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Listed by Erin Burnsof Keller Williams Revolution
$ 174,900
Est. payment /mo
Active
506 E Chestnut Street Bloomington, IL 61701
5 Beds
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
Zoning MULTI
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 1.0
View Y/N true
Roof Type Asphalt
Building
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
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