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500 S Prospect Road Bloomington, IL $ 285,000
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$ 285,000 Get more info
500 S Prospect Road
$ 285,000
Back to search
Share Save

500 S Prospect Road

Bloomington, IL, 61704
$ 285,000
Bedrooms4 Baths2.0 Sq 4,290

Monthly Estimate*

$ 1,778

500 S Prospect Road, Bloomington, IL 61704 - Image 1
500 S Prospect Road, Bloomington, IL 61704 - Image 2
500 S Prospect Road, Bloomington, IL 61704 - Image 3
500 S Prospect Road, Bloomington, IL 61704 - Image 4
500 S Prospect Road, Bloomington, IL 61704 - Image 5

Multi-Family Home for sale in Bloomington, IL

for $285,000 with 4 bedrooms and 2 full baths. This 4,290 square foot home was built in 1975.

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!

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Multi-Family Contingent

Price

$ 285,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,233

Style

Ranch

Year Built

1975

Town/City

Bloomington

County/Region

McLean

MLS | Web ID

12513981
Features
General
Sewer Shared Septic
Heating Forced Air
Possession Closing
Zoning OTHER
Garage Spaces 2
Architectural Style Ranch
Construction Materials Brick
Year Built 1975
Township City of Bloomi
Tax Year 2024
Ownership Fee Simple
County McLean
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Subdivision Name Not Applicable
Total Rooms 6
Status Contingent
Directions Corner of Prospect and Grandview one block north from Oakland Ave
High School Bloomington High School
City Bloomington
High School District 87
MLS Area Bloomington
Elementary School Oakland Elementary
Tax Annual Amount 6233.72
Middle/Junior High School Bloomington Jr High School
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 87
Elementary School District 87
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Interior
Basement Partially Finished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Dimensions 154 x145
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

bvirgil@coldwellhomes.com

Email

Affordability Calculator

$2,297
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,778
Monthly Property Taxes
$519
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2509889 Elementary School
2713493 Middle School
Bloomington High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/10/2025$285,000 Listed Price

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500 S Prospect Road, Bloomington, IL, 61704 is a Multi-Family Home for sale at $285,000 with 4,290 sqft. 500 S Prospect Road has 4 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 61704 which is in Bloomington, IL

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