IL > Bloomington
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
Bloomington, IL 61701,506 E Chestnut ST
Bloomington, IL 61701,506 E Chestnut ST
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Alan Berlow

Alan Berlow

+1(847) 815-6044
$ 199,900
Est. payment | /mo

5 Beds

2 Baths

7,840 Sqft Lot

Save
$ 199,900
Est. payment | /mo
Save

5 Beds

2 Baths

7,840 Sqft Lot

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
Alan Berlow

REALTOR | Lic# 475125930

+1(847) 815-6044

807 Waukegan Road Suite #125, Deerfield, IL, 66015, USA

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506 E Chestnut ST