Location! All brick ranch duplex located at the corner of Prospect and Grandview (one block north of Oakland Ave). This is an estate being sold as is but in great condition. 2 bedrooms and 1 bath each with partially finished basements. Laundry in the basement. Great space with some updates in front unit flooring in bathroom, hallway and basement family room. HVAC replaced in 2002 and one AC in 2011. The unit on Grandview side has a generator. 2 car detached garage with interior wall gives each renter their own space. The property is on Septic but can be connected to city sewer across the street. One tenant would like to remain and the other tenant will vacate by Dec 31st. Rents could be increased substantially. Tenants will be present at all showings and will need 24 hour notice. Don't miss out on this opportunity to invest or live on one side and rent the other!
Closed
Zestimate®
$250,000
500 S Prospect Rd, Bloomington, IL 61704
4beds
--sqft
Multi Family
Built in 1975
-- sqft lot
$250,000 Zestimate®
$--/sqft
$1,272 Estimated rent
Home value
$250,000
$238,000 - $263,000
$1,272/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 30, 2025 at 08:20am
Listing courtesy of:
Bev Virgil, GRI 309-261-4116,
Coldwell Banker Real Estate Group,
Tiffany Nord, GRI 309-261-0536,
Coldwell Banker Real Estate Group
Bought with:
James Black
RE/MAX Rising
Source: MRED as distributed by MLS GRID,MLS#: 12513981
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 0.51 Acres
- Dimensions: 154 x145
- Features: Corner Lot
Details
- Parcel number: 2102455004
- Zoning: OTHER
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Shared Septic
- Water: Public
Community & neighborhood
Location
- Region: Bloomington
- Subdivision: Not Applicable
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Sold | $250,000-12.3% |
Source:  MRED as distributed by MLS GRID #12513981 Report a problem | ||
| 11/19/2025 | Contingent | $285,000 |
Source: MRED as distributed by MLS GRID #12513981 Report a problem | ||
| 11/10/2025 | Listed for sale | $285,000 |
Source: MRED as distributed by MLS GRID #12513981 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $6,218 +23.1% | $74,399 +25.2% |
| 2022 | $5,051 +9.2% | $59,426 +9.2% |
| 2021 | $4,623 | $54,401 |
Find assessor info on the county website
Neighborhood: 61704
Nearby schools
GreatSchools rating
- 7/10Oakland Elementary SchoolGrades: K-5Distance: 1 mi
- 2/10Bloomington Jr High SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Bloomington High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Oakland Elementary
- Middle: Bloomington Jr High School
- High: Bloomington High School
- District: 87
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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