306 S Gridley Street Bloomington, IL $ 175,000
306 S Gridley Street
$ 175,000
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306 S Gridley Street

Bloomington, IL, 61701
$ 175,000
Bedrooms2 Baths2.0 Sq 1,000

Monthly Estimate*

$ 1,078

306 S Gridley Street, Bloomington, IL 61701 - Image 1
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Multi-Family Home for sale in Bloomington, IL

for $175,000 with 2 bedrooms and 2 full baths. This 1,000 square foot home was built in 1920 on a lot size of 0.07.

Beautifully updated duplex featuring two one-bedroom, one-bathroom units. Both spaces have been renovated with a charming "cozy cabin" style. The main level offers high ceilings and bold, vibrant paint choices, while the upper unit features a clean, neutral palette. Each unit comes with one off-street parking space located behind the building. Tenants pay for electricity; the upper unit is fully electric, including the furnace. The owner currently covers water for both units and gas for the main level, though the gas bill can be transferred to the tenant, as it serves only the main unit's furnace. Located just minutes from downtown Bloomington in the historic Dimmitts Grove neighborhood, this property offers flexibility as an investment or owner-occupied opportunity-live in one unit and rent the other to help offset your mortgage.

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Multi-Family Active

Price

$ 175,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,303

Style

Bungalow

Lot Size

0.07

Year Built

1920

Town/City

Bloomington

County/Region

McLean

MLS | Web ID

12622037

Features
General
Sewer Public Sewer
Heating Natural Gas Electric
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style Bungalow
Construction Materials Vinyl Siding
Year Built 1920
Township City of Bloomi
Tax Year 2024
Ownership Fee Simple
Gross Income 19200
Community Features Park Sidewalks Street Lights Street Paved
County McLean
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Dimmitts Grove
Total Rooms 6
Status New
Directions N on Gridley from Oakland or S on Gridley from Washington
High School Bloomington High School
City Bloomington
High School District 87
MLS Area Bloomington
Elementary School Sheridan Elementary
Tax Annual Amount 2303
Electric Expense 0
Middle/Junior High School Bloomington Jr High School
Trash Expense 0
Water Sewer Expense 1308
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 87
Elementary School District 87
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Interior
Basement Unfinished Full
Total Bedrooms 2
Room Type Foyer Utility Room-Lower Level
Total Baths 2
Bedrooms Possible 2
Bathroom No Tub
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Unassigned Off Alley Off Street Yes Owned
Water Source Public
Total Parking 2
Foundation Details Brick/Mortar
Lot Dimensions 39 X 75
Lot Size Acres 0.07
Waterfront Y/N N
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* Excluded Features
List By
Kms Realty, Inc.

Broker

adity.singhal@yahoo.com

Email

Affordability Calculator

$1,269
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,078
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2509581 Elementary School
2713493 Middle School
Bloomington High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$175,000 Listed Price

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306 S Gridley Street, Bloomington, IL, 61701 is a Multi-Family Home for sale at $175,000 with 1,000 sqft and a lot size of 0.07. 306 S Gridley Street has 2 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 61701 which is in Bloomington, IL