Fantastic Investment opportunity with this 4-unit apartment building in Beautiful and Historic Dimmit's Grove! Great Cashflow already with tons of room to increase.
Closed
$245,000
501 E Grove St, Bloomington, IL 61701
7beds
--sqft
Multi Family
Built in 1904
-- sqft lot
$257,200 Zestimate®
$--/sqft
$1,650 Estimated rent
Home value
$257,200
$237,000 - $280,000
$1,650/mo
Zestimate® history
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$1,806/mo
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Zillow last checked:
Listing updated:
Listing courtesy of:
Jared Litwiller 309-840-5983,
Freedom Realty
Bought with:
Sarah Marshall
Coldwell Banker Real Estate Group
Source: MRED as distributed by MLS GRID,MLS#: 12387401
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 3
- Parking features: No Garage, On Site, Garage Owned, Detached, Unassigned, Driveway, Owned, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Exterior features: Lighting
Lot
- Size: 8,712 sqft
- Dimensions: 60X 142
- Features: Level
Details
- Additional structures: None
- Parcel number: 2104419001
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Victorian
- Property subtype: Multi Family
Materials
- Frame, Asbestos
- Foundation: Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1904
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Sidewalks, Street Lights, Street Paved
Location
- Region: Bloomington
- Subdivision: Dimmitts Grove
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $245,000-2% |
Source:  MRED as distributed by MLS GRID #12387401 Report a problem | ||
| 6/13/2025 | Pending sale | $250,000 |
Source:  RMLS Alliance as distributed by MLS GRID #PA1258663 Report a problem | ||
| 6/10/2025 | Contingent | $250,000 |
Source: MRED as distributed by MLS GRID #12387401 Report a problem | ||
| 6/8/2025 | Listed for sale | $250,000+25.1% |
Source: MRED as distributed by MLS GRID #12387401 Report a problem | ||
| 3/8/2024 | Sold | $199,900 |
Source: Public Record Report a problem | ||
| 2/3/2024 | Pending sale | $199,900 |
Source: MRED as distributed by MLS GRID #11968955 Report a problem | ||
| 2/1/2024 | Listed for sale | $199,900+96% |
Source: MRED as distributed by MLS GRID #11968955 Report a problem | ||
| 1/25/2019 | Sold | $102,000-2.9% |
Source: Public Record Report a problem | ||
| 1/15/2019 | Pending sale | $105,000 |
Source: Keller Williams - Bloomington #10247825 Report a problem | ||
| 1/15/2019 | Listed for sale | $105,000 |
Source: Keller Williams - Bloomington #10247825 Report a problem | ||
| 11/18/2018 | Listing removed | $105,000 |
Source: Keller Williams Realty Bloomington #2184344 Report a problem | ||
| 11/9/2018 | Listed for sale | $105,000-4.5% |
Source: Keller Williams - Bloomington #2184344 Report a problem | ||
| 10/10/2018 | Listing removed | $550 |
Source: AB Rentals Inc. Report a problem | ||
| 7/25/2018 | Listed for rent | $550 |
Source: AB Rentals Inc. Report a problem | ||
| 5/1/2018 | Listing removed | $110,000 |
Source: Keller Williams Realty Bloomington #2174258 Report a problem | ||
| 3/2/2018 | Price change | $110,000-12% |
Source: Bloomington #2174258 Report a problem | ||
| 11/7/2017 | Listed for sale | $125,000 |
Source: Keller Williams - Bloomington #2174258 Report a problem | ||
| 11/7/2017 | Listing removed | $550-4.3% |
Source: AB Rentals, Inc Report a problem | ||
| 6/23/2017 | Listed for rent | $575 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,532 +0.2% | $43,560 +3.3% |
| 2023 | $3,523 +10% | $42,152 +11.9% |
| 2022 | $3,203 +9.2% | $37,684 +9.2% |
| 2021 | $2,932 | $34,497 +4% |
| 2020 | -- | $33,171 |
| 2019 | -- | $33,171 |
| 2018 | $2,792 | $33,171 |
| 2017 | $2,792 0% | $33,171 |
| 2016 | $2,793 +0.5% | $33,171 |
| 2015 | $2,780 | $33,171 |
| 2014 | $2,780 +5% | $33,171 |
| 2013 | $2,649 -2.3% | $33,171 -1.1% |
| 2012 | $2,711 | $33,536 -3.2% |
| 2011 | $2,711 +0.4% | $34,660 |
| 2010 | $2,701 +0.7% | $34,660 |
| 2009 | $2,683 +2% | $34,660 +0.8% |
| 2008 | $2,630 +2.9% | $34,392 +2.6% |
| 2007 | $2,555 | $33,536 +6.6% |
| 2006 | -- | $31,464 +2.1% |
| 2005 | -- | $30,817 |
Find assessor info on the county website
Neighborhood: 61701
Nearby schools
GreatSchools rating
- 2/10Sheridan Elementary SchoolGrades: K-5Distance: 1.3 mi
- 5/10Bloomington Jr High SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Bloomington High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Sheridan 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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- Illinois
- McLean County
- Bloomington
- 61701
- 501 E Grove St
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