Closed

$245,000

501 E Grove St, Bloomington, IL 61701

7beds

--sqft

Multi Family

Built in 1904

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,581 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,581/mo

Zestimate^® history

Owner options

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What's special

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.

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 Square Feet
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 & HOA

Community

Features: Sidewalks, Street Lights, Street Paved
Security: Carbon Monoxide Detector(s)
Subdivision: Dimmitts Grove

Location

Region: Bloomington

Financial & listing details

Tax assessed value: $142,317
Annual tax amount: $3,532
Date on market: 6/8/2025
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
2025	$3,732 +5.7%	$47,439 +8.9%
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 homes

Nearby schools

GreatSchools rating

2/10
Sheridan Elementary School
Grades: K-5Distance: 1.3 mi
5/10
Bloomington Jr High School
Grades: 6-8Distance: 0.9 mi
3/10
Bloomington High School
Grades: 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.