Bloomington, IL 61704,500 S Prospect RD
See all 5 photos
Bloomington, IL 61704,500 S Prospect RD
Bloomington, IL 61704,500 S Prospect RD
Bloomington, IL 61704,500 S Prospect RD
Bloomington, IL 61704,500 S Prospect RD

$250,000

Est. payment /mo

$285,000

12.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

500 S Prospect RD Bloomington, IL 61704

4 Beds

2 Baths

SOLD DATE : 12/30/2025

Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12513981

Sold Date 12/30/25

Style Ranch

Bedrooms 4

Year Built 1975

Annual Tax Amount $6,233

Tax Year 2024

Lot Dimensions 154 x145

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Mclean

Area Bloomington

Zoning OTHER

Rooms

Basement Partially Finished, Full

Interior

Heating Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Building

Lot Description Corner Lot

Building Description Brick, No

Sewer Shared Septic

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Oakland 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

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Bev Virgil of  Coldwell Banker Real Estate Group 
Bought with James Black of RE/MAX Rising
Lorenzo Sanchez

Lorenzo Sanchez

+1(773) 419-1724

GET MORE INFORMATION

Name
Phone*
Message