Investors, this is one you've been waiting for! Currently tenant-occupied through March, this well-maintained 3 bedroom, 1 bathroom property is ready to generate income from day one. This could be packaged with 502 S Gridley, Bloomington.
Active
Price cut: $10K (7/17)
$155,000
506 N McLean St, Bloomington, IL 61701
3beds
2,016sqft
Single Family Residence
Built in 1920
2,340 Square Feet Lot
$149,200 Zestimate®
$77/sqft
$-- HOA
What's special
- 48 days |
- 897 |
- 52 |
Zillow last checked:
Listing updated:
Listed by:
Seth Couillard 309-530-1442,
Couillard and Company,
Megan Sargent 309-826-6722,
Couillard and Company
Source: MRED as distributed by MLS GRID,MLS#: 12694454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Second
- Area: 170 Square Feet
- Dimensions: 10X17
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Second
- Area: 130 Square Feet
- Dimensions: 10X13
Bedroom 3
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Dining room
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Kitchen
- Features: Flooring (Vinyl), Window Treatments (All)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11X13
Living room
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 210 Square Feet
- Dimensions: 14X15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Fencing: Fenced
Lot
- Size: 2,340 Square Feet
- Dimensions: 39 X 60
- Features: Mature Trees, Landscaped
Details
- Parcel number: 2104259016
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Wood Siding, Stucco, Synthetic Stucco
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not Applicable
HOA
- Services included: None
Location
- Region: Bloomington
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $99,300
- Annual tax amount: $2,604
- Date on market: 7/7/2026
- Ownership: Fee Simple
Estimated market value
$149,200
$142,000 - $157,000
$1,528/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $155,000-6.1%$77/sqft |
Source:  MRED as distributed by MLS GRID #12694454 Report a problem | ||
| 7/7/2026 | Listed for sale | $165,000+46.7%$82/sqft |
Source: MRED as distributed by MLS GRID #12694454 Report a problem | ||
| 11/6/2024 | Listing removed | $1,499$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2024 | Price change | $1,499-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2024 | Price change | $1,599+6.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/21/2024 | Price change | $1,499-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2024 | Price change | $1,599-3.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2024 | Listed for rent | $1,650+3.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/18/2023 | Listed for rent | $1,599+52.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2023 | Sold | $112,500+82.9%$56/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/14/2018 | Listing removed | $1,050$1/sqft |
Source: Owner Report a problem | ||
| 7/9/2018 | Listed for rent | $1,050$1/sqft |
Source: Owner Report a problem | ||
| 2/4/2015 | Sold | $61,500-9.4%$31/sqft |
Source: MRED as distributed by MLS GRID #10180353 Report a problem | ||
| 12/18/2014 | Price change | $67,900-2.9%$34/sqft |
Source: RE/MAX CHOICE #2142921 Report a problem | ||
| 12/9/2014 | Listed for sale | $69,900$35/sqft |
Source: RE/MAX CHOICE #2142921 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,604 +20.1% | $33,100 +23.7% |
| 2024 | $2,169 +10.3% | $26,751 +13.7% |
| 2023 | $1,967 +5.5% | $23,533 +7.3% |
| 2022 | $1,865 +5.6% | $21,940 +5.5% |
| 2021 | $1,767 | $20,787 +1.2% |
| 2020 | -- | $20,541 |
| 2019 | -- | $20,541 |
| 2018 | $1,729 | $20,541 |
| 2017 | $1,729 0% | $20,541 -2.1% |
| 2016 | $1,729 +42.3% | $20,982 +2.4% |
| 2015 | $1,215 | $20,500 -40.8% |
| 2014 | $1,215 -45.6% | $34,647 +2% |
| 2013 | $2,233 -9.7% | $33,967 -1.1% |
| 2012 | $2,473 | $34,342 -8.7% |
| 2011 | $2,473 +0.4% | $37,614 |
| 2010 | $2,464 +0.7% | $37,614 |
| 2009 | $2,447 +12.3% | $37,614 +10.6% |
| 2008 | $2,180 +1.6% | $34,011 +2.6% |
| 2007 | $2,146 | $33,165 +2.5% |
| 2006 | -- | $32,348 +2.1% |
| 2005 | -- | $31,683 +42% |
| 2002 | -- | $22,311 +4.1% |
| 2001 | -- | $21,428 +4.6% |
| 2000 | -- | $20,484 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61701
Nearby schools
GreatSchools rating
- 2/10Sheridan Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Bloomington Jr High SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Bloomington High SchoolGrades: 9-12Distance: 0.8 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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