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  • $180,000

    502 E Locust St, Bloomington, IL 61701

    3beds
    --sqft
    Multi Family
    Built in 1912
    -- sqft lot
    $182,800 Zestimate®
    $--/sqft
    $1,208 Estimated rent

    Home value

    $182,800

    $168,000 - $199,000

    $1,208/mo

    Zestimate® history
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    What's special

    ***SELLER WILL CONTRIBUTE $2,000 TOWARDS BUYER'S CLOSING COSTS*** Centrally located 3-unit building. Two bedroom unit just updated with brand new kitchen, fresh paint and flooring as well and is vacant and ready to househack or put your own renter in! Property features a 2 bedroom, a 1 bedroom, and an efficiency apartment. Gas and electricity are separately metered for all units. Per the previous listing, there was a new water main in 2016 and a new roof in 2009. Separate meters for Gas & Electric. Each unit has its own furnace but one water heater for the building which is on a separate meter as well. There is potential to put a washer and dryer in the basement. The owner pays Water & Gas for the Water Heater ONLY. Property is being sold as-is where-is. All information is believed to be accurate but not guaranteed.

    Zillow last checked: 7 hours ago

    Listing updated: June 21, 2025 at 01:58am

    Listing courtesy of:

    Marti Ryan 309-287-2053,

    Vesta Real Estate LLC

    Bought with:

    Samantha Miller

    Vesta Real Estate LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12222430MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Unfinished,Partial

    Property

    Lot
    • Size: 0.48 Acres
    • Dimensions: 82 X 255
    Details
    • Parcel number: 2104232017
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Other, Combination
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bloomington
    • Subdivision: Franklin Park

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/18/2025Sold$180,000-10%
    Source: MRED as distributed by MLS GRID #12222430 Report a problem
    5/19/2025Contingent$199,900
    Source: MRED as distributed by MLS GRID #12222430 Report a problem
    5/6/2025Price change$199,900-4.8%
    Source: MRED as distributed by MLS GRID #12222430 Report a problem
    4/17/2025Price change$210,000-4.3%
    Source: MRED as distributed by MLS GRID #12222430 Report a problem
    3/27/2025Listing removed$850
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,531 +0.7%$49,552 +3.3%
    2023$3,506 +11.9%$47,950 +11.9%
    2022$3,133 -6%$42,868 +9.2%

    Find assessor info on the county website

    Neighborhood: 61701

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bent 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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