504 N Madison Street Bloomington, IL ^$ 850,000

504 N Madison Street

^$ 850,000

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504 N Madison Street

Bloomington, IL, 61701

^$ 850,000

Studio Baths0.0

Monthly Estimate*

^$ 5,938

504 N Madison Street, Bloomington, IL 61701 - Image 1

504 N Madison Street, Bloomington, IL 61701 - Image 2

504 N Madison Street, Bloomington, IL 61701 - Image 3

504 N Madison Street, Bloomington, IL 61701 - Image 4

504 N Madison Street, Bloomington, IL 61701 - Image 5

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504 N Madison Street, Bloomington, IL 61701 - Image 7

504 N Madison Street, Bloomington, IL 61701 - Image 8

504 N Madison Street, Bloomington, IL 61701 - Image 9

Studio Lots and Land for sale in Bloomington, IL for $850,000.

Amazing opportunity to building something special right in Downtown Bloomington. With immense growth, a booming job market, and limited housing stock, Bloomington offers a unique opportunity for development. 504-512 Madison is one of the few remaining parcels downtown primed for development! This offering is for all lots in that range pinned 21-04-108-006 and 21-04-108-007. Lot size spans nearly 200x120. Adjacent lot is city owned allowing for potential public/private opportunities. All utilities at sight and recent survey completed. Primed and ready for your vision, and your offers!

Lots and Land Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 2,653

Style

Town/City

Bloomington

County/Region

MC LEAN

MLS | Web ID

11942683

Features

General

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Community

Possession Closing

Zoning PUD

Township City of Bloomi

Tax Year 2022

Percent Ownership Fee Simple

County Mc Lean

Property Type Land Land

Possible Use Commercial Condominium Development Multi-Family Retail

Status Active

Directions s on madison to property

City Bloomington

High School District 87

MLS Area Bloomington

Waterfront Y/N N

Street Name Madison

Tax Annual Amount 2653.92

Additional Parcels Y/N Y

Days on Market 6

Standard Status Active

Middle/Junior School District 87

Elementary School District 87

Exterior

Total Parking 0

Lot Dimensions 199X118

Road Surface Type Asphalt Concrete

Frontage Length 199.8

Frontage Type City Street

Interior

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Corcoran Urban Real Estate

Broker

pezza@corcoranurban.com

Affordability Calculator

$6,159

Per Month

Monthly Principal & Interest: $5,938
Monthly Property Taxes: $221
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Bloomington, IL

Average List Price ^$128,726

Percent of Sale Price 85%

About Bloomington, IL

78,214 Population

20% Since 2002

^$64,924 Median Income

36.67 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566298 Elementary School

566657 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/6/2024	$850,000		Listed Price

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504 N Madison Street, Bloomington, IL, 61701 is a Lots and Land for sale at $850,000. 504 N Madison Street is a studio with 0.0 baths. The property's zip code is 61701 which is in Bloomington, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/30/2024.

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504 N Madison Street

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