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502 E Locust Street Bloomington, IL $ 225,000
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$ 225,000 Get more info
502 E Locust Street
$ 225,000
Back to search
Share Save

502 E Locust Street

Bloomington, IL, 61701
$ 225,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 1,495

502 E Locust Street, Bloomington, IL 61701 - Image 1
502 E Locust Street, Bloomington, IL 61701 - Image 2
502 E Locust Street, Bloomington, IL 61701 - Image 3
502 E Locust Street, Bloomington, IL 61701 - Image 4
502 E Locust Street, Bloomington, IL 61701 - Image 5
502 E Locust Street, Bloomington, IL 61701 - Image 6
502 E Locust Street, Bloomington, IL 61701 - Image 7

Multi-Family Home for sale in Bloomington, IL

for $225,000 with 3 bedrooms and 3 full baths. This home was built in 1912 on a lot size of 0.42.

Centrally located 3-unit building. Fully rented. Property features of a 2 bedroom, a 1 bedroom, and an efficiency apartment. Gas and electric are separately metered for all units. Per the previous listing, there was a new water main in 2016 and a new roof in 2009. Tenants Pay Gas & Electric. Each unit has it's own furnace but one water heater for the building. There is a hookup so potential to put a washer and dryer in the basement. Owner Pays Water & Gas for Water Heater only. Property is being sold as-is where-is. All information is believed to be accurate but not guaranteed. Property is fully occupied. Photos are of the studio unit prior to being rented. Check out 407 E Olive and 707 W Jefferson as well.

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Multi-Family Active

Price

$ 225,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,133

Style

Traditional

Lot Size

0.42

Year Built

1912

Town/City

Bloomington

County/Region

McLean

MLS | Web ID

12030690
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Architectural Style Traditional
Year Built 1912
Township City of Bloomi
Tax Year 2022
Percent Ownership Fee Simple
County McLean
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Not Applicable
Total Rooms 10
Status Active
Directions From Main St go East on Locust.
High School Bloomington High School
City Bloomington
High School District 87
MLS Area Bloomington
Waterfront Y/N N
Street Name Locust
Elementary School Bent Elementary
Tax Annual Amount 3133.36
Middle/Junior High School Bloomington Jr High School
Days on Market 35
Standard Status Active
Middle/Junior School District 87
Elementary School District 87
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Interior
Basement Partial Unfinished
Street Suffix Street
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Unassigned Off Alley
Lot Features Corner Lot
Water Source Public
Total Parking 3
Lot Dimensions 82 X 225
Lot Size Acres 0.42
Exterior Other
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* Excluded Features
List By
Vesta Real Estate Llc

Broker

marti@vestasells.com

Email

Affordability Calculator

$1,757
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,495
Monthly Property Taxes
$261
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2510395 Elementary School
2713493 Middle School
Bloomington High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/16/2024$225,000 -2.17% Price Down
4/30/2024$230,000 -4.17% Price Down
4/17/2024$240,000 Listed Price

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502 E Locust Street, Bloomington, IL, 61701 is a Multi-Family Home for sale at $225,000 with a lot size of 0.42. 502 E Locust Street has 3 bedrooms, 3.0 baths, and was built in 1912. The property's zip code is 61701 which is in Bloomington, IL

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