506 E Chestnut St

Bloomington, IL 61701
  • $199,900

    Price
  • 5

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 97081 - 970669

Smart investment opportunity in a great east side neighborhood! This two-unit property has been refreshed inside and is currently fully occupied 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 is currently leased through April of 2026. 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. Looking to add to your portfolio? This property checks all the right boxes!

Listing Highlights for 506 E Chestnut St

Status Active
Days on Site 144
Property Type Multi-Family
MLS ® 12341632
Year Built 1915
Total Square Footage 0
Lot/Acreage 0.18
County McLean
Neighborhood Not Applicable
School District 87
Elementary School Bent Elementary School

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Partial
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: 1 car
  • Parking Spaces: 4
  • Lot Dimensions: 50 X 155
  • Zoning: MULTI
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Site,Garage Owned,Detached,Off Street,Owned,Garage

Financial Details

  • Tax Amount: $2,888
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2104229019
  • Tax Year: 2023

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Listing Location

Questions About..

506 E Chestnut St Bloomington, IL 61701

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Originating MLS: mred

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