zoning
MULTI
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,750
Amenities
security system
decks
Building Details
Year Built
1925
Buildings
1
Tenancy
Multi
Listing Agency:
Vesta Real Estate LLC
(309) 228-3782
Listed By:
Marti Ryan
(309) 228-3782
Source:
Midwestrealestate
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 10 at 6:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vesta Real Estate LLC
Investment Insights
Based on property information with market context.
Built in 1925, this corner-lot duplex contains two independent living spaces with separate gas, electric, and water meters. Interior improvements include fresh paint, refinished hardwood floors, updated lighting and ceiling fans, new switches and outlets, and new blinds. The lower unit received substantial remodeling in 2023/2024, including a renewed kitchen and fully renovated bathroom, along with a new HVAC system installed in 2023.
Exterior work includes a new upper front deck added in 2021, new lower front and rear decks completed in 2022, replacement basement windows, and updated foundation landscaping. The property also includes an exterior security system with four cameras and a central video hub. Additional improvements include a 2010 roof, updated electrical service from 2007, copper and PEX plumbing, a new sewer line installed in 2015, and a remodeled second-floor kitchen, bathroom, and laundry area completed in 2019. The floor plan can also be converted to a single-family residence with minimal modification.
Exterior work includes a new upper front deck added in 2021, new lower front and rear decks completed in 2022, replacement basement windows, and updated foundation landscaping. The property also includes an exterior security system with four cameras and a central video hub. Additional improvements include a 2010 roof, updated electrical service from 2007, copper and PEX plumbing, a new sewer line installed in 2015, and a remodeled second-floor kitchen, bathroom, and laundry area completed in 2019. The floor plan can also be converted to a single-family residence with minimal modification.
Key Highlights
- Two independent living units with separate gas, electric, and water meters
- Lower unit remodeled in 2023/2024 with updated kitchen and fully renovated bathroom
- New HVAC system installed in the lower unit in 2023
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,593
Businesses Nearby
Explore this area
Business Placement
Demographics for 61701, IL
34,497
Population
18,038
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,136
Density / Sq Mi
$55,882
Median Household Income
$37,674
Median Earnings
$873
Median Rent
$138,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent units feature separate utility meters, refreshed interiors, and flexible conversion potential for single-family use.
Where is this duplex located?
The property is located at 511 Douglas Street Bloomington, IL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two independent living units with separate gas, electric, and water meters; Lower unit remodeled in 2023/2024 with updated kitchen and fully renovated bathroom; New HVAC system installed in the lower unit in 2023
